SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (687)12/21/2021 2:04:20 AM
From: chowder4 Recommendations

Recommended By
marsdon
red cardinal
rnsmth
Waitress

  Read Replies (2) | Respond to of 22054
 
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.