You had LWDB in your watch list but wanted a higher yield than 2%.
The covid crash gave you the opportunity, you had no way of knowing where the bottom of the market would be but when the price fell to 400p the dividend was 26p a yield of 6.5%, having already done your research you buy.
The dividend has risen to 33.5p, a yield on the buying price of 8.25%
You plan was to simply re-invest the dividends back into the share.
The current yield is 3.15% so you could take out all your profit and leave your seed capital and re-invest part in a higher yielder and part in a safer fund so you had funds for the next market downturn, whenever that occurs.
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