09-07-2016, 05:15 PM
Honeywell will be giving a stock dividend as a spinoff of one of it's chemicals business. I do own a lot of HON stock, wondering if anyone else does.
Link: http://seekingalpha.com/news/3207492-hon...ix-spinoff
Details:
Honeywell (NYSE:HON) says it will pay a spinoff dividend of AdvanSix common shares on Oct. 1.
HON shareholders will receive one AdvanSix share for every 25 shares of HON stock owned on a pro-rated basis.
HON expects when-issued trading on the NYSE in AdvanSix will begin on Sept. 14, with regular-way trading beginning Oct. 3 under the symbol ASIX.
Link: http://seekingalpha.com/news/3207492-hon...ix-spinoff
Details:
Honeywell (NYSE:HON) says it will pay a spinoff dividend of AdvanSix common shares on Oct. 1.
HON shareholders will receive one AdvanSix share for every 25 shares of HON stock owned on a pro-rated basis.
HON expects when-issued trading on the NYSE in AdvanSix will begin on Sept. 14, with regular-way trading beginning Oct. 3 under the symbol ASIX.