Week in Review 35/14

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 August 25 I received a dividend of € 48.76 from Gazprom OAO

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

News from My Portfolio Holdings:

Bank of Nova Scotia: August 26, 2014Third Quarter 2014 Results (More here)

Third Quarter Highlights (versus Q3, 2013)

• Net income of $2,351 million, up 35% from $1,747 million
• Earnings per share (diluted) of $1.85 compared to $1.36, up 36%
• Earnings include $555 million or 45 cents per share related to the sale of a majority of the bank's investment in CI Financial Corp. ("the notable gain")
• ROE of 20.6%, compared to 17.2%
• Productivity ratio of 47.8%, versus 51.6%
• Quarterly dividend of 66 cents per common share 

Third Quarter Highlights (versus Q3, 2013) excluding notable gains and 2013 non-recurring items

• Net income of $1,796 million, up 8% from $1,657 million
• Earnings per share (diluted) of $1.40 compared to $1.29, up 9%

Golar LNG: August 26, 2014 Interim Report Second Quarter 2014 (More here)

• Golar reports a second quarter 2014 net loss of $24.2 million including a non-cash loss of $13.6 million on interest rate swaps.
• EBITDA generated in the quarter amounts to income of $1.1million.
• Total pro-forma Q2 EBITDA for the group including Golar Partners was $84.3 million.
• Golar takes delivery of the LNG carrier Golar Crystal on May 15.
• On June 30 Golar raises $661 million net of fees after the successful follow-on issue of 12,650,000 shares of its common stock (including underwriters’ options).
• Spot and short-term chartering market remains challenging.
• Board maintains dividend at $0.45 for the quarter 

Neste Oil: August 29, 2014

• Neste Oil expects to complete repairs on the damaged hydrogen unit at Porvoo by the end of October; guidance for 2014 revised (More here)

  

Articles that caught my attention:

• DGI Lesson 12 (Part II): Invest According to a Plan by David Van Knapp on Daily Trade Alert
• Resentment by Dividend Mantra
• All Aboard The Dividend Train Part 1 by DivHut
• Berkshire Hathaway: Breaking The Traditional Rules Of Income Investing by Tim McAleenan Jr. on The Conservative Income Investor
• 5 Cash-Hoarding Stocks With Top Yields And Strong Cash Flows (PFE, COP, CVX, LLY, MRK) by Tom Roberts on Dividend Yield - Stock, Capital, Investment
• The Best of Both Worlds: Put Options by Passive Income Pursuit
• I just bought $152,669 in REITs on margin by Asset-Grinder
• All Aboard The Dividend Train Part 2 by DivHut
• Think Like An Owner by Dividend Mantra
• I'm Waiting Patiently For This Blue Chip REIT To Go On Sale by Brad Thomas on Seeking Alpha
• Safe Large-Cap Blue-Chip Dividend Champions For Your Retirement Portfolios: Part 2 by Chuck Carnevale on Seeking Alpha
• 3,000+ Word How-To Dividend Growth Investing Guide by Ben Reynolds on Sure Dividend
• Starbucks: The Next Dividend Growth Success Story by Dividend Growth Investor on Seeking Alpha

I wish all readers a nice next week.