Sunday, June 29, 2014

Week in Review 26/14

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 June 25 I received a dividend of € 39.08 from TAL International Group Inc.

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

News from My Portfolio Holdings:

Kraft Foods Group: June 23, 2014

  • Kraft Foods Group Declares Regular Quarterly Dividend of $0.525 per Share (More here)

Golar LNG Limited: June 24, 2014

  • Golar LNG Limited Successfully Prices Public Follow-On Offering of its Common Stock (More here)

NCC AB: June 25, 2014

  • NCC sells office project in Gothenburg for SEK 860 million (More here)

Pfizer Inc.: June 26, 2014

  • The board of directors of Pfizer Inc. today declared a 26-cent third-quarter 2014 dividend on the company’s common stock. (More here)

Philip Morris International Inc. June 26, 2014

  • The company revises its 2014 full-year reported diluted earnings per share (“EPS”) forecast to be in a range of $4.87 to $4.97, versus $5.26 in 2013, compared to a range of $5.09 to $5.19 as previously announced on May 7, 2014. (More here

NCC AB: June 27, 2014

  • NCC has been commissioned by HSB to build 92 apartments at the Finnbodavarvet area of Nacka. The order is worth SEK 275 million. (More here)
  • NCC is selling an office project in Mölndal to Stena Fastigheter for SEK 868 million. The project is fully leased to SCA. (More here)

Gazprom: June 27, 2014

  • According to the Company's 2013 operating results, the Shareholders Meeting approved the dividend amount – RUB 7.20 per share (20.2 per cent increment versus the dividends paid out in 2012). (More here)

AT&T: June 27, 2014

  • The board of directors of AT&T Inc. declared a quarterly dividend of $0.46 a share (More here)

Articles that caught my attention:

I wish everyone a nice next week.


  1. Good reading stuff man. So I was wondering on the withholding taxes that applies to you. Do you have any agreements with other companies around you? what about non taxable accounts?

    1. Hi A-G
      My capital income tax rate is 30%. Foreign dividends are generally charged on foreign withholding tax. It will be credited to the Finnish tax. If the company making the distribution is from an EU country or a state with which Finland has a tax treaty applicable to dividends, the dividend tax liability, as well as the Finnish dividend. A dividend of 85% (70% in 2013) will be taxable as capital income and 15% (30% in 2013), tax-free.

      PepsiCo to ​​pay me a dividend of $ 100. $ 15 is tax-free, so I will pay tax on 30 per cent of 85 dollars, which is equal to 25.5 percent of 100 dollars. ETF's distributions are not dividends so those don't have 15 percent tax-free portion.
      We don't have any non taxable accounts in Finland.

      Thanks for stopping by!