Exiting my small Telco Positions: BT, TEF, Starhub

 

For Telcos, I hold Singtel, Vodafone, Telstra, Telefonica, British Telecoms and Starhub.

Telcos have been rallying YTD though the 5-year chart is not very pretty. Its more a case of holding on, collecting 5-6% dividend over 5 years, and exiting at a small profit (compared to S&P500 5 yr performance).

I plan to close my smallest positions, so I have sold my BT and started selling some of my Telefonica. 

Starhub my average buying price was $1.85 during GFC so I have collected 16 years of dividends to reduce the pain of capital loss. I should be closing out the position shortly, or maybe for sentimental reasons I try to hold a bit longer until I have fully exited some other counters.