Fashion Some Income With This Dividend-Earning Spin-Off
Income investors should be particularly interested in Kontoor Brands, which was recently spun off from apparel giant V.F. Corporation, and offers a first quarterly dividend at a rate of 56 cents per share.
Investors looking for stocks with the potential for outperformance should consider spin-offsIn many cases, spin-off stocks generate strong returns to shareholders, which is exactly what their former parent company intendedFor example, PayPal (PYPL) was spun off from eBay (EBAY) in 2015. In the last three years, PayPal stock generated annualized r...
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