RE:High distributiondeisman...good points ad usual
I will add one other consideration to the mix. If one compares the total return if you bought one of the underlying securities for many splits, you will find that you have been better off owning the underlying company as opposed to the split.
Will this continue into the future?
I dunno. One reason for my doubt is the significant discount to NAV that we see for many splits. This has prevailed for quite a while now and the question is whether this is a new normal or we will see a reversion to the mean at some point over the next year.
As they say...time will tell