Mixed feelings

Another of our holdings, Simon Property Group, Inc. Common Stock (SPG), is raising its dividend. SPG raises its dividend by 2.7% to $1.90.

In contrast to OCCI in which we are fully invested, we are missing several shares in SPG before we have reached our target. However, the report for Q2 was not cheerful reading. SPG missed the target for Q2 and the stock fell 6.6% on Thursday morning.