Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
How to Handle a Spin Off
#1
This week Kimberly Clark (KMB) spun off Halyard Health. I typically sell any spin off immediately and credit my accounting sheets with the resutlant profit from the sale. I account for the proceeds from the spin off sale as income, just like dividend income, trading income, or option income for that particular position.

I would be interested to learn how other investors treat a spin off.
Reply
#2
Same here. I sold HYH yesterday and used the funds for my QCOM / MSFT purchases.

Basically a one time ~5% dividend from KMB. Thanks guys!
Reply




Users browsing this thread: 2 Guest(s)