If the mkt is receptive to Fortive and DHR keeps some of the stock itself for cash sale after the spin-off, I think the balance sheet will be in good shape.
Right on! Appreciate your observation. Sure hope it will be a stock-for-stock transaction.
My thoughts. FULT is now in the $14 range, in a move that has been exceedingly slow but at least a move up. I remember when many of us were in angst as FULT traded in the $12 range for the longest time. While some say that the future is limitless, I think now more than ever the bank should be sold. The current finance reporting regimen for banks, especially smaller banks, is overwhelmingly expensive and intrusive. While FULT is not really "small", it acts like a small bank and its annual earnings are under $1 per share. I frankly view $14 as a top.
Admittedly the dividend is very good, especially to those of us who owned banks that FULT acquired at
a premium many years ago. Still, its time to sell the bank.
Interesting comment in view of fact that DHR has already announced that it is splitting in two very soon.
The smaller part of the split might well be a candidate for a third party takeover, depending on what lines of businesses it ends up with. Clearly something to be watched.
Yes, I agree with these sentiments. The insular thinking of the B/D does not give
me any confidence. What the heck was the extra 2 cents dividend for?