Week in Review 13/15

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.

H.J. Heinz Company and Kraft Foods Group, Inc. to Merge

Merger will create the 3rd largest food and beverage company in North America and the 5th largest food and beverage company in the world.

Combined company to be named The Kraft Heinz Company and to be co-headquartered in Pittsburgh and the Chicago area.

The new company will have revenues of approximately $28 billion with eight $1+ billion brands and five brands between $500 million-$1 billion.

Stock and cash transaction, with Kraft shareholders to receive a special cash dividend of $16.50 per share upon closing and stock in the combined company representing a 49% stake in the new company.

Berkshire Hathaway and 3G Capital will invest an additional $10 billion in The Kraft Heinz Company; existing Heinz shareholders will collectively own 51% of the new company.

Significant synergy opportunities with strong platform for organic growth in North America, as well as global expansion, by combining Kraft's brands with Heinz's international platform.

The Kraft Heinz Company is fully committed to maintaining an investment grade rating; Company plans to maintain Kraft's current dividend per share, which is expected to increase over time.

Source: KRFT Press Release

Since I currently own 100 shares of KRFT, my special dividend amount will be $1650.00. After the payment of taxes my net dividend is $1229.25. (€1117.00)

 

Week in Review 12/15

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. 

Week in Review 11/15

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. 

Recent Sell - Reduced SP Amerikka

Yesterday on11th March I sold 36.401 shares of SP Amerikka at €109.89 per share plus commission. 

Säästöpankki Amerikka is a fund of funds with the objective of increasing the value of the fund units in the long term by mainly investing the capital in investment funds UCITS that invest in the North American equity markets. The fund is euro denominated, but it has investments in other currencies, so changes in exchange rates affect the value of the investment (currency risk). The Säästöpankki Amerikka non-UCITS fund is suitable for investors who are interested in the North American capital markets and who are aware of the related opportunities and risks. The recommended investment period is over seven years.

Week in Review 10/15

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.

Recent Buy - Baxter International Inc. (BAX)

Today on 6th March I added 30 shares of Baxter International Inc. (BAX) at $68.43 per share plus commission ($5.00). My overall cost basis of this position increases from $68.49 to $68.54 per share. I totally hold now 60 shares of BAX and my yield on cost is 3.03%. You can look at my first purchase of BAX here.
 
At today's exchange rate, this purchase 30 shares of BAX will increase €42.26 ($46.49) of my expected annual net dividend income and will increase my portfolio's projected annual net dividend income to €9150.00. 

Click here to see my portfolio.

Full Disclosure: Long BAX

Dividend Income - February 2015

In February 2015 my portfolio dividend income was as follows:

Quarterly dividends received from:

Toronto-Dominion Bank (TD.TO) - €26.38 ($32.32) (CA$37.60)
AT&T Inc. (T) - €103.74 ($117.50) 
Kinder Morgan Inc. (KMI) - €78.94 ($90.00) 
Alerian MLP ETF (AMLP) - €128.55 ($146.25) 
Royal Bank of Canada (RY.TO) - €15.89 ($18.24) (CA$22.70)

Dividend Increase – Bank of Nova Scotia (BNS)

Today the Board of Directors of Bank of Nova Scotia announced a quarterly dividend increase of from CA$0.66 to CA$0.68 per share that’s payable April 28, 2015 to holders of record April 7, 2015. This represents a 6.25 % increase over the second quarter 2014 dividend of CA$0.64 per share and a 3.03 % increase over for the first quarter 2015 of CA$0.66 per share. With current price CA$66.70 (today's close), this raise brings their dividend yield to 4.08%. 

Since I own 100 shares, this will increase my portfolio's projected annual net dividend income by CA$5.96.

That increase rises my YOC to 4.32%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Week in Review 9/15

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.