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Strategies & Market Trends : Young and Older Folk Portfolio

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marsdon
red cardinal
rnsmth
Waitress
To: chowder who wrote (687)12/21/2021 2:04:20 AM
From: chowder4 Recommendations  Read Replies (2) of 22056
 
Re: Old Folk Portfolio ...

Yesterday I made a swap for income. I trimmed some shares in GD and used the proceeds to add to AIO.

GD - 2.40% yield
AIO - 6.72% yield

Additionally, AIO announced a 20% increase in the distribution, increasing the yield to 6.77%, and they announced a year end special dividend of $3.45.

As far as the objective, I place this in a category referred to as "Special Opportunities."

This was a move to lock in some nice income gains.
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