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T - The Retiree's Dividend Portfolio - John's May Update: Selling Kimco Preferred Series L For Better Opportunities
AT&T Inc.
Although this article covers the results for the month of May, I did want to discuss a trade made during the month of June where we sold shares of Kimco (KIM.PL) Preferred Series L. As much as I would like to take credit for the timing of selling this holding I can honestly say it was lucky timing that we decided to sell it when we did.
Source: Charles Schwab
This sale was made due to the rapid improvement in the value of its preferred shares combined with the risk associated with retail.