This still needs verification but it appears shareholders of record on APR 6 get the shares, which implies ex-div is APR 3.
My normal knee jerk reaction to a spin off is just dump the shares. This time might be different. I'd do a little research before I just dumped them on a down market day. You are getting two VERY reputable brands. UTX isn't dumping junk, they are just focusing their new merger.
Carrier heating and air, residential and commercial. One of the top brands for sure. Competitive industry no doubt.
Otis elevators, formerly Montgomery elevators long ago. Don't know their market share but it's not small.
I don't even get any "free" shares, just trying to prompt some research. If you dump them on a down market day for 25% off, I'll be all over them like the proverbial fat kid on a ham sammitch. Can I say that here?
They may well outperform the parent company that put them up for adoption. Mergers aren't easy initially.
My normal knee jerk reaction to a spin off is just dump the shares. This time might be different. I'd do a little research before I just dumped them on a down market day. You are getting two VERY reputable brands. UTX isn't dumping junk, they are just focusing their new merger.
Carrier heating and air, residential and commercial. One of the top brands for sure. Competitive industry no doubt.
Otis elevators, formerly Montgomery elevators long ago. Don't know their market share but it's not small.
I don't even get any "free" shares, just trying to prompt some research. If you dump them on a down market day for 25% off, I'll be all over them like the proverbial fat kid on a ham sammitch. Can I say that here?
They may well outperform the parent company that put them up for adoption. Mergers aren't easy initially.