British Land
Posted: July 21st, 2018, 12:08 pm
All the talk about Unilever has set me thinking again about B Land. It is really a pretty hopeless share, however great its London portfolio is.
Its one merit is its yield, where it gives a respectable 4.6%. It is dearly bought income though. I bought it first only in September 2014 at £7.27. It peaked at around £8.70 in October 2015 since when it has drifted downwards and closed last evening at £6.385.
Compare that to other stalwarts of a HYP such as Shell yielding 4.9%. In October 2015 it was standing at £17.75 and is now £27.25, HSBC is yielding 5%. In October 2015 £5.32, now £7.20 or Unilever yielding 2.9%. In October 2015 £29, now £43.62.
I sold some B Land in February this year at £6.474 and think I should have sold the lot. Maybe I will on Monday. I will have a look over the weekend and see if I can identify something more worthwhile.
Dod
Its one merit is its yield, where it gives a respectable 4.6%. It is dearly bought income though. I bought it first only in September 2014 at £7.27. It peaked at around £8.70 in October 2015 since when it has drifted downwards and closed last evening at £6.385.
Compare that to other stalwarts of a HYP such as Shell yielding 4.9%. In October 2015 it was standing at £17.75 and is now £27.25, HSBC is yielding 5%. In October 2015 £5.32, now £7.20 or Unilever yielding 2.9%. In October 2015 £29, now £43.62.
I sold some B Land in February this year at £6.474 and think I should have sold the lot. Maybe I will on Monday. I will have a look over the weekend and see if I can identify something more worthwhile.
Moderator Message:
REDACTED SENTENCE. As you well know, discussion about moderation is frowned upon. Provocation of Mods is downright unhelpful.
REDACTED SENTENCE. As you well know, discussion about moderation is frowned upon. Provocation of Mods is downright unhelpful.
Dod