Late February update came with a few rebalancing changes in my portfolio. I added shares to my existing position in HCP inc. and sold Realty Income Corp (O) along with GAP Inc. (GPS). As I mentioned in my latest portfolio rebalancing post selling GPS was for me pretty straight forward as the company haven't been able to cope with declining earnings. On other hand many would argue that selling (O) was not the best idea, and it might very well prove to be so. Realty Income corp is a great dividend champion, no doubt about that but at these prices I just feel it's a bit overvalued which is also the reason I choose to swap (O) with (HCP).
From January to February value vent from $34,575.00 to $35,710.00 which is an increase of 3.28%.
In the same time I managed to inject $1233 which is above my target of $1000 per month. All in all a really good month with almost record-breaking dividend income.
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