Dividend Stock Portfolio For Retirement: Top 5 Stock Picks

2. S&P Global Inc. (NYSE:SPGI)

Number of Hedge Fund Holders: 108

On May 21, S&P Global Inc. (NYSE:SPGI) said its Board of Directors approved the previously announced separation of its Mobility division into a standalone public company called Mobility Global. The move will be completed through a pro rata distribution of 100% of Mobility Global’s outstanding common stock to existing S&P Global shareholders. Investors will receive one share of Mobility Global common stock for every share of S&P Global common stock they hold at the close of business on June 15, 2026, the company’s record date.

Shareholders eligible for the distribution will automatically receive Mobility Global shares through a book-entry account statement or a credit to their brokerage account. The company said no action is required from shareholders.

The company also said fractional shares will not be issued. Any fractional shares that would otherwise be distributed will instead be sold in the open market, and shareholders will receive cash payments based on their share of the total net proceeds from those sales.

S&P Global Inc. (NYSE:SPGI) provides financial information, analytics, and market intelligence services. Its businesses include S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, and S&P Dow Jones Indices.