I originally purchased 50 shares back at the end of March at 22.53/share and decided to buy 105 shares this morning on weakness @ 18.85/share. These additional 105 shares will provide another 78.75 per year in dividends. I’ve also reduced my cost per share now to $20 and YOC to 3.7%.
TWGP announced plans to acquire Canopius which the market did not like. Shares were down 15%. I still believe in this company longterm and believe they will continue to raise their dividends each year which is what I really care about.