Just when I thought the dividend raise party was over Leggett & Platt (LEG) surprised me with a 5% raise. I thought the markets might give up a little to inflation fears especially after Janet Yellen’s comments earlier in he week. By Friday though markets shrugged it off and continued higher Here are my trades for the week:
- Brookfield Property REIT (BPYU) – sold position – BPYU was being taken private and once I found a replacement I did not feel like waiting for the buyout price of $18.17 and instead sold all my shares @ $18.13.
- CTO Realty Growth Inc. (CTO) – new position – CTO is my BPYU replacement. Grabbed 54 shares @ $52.15 and a 7.54% yield.
- Algonquin Power & Utilities (AQN) – increased position – When AQN dips below $16 it’s my signal to add a few more shares. Grabbed 12 shares @ $15.83 and a 3.92% yield
Simple Dividend Growth 