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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (468)11/26/2021 9:33:42 PM
From: chowder1 Recommendation

Recommended By
marsdon

  Respond to of 21981
 
Re: Old Folk Portfolio ... Adjustments.

Over the last couple of days I was looking at positions that were oversized and overvalued and looking to trim those positions and deploy the proceeds elsewhere.

Today I trimmed shares in SO, DUK and JNJ.

These positions were some of the largest positions in the portfolio and even after trimming some shares, they remain above a full position.

The following companies were added to:

AMGN - 3.50% yield - last dividend increase 10%
CCI - 3.20% yield - last dividend increase 11%
ENB - 6.91% yield - last dividend increase 3.1%
TU - 4.57% yield - last dividend increase 5%

The 2020 Annual Dividend Objective was $250,000. -- The current annual dividend amount for the forward 12 months is now at $270,950.