Buying yield and running yield.

The Snowball bought AGR for the ‘secure’ yield (buying yield). As the price fell 42p the yield rose, div 3.36p buying yield 8%. Bought a couple days before the xd date 06/03/25 @ 41.39p for the yield and the plan was to hold for the long term and to re-invest the dividends.

AGR received a bid from KKR and the price rose 46.48p , the running yield fell to 7%, so the profit was booked, you can see the total profit is made up of trading gains and dividends received. If you receive a bid it’s mainly down to luck but sometimes it’s better to be lucky than to be clever.

PHP have made a rival bid for AGR and if successful the Snowball would look to buy for the portfolio, maybe.

If you trade, you will need to book some profits to balance out any clunkers in your portfolio.