The RSA bid realised £3,239.75 for the 477 shares held. I've reinvested this in fund manager M&G by buying 1301 at 249p plus costs which takes up almost all of the above cash, leaving just 26p taken to income.
The yield on MNG is over 7% which will enhance portfolio income as this is far higher than the exit yield on RSA.
Current capital value of the port. is around £176,000.
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