Strong quarter sets the stage for breakup

BAXTER INTERNATIONAL INC. $72 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 542.0 million; Market cap: $39.0 billion; Priceto- sales ratio: 2.4; Dividend yield: 2.9%; TSINetwork Rating: Average; www.baxter.com) earned $1.35 a share in the three months ended September 30,… Read More

Hi, Pat: Could I have your opinion on the ALPS Sector Dividend Dogs ETF? If one were considering a “Dogs of the Dow” approach, would this be an alternative? Thanks.

The ALPS Sector Dividend Dogs ETF, $38.79, symbol SDOG on New York (Units outstanding: 24.3 million; Market cap: $942.6 million; www.alpssectordividenddogs.com), is an ETF that applies the “Dogs of the Dow” theory on a sector-by-sector basis using the stocks in the S&P 500. The fund’s… Read More

BAXTER INTERNATIONAL INC. $72 – New York symbol BAX

BAXTER INTERNATIONAL INC. $72 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 542.0 million; Market cap: $39.0 billion; Priceto- sales ratio: 2.4; Dividend yield: 2.9%; TSINetwork Rating: Average; www.baxter.com) earned $1.35 a share in the three months ended September 30,… Read More

Seven examples of spinoff success

From time to time, companies set up their subsidiaries as stand-alone companies and hand out shares in these new businesses as a special dividend. Studies have shown that these new firms, called spinoffs, and their former parents tend to outperform groups of comparable stocks for… Read More

BAXTER INTERNATIONAL INC $76 – New York symbol BAX

BAXTER INTERNATIONAL INC. $76 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 542.6 million; Market cap: $41.2 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.7%; TSINetwork Rating: Average; www.baxter.com) recently announced that it will split into two separate companies.

One firm… Read More

Another spinoff success

BAXTER INTERNATIONAL INC. $72 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 540.9 million; Market cap: $38.9 billion; Price-to-sales ratio: 2.6; Dividend yield: 2.7%; TSINetwork Rating: Average; www.baxter.com) is the latest of our recommendations to announce a spinoff. (We analyze… Read More