Monday, April 23, 2018

I sold half of my Westrock Comapny (WRK) on April 16, 2018.



Westrock Comapny (WRK) has been one of several investments that have doubled in value during the time they have been in the nonPension portfolio.

Last week I sold half of my WRK shares since the valuation is relatively high and the dividend growth rate is relatively low.  The sale reduces my average monthly income by $1.15.

When I sell something in my nonPension portfolio, I try to buy something with either a higher dividend yield or a higher dividend growth rate, or both.  The replacement for my old WRK shares will only meet one of these criteria.

This is the first time I have sold only half of my shares of a security in this portfolio.  I am holding on to the other half of my WRK shares in hopes that their great performance will continue. 





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