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:

• Top Canadian Dividend ETFs for your portfolio by My Own Advisor
• My Dividend Growth Investment Planning Document by Dividend Growth Stock Investing
• How I Use Value Line Reports to Quickly Assess A Dividend Growth Stock by Dividend Growth Investing & Retirement
• Is American Realty Capital Properties' 8% Dividend Yield Built To Last? by Brad Thomas (Seeking Alpha)
• Enough Is Enough: You Can Always Make More Money, But You Cannot Make More Time by Dividend Mantra
• Is Cracker Barrel Old Country Store, Inc. Cooking Up Rewards For Investors? by Passive Income Pursuit (Seeking Alpha)
• Dividend Aristocrats You Never Heard Of by DivHut
• Nordnetin uusi sisäänheittotuote: kuluton Suomi-indeksi 25-rahasto by Kinski
• Financial Independence and Dealing with the Haters by Starting From Zero
• Johnson & Johnson (JNJ) Dividend Stock Analysis by Dividend Ladder

I wish everyone a nice next week.