Sunday, June 1, 2014

Week in Review 22/14

Welcome and thanks for reading! In this review, I will gather together important and interesting news and events over the last week related to my portfolio holdings. In my week review, I put also together some interesting articles from other websites that caught my attention during the past week.

Dividends from My Portfolio Holdings:

  • On May 27 I received a dividend of € 55.38 from Oriflame. 

Dividend income reported after the deduction of taxes. I have also updated my Monthly Dividend sheet.

News from My Portfolio Holdings:

Intel Corporation: 27 May, 2014

  • Intel Enters into Strategic Agreement with Rockchip to Accelerate, Expand Portfolio of Intel-Based Solutions for Tablets (More here)

Bank of Nova Scotia: Second quarter results 27 May, 2014 (More here)
  • Net income of $1,800 million, up 14.0% from $1,582 million.
  • Earnings per share (diluted) of $1.39 compared to $1.22, up 14.0%.
  • Quarterly dividend of 64 cents per common share.

Golar LNG: First quarter 2014 results 28 May, 2014 (More here)
  • Golar reports first quarter 2014 net income of $13.0 million.
  • EBITDA generated in the quarter amounts to income of $33.1 million.
  • The company takes delivery of FSRU Golar Igloo in February. Maiden cargo delivered on board and commissioning concluded successfully off Kuwait in March
  • Golar completes the sale of its interest in the FSRU Igloo to Golar Partners for $310 million.
  • The Company concludes financing for four of its remaining 5 unfinanced newbuilds.
  • Board maintains dividend of $0.45 for the quarter.

Prosafe SE: First quarter 2014 results 28 May, 2014 (More here)
  • Operating profit for the first quarter amounted to USD 22.9 million (USD 19 million). Utilisation of the fleet was 76 per cent (74 per cent).
  • Net profit amounted to USD 18.3 million (net loss of USD 0.7 million), and earnings per share were USD 0.08 (USD 0.00).
  • Total assets at 31 March amounted to USD 1 597.5 million (USD 1 459.2 million), while the book equity ratio rose to 43.9 per cent (42 per cent). Net interest-bearing debt stood at USD 728.9 million (USD 608.1 million).
  • On 28 May 2014 the Board of Directors resolved to declare an interim dividend equivalent to USD 0.16 per share to shareholders of record as of 6 June 2014.
    The shares will trade ex-dividend on 4 June 2014. The dividend will be paid in the form of NOK 0.95 per share on 18 June 2014.

Fortum Corporation: 30 May, 2014
  • Fortum completes divestment of its Norwegian electricity distribution business (More here)

Articles that caught my attention:

I wish everyone a nice next week.


  1. Thanks for you recent update and the mention of one of my articles. Much appreciated. Keep collecting those dividends!

  2. Great info. BNS good gains so far this year. More hike on its way!

    Good Day and Grind On!