Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Received Dividends:
August 24, 2020
- € 10.21 – Starbucks Corporation
- € 29.71 – Lazard Ltd
August 25, 2020
- € 8.82 – WestRock Company
- € 61.94 – Royal Bank of Canada
August 28, 2020
- € 13.52 – Williams-Sonoma Inc.
- € 13.70 – Eaton Corporation plc
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
August 24, 2020
- I purchased 40 shares of AT&T Inc. (T) at $ 29.69 per share plus commission
At today's exchange rate, that purchase 40 shares of T will increase € 52.06 ($ 61.98) of my expected annual net dividend income and will increase my portfolio's projected annual net dividend income to € 14,940.00. I totally hold now 350 shares of T and my yield on cost is 6.07%. After this acquisition T’s weight of my portfolio is about 1.77% and its share of future annual dividend income is approximately 3.05%. Currently, I have no plans to add more AT&T to my portfolio, although the price seems to be very attractive as its weight has been already quite high, especially in terms of dividend income.
Portfolio Holdings News:
August 25, 2020
- Bank of Nova Scotia (BNS) reports third quarter results; BNS reports adjusted EPS of C$1.04, missing analyst estimates by C$0.07 and declining 45% year-over-year. Revenue of C$7.73 billion misses analyst estimates by C$210 million but increases 1% versus the same quarter a year ago.
August 26, 2020
- UPM-Kymmene Corporation: UPM plans restructuring and streamlining to ensure performance
- Royal Bank Of Canada (RY) reports third quarter 2020 results; RY reports EPS of C$2.20, beating analyst estimates by C$0.49 but declining 1% year-over-year. Revenue of C$12.92 billion beats analyst estimates by C$1.1 billion.
- William-Sonoma Inc. (WSM) announces second quarter 2020 results; WSM reports adjusted EPS of $1.80, beating analyst estimates by $0.81 and surging 106.9% versus the same quarter a year ago. Revenue of $1.491 billion exceeds analyst estimates by $20 million and grows 8.8% year-over-year.
August 27, 2020
- TD Bank Group (TD) Reports Third Quarter 2020 Results; TD reports adjusted EPS of C$1.25, beating analyst estimates by C$0.02 but declining 30.2% year-over-year. Revenue of C$10.67 billion beats analyst estimates by C$680 million and increases 1.6% year-over-year
- Canadian Imperial Bank of Commerce (CM) Announces Third Quarter 2020 Results: CM reports adjusted EPS of C$2.71, beating analyst estimates by C$0.53 but declining 12.6% year-over-year. Revenue of C$4.71 billion narrowly misses analyst estimates by $60 million and declines 0.5% year-over-year.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: Starbucks (SBUX) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- The Transformation for this Utility should Payoff by Dividend Earner
- Dividend Stocks Make A Comeback by Rida Morwa at Seeking Alpha
- McCormick & Company: At Best A Hold At Current Valuations by Passive Income Pursuit at Seeking Alpha
- Canadian Utilities Vs. Fortis: Comparing The Medium-Term Returns Of Canada's 2 Largest Dividend Aristocrats by Nikolaos Sismanis at Seeking Alpha
- Should you only put 5% down on your mortgage and invest the difference? by Mark at My Own Advisor
- Dividend Stock Watch List: Lanny’s September 2020 Edition by Lanny at Dividend Diplomats
- Cisco Systems (CSCO): The Networking Giant Is A Buy by Dividend Power
- How To Make $500 A Month In Dividends by Tom at Dividends Diversify
- 2 Safe Dividend Stocks for a Risky Market by Tom Hutchinson at Sure Dividend
- Intel Appears To Offer A Wide Margin Of Safety At Just 10x Earnings by Nicholas Ward at Seeking Alpha
- Brookfield Property Partners: Should Your Shares Be Running This Bumpy Ride? by The Dividend Guy at Seeking Alpha
- The Bank Of Nova Scotia: A Rare Opportunity For A Rock Solid 6.4% Yield by Steven Broderick at Seeking Alpha
- Realty Income Corp (O) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- Start Investing Now – A Beginner’s Model Portfolio by Dividend Earner
- Investing At 60 Vs. Investing At 20: Why It Should Be Different by Robert & Sam Kovacs at Seeking Alpha
Thanks for stopping by, have a nice next week!
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