BLI transactions

In my Stockopedia Blippy Defensive portfolio I sold SN (Smith & Nephew) and bought VOD (Vodafone). The rationale is that the prospects for SN do not look better than VOD, and the latter gives a much better dividend. VOD is the highest dividend yielder in the Footsie with a beta < 1.

VOD is like a ute (utility), but with better margins, and a better dividend.

Not expecting high growth out of VOD, and it should be interesting to see if safe and high-yielding (7.9%) will produce a decent return.

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About mcturra2000

Computer programmer living in Scotland.
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