Agricultural Bank of China Ex Date; Locking Profits from Marathon Oil
We will experience a temporary drop from $1288.HK (Agricultural Bank of China), today is the dividend ex date and payment will be this June 28. Dividend yield is 6.7% based on stock price before ex date. We already collected 24% dividends from this stock based on initial accumulation since 5yrs ago. Agricultural Bank of China have 4% share in the overall portfolio.
We also locked profits from $MRO (Marathon Oil Corp) as it surge during the US trading hours. ConocoPhillips has agreed to buy rival Marathon Oil in an all-stock deal that values the Houston-based company at $22.5bn, including debt the value will be around $17bn. We also collected around 1% dividend yield plus the 11% stock value yield for a waiting period of 9 months. Marathon Oil had 8% share in the overall portfolio and this move will increase our cash position to 33%
We continue to look for opportunities while managing risks.
Happy Investing!... Show More
