01-02-2022, 05:52 AM
(01-01-2022, 08:07 PM)fenders53 Wrote: Thanks. I guess I am curious how ABT cut their dividend on the ABBV spin. I guess I would have to add up the RTX spin divs and perhaps answer my own question. So RTX waits 25 years to get back on the list while others raise a penny or two while floundering and remain. Obviously it's just a list and you research from there.
The S&P list is a bit strange - not sure if this is from them. There have been cases where when a company split it stayed on the list so long as the combined dividends were increased the following year, and cases where they didn't. There are criteria to be on the S&P list but the final criterion is whatever company the list's governing body says belongs there. I was thinking a difference in the two was how it treated ABT/ABBV vs PM/MO.