Q: Good morning. In your report this morning you outlined TOU as an addition to the Income Portfolio with a yield of 5.8%. The yeild is more like 2.1%, is'nt it?
5i Research Answer:
Regular yields is 2.1% but the company pays regular special dividends as well ($2.00 per share in 2024 alone). Some data services will include these as the company has paid special dividends for five years now. We should have noted the variability here.