Sunday, August 8, 2021

Week in Review 31/21


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 2, 2021


  • € 114.02 – AT&T Inc. (T)
  • € 35.38 – Verizon Communications Inc. (VZ)
  • € 22.36 – General Mills, Inc. (GIS)
  • € 15.35 – Bristol-Myers Squibb Company (BMY)
  • € 36.12 – CVS Health Corporation (CVS)
  • € 20.75 – Edison International (EIX)
  • € 71.23 – The Toronto-Dominion Bank (TD)
  • € 43.69 – TC Energy Corporation (TRP)


August 6, 2021


  • € 29.77 – General Dynamics Corporation (GD)



Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.



My Portfolio's Transactions:



August 4, 2021


  • I purchased 5 shares of Lockheed Martin Corporation (LMT) at $ 362.38 per share plus commission.


At today's exchange rate that purchase 5 shares of LMT will increase € 32.73 of my expected annual net dividend income. My overall cost basis of this position increases from $ 335.07 to $ 342.20 per share. I totally hold now 20 shares of LMT and my yield on cost is 3.04%. After this acquisition, LMT’s weight of my portfolio is about 0.92% and its share of future annual dividend income is approximately 0.78%.


  • I purchased 100 shares of Manulife Financial Corporation (MFC) at CA$ 23.85 per share plus commission.


At today's exchange rate that purchase 100 shares of MFC will increase € 56.31 of my expected annual net dividend income. My overall cost basis of this position increases from CA$ 18.57 to CA$ 20.64 per share. I totally hold now 270 shares of MFC and my yield on cost is 5.43%. After this acquisition, MFC’s weight of my portfolio is about 0.66% and its share of future annual dividend income is approximately 0.91%.


These two purchases will increase my portfolio's projected annual net dividend income to € 16,755.00.



Portfolio Holdings News:



August 2, 2021


  • AT&T Inc. (T) & TPG Close DIRECTV Transaction; T and TPG Capital, the private equity platform of global alternative asset firm TPG, announced that they have closed their transaction establishing a new company named DIRECTV. T received $7.1 billion in cash ($7.6 billion net of approximately $470 million cash on hand) and transferred approximately $195 million of video business debt.



  • Cardinal Health, Inc. (CAH) completes sale of Cordis business; CAH and Hellman & Friedman (H&F) announced today the completion of the previously announced sale of Cardinal Health's Cordis business to H&F. The sale price of approximately $1 billion includes the buyer's assumption of certain liabilities and the seller's retention of certain working capital accounts.






August 3, 2021


  • Sampo plc (SAMPO) results for January – June 2021; SAMPO reports EPS of €0.99, compared with a second-quarter 2020 EPS of €0.55 and €0.06 higher than expected. Profit before taxes of €710 million beats analyst estimates by €55 million and increases 74% versus the same quarter last year.






  • Lockheed Martin Corporation (LMT) Reduces Gross Pension Obligation By $4.9 Billion; LMT announced it has purchased group annuity contracts from Athene Holding Ltd. (NYSE: ATH)  to transfer approximately $4.9 billion of Lockheed Martin's pension obligations and related plan assets for approximately 18,000 U.S. retirees and beneficiaries to Athene. In connection with this transaction, the company expects to recognize a non-cash, non-operating settlement charge of approximately $1.7 billion ($1.3 billion, or $4.75 per share, after tax) in the third quarter of 2021.




  • Unum Group (UNM) Reports Second Quarter 2021 Results; UNM reports second quarter of fiscal 2021 adjusted earnings per share of $1.39 exceeds the analyst consensus of $1.12 and increased from $1.23 in the year-ago quarter. Second quarter total revenue of $2.99B beats the consensus estimate of $2.96B and declines from $3.02B in the year-ago quarter.



August 4, 2021









August 5, 2021


  • QUALCOMM Incorporated (QCOM) Offers to Acquire Veoneer for $37 per Share in Cash; QCOM announced it has submitted an offer to acquire Veoneer for $37 per share, in an all-cash transaction. Our offer has been approved by Qualcomm's Board of Directors, does not require Qualcomm stockholder approval, and has no financing conditions. Offer represents an 18% premium to the Magna International Inc. (MGA) offer to acquire Veoneer.












  • BCE Inc. (BCE) reports second quarter 2021 results; BCE reports Non-GAAP EPS of C$0.83, beating analyst estimates by C$0.05 and increasing 31.7% year-over-year. Revenue of C$5.7 billion, missing estimates by C$60 million, but increases 6.5% versus the same quarter last year.




August 6, 2021



  • Illinois Tool Works Inc. (ITW) Approves Dividend Rate Increase; The Board of Directors of ITW authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.08 per share – or $0.32 per share annually – versus the current dividend rate. The dividend will be paid on Thursday, October 14, 2021, to shareholders of record as of September 30, 2021.




Articles that caught my attention:





Thanks for stopping by, have a nice next week!


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