On July 21, 2020, I sold all 120 shares of Alpine Global Premier Properties Fund Com Shs Of Ben Int (AWP) we had, getting $4.69 per share.
AWP has been in our portfolio since April 2019. AWP is a dividend stock, which paid us about $4.08/monthly (after-tax). Unfortunately AWP stock is not optionable, and it was agreed to "flip it" to other dividend stock, but with options - Barclays PLC (BCS)
- BCS stands for Barclays PLC - London headquartered multinationl bank holding company - Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management
With BCS stock we are looking to take about $20-$30/mo, that at least 5 times income we got from AWP
BCS also pays dividends - twice in a year, though the dividend yield is not as high as for AWP stock, we believe that income from options and dividend is worth more than holding AWP anymore. Let's say this way - our investment principles have changed