As some have said its always hard to decision to sell but at least it makes it easier when they havent raised their dividend in 2 years and drop considerably in the summer due to hurricane season. That is one of the many reasons i decided to sell UVE it was a tough decision but with another company standing ready to buy i had to pull the trigger.
On May 15th 2018 the decision was made i waited for a littlew up tick in UVE price then pulled the trigger selling all 238.8732 which netted me $8,213.87 of cash. I had made over $4,000.00 dollars off this investment but with upcoming Hurricane season coming since it is a insurance company with its main business in florida now was a good time to sell and when it drops when a hurricane is bearing down on florida in the future i will pick some more up.
Now onto the buy I had my eyes on ATT for awhile so it was a no brainer that this would be the company i put my money in. On May 17th i bought 250 Shares of T for a cost of $8,055.70. This buy adds $125 a quarter to my dividends $500 a year to my dividends. this brings my total share count of T to 331.38. This brings my 12 month future dividends to $6028.74.
Have you sold any lately? have you bought anything lately?
Disclaimer: Long T.