From my laypersons perspective a 5.35% yield is not bas especially when the divy payout by WIC has been consistent over the years.
Some of their stocks have been given a haircut but as far as I can see its only market varies driven by sentiment. WIC stills trades at a discount to NTA and they hold 19% in the undisclosed basket .Its hard to determine the net effect.
Nothing has really changed and at some point these stocks will be rerated and I intend to be around with more shares at the right price.
The next divy is slowly approaching which is great.
WIC Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
