06-03-2021, 09:25 PM
(06-03-2021, 02:35 PM)DividendGarden Wrote:(06-03-2021, 02:30 PM)Otter Wrote: Now have some OGN thanks to the MRK spinoff. Wonder if it will perform as poorly as VTRS (the PFE spinoff).
OGN is forecasting declining revenues, so I sold my OGN.
Maybe they’ll merge with VTRS and create an even larger generic pharmaceutical company with terrible earnings.
KTB (VFC spinoff) has been one of my few pleasant surprises for spinoffs.
I usually just hold whatever gets spun, unless it is a situation like T where the forecast is for an overall, substantial dividend cut.