Today Fool.com analysts Isaac Pino and Blake Bos provide an update on the biggest spinoff this past week -- Kraft's decision to become two separate companies.
Blake looks at yet another trading glitch that provided a short-term spike in share price, but he also points out that Kraft has now become more attractive to income investors. Much like Altria and Phillip Morris' separation in 2007, Kraft has become a domestically focused dividend dynamo, upping its yield to 4.5%.
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The article Updates on a Big Spinoff originally appeared on Fool.com.Blake Bos, Isaac Pino, and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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