DSW announces a 2 for 1 split
DSW, the shoe retailer, announced a 2 for 1 split on August 5th. The split date will be determined after a vote for shareholder approval.
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2 for 1 ends July up 5.5% for the month
2 for 1 continues to beat the market, up 5.5% for July. Three splits in July (WWW, COG, and CGNX) will be analyzed to see if any of them deserve admission into the 2 for 1 portfolio. Stay tuned for the August issue of 2 for 1.
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Article about stock splits in Kiplinger
Kathy Kristoff of Kiplingers writes a nice article about stock splits.
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Equity LifeStyle Properties announces a 2 for 1 split
Equity LifeStyle Properties (ELS) is the latest 2 for 1 split announced in June. ELS is a REIT that might be a good fit for the 2 for 1 model portfolio. It is one of several candidates for our next pick to be announced on July 12th.
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One Split in June as of 6/12/13
Portfolio Recovery Associates, Inc. (Nasdaq:PRAA) announced June 10th that its board of directors approved a 3:1 stock split to be distributed on or about August 1, 2013. This company will be analyzed for possible inclusion in the July issue of 2 for 1.
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Flowserve (FLS) out with a 3 for 1 split
Flowserve Corp. (FLS) announced a June 21 date for delivery for its 3 for 1 stock split. The first split in June follows seven split announcements in May, one of which will provide the latest recommendation for the 2 for 1 portfolio, recently written up in the Wall Street Journal.
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