I am by no means a thrill seeker.
I like certain things in my life to be of a predictable nature. I like knowing that I’m unconditionally loved by my family and friends. I like knowing that my daughter is always safe and healthy, and that the sun will rise the next morning.
However, there’s a degree of unpredictability that exists in investing that I absolutely love.
This announcement sent shares of Dr. Pepper Snapple up 23 percent in one morning!
Here’s the way the deal will play out. Shareholders of Dr. Pepper Snapple will receive a cash dividend of $103 a share. In addition to that, they will receive a share of of the new company for each share of Dr. Pepper Snapple they already own. This allows the shareholders to participate in the new company.
If you are a shareholder, this all happened while you were sleeping! You didn’t have to do anything!
What a beautiful thing! This is one of the reasons I love investing!!!
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