Week in Review 32/21

 

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 9, 2021

 

• € 9.41 – Air Products and Chemicals, Inc. (APD)

 

August 12, 2021

 

• € 32.10 – Global X SuperDividend ETF (SDIV)

 

August 13, 2021

 

• € 156.84 – Omega Healthcare Investors, Inc. (OHI)
• € 11.90 – Realty Income Corporation (O)

 

 

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

 

 

Portfolio Holdings News:

 

 

August 9, 2021

 

• Viatris Inc. (VTRS) Reports Second Quarter Results; VTRS reports second quarter adjusted EPS of $0.98, an 121% increase year-over-year and $0.10 ahead of estimates. Revenue grew 67.8% to $4.58 billion, topping estimates by $180 million.

 

• Philip Morris International Inc. (PM) Acquires Inhaled Drug Specialist OtiTopic; PM announced its acquisition of OtiTopic, a U.S. respiratory drug development company with a late-stage inhalable acetylsalicylic acid (ASA) treatment for acute myocardial infarction. If approved, the treatment can address the significant unmet medical need of the over 83 million people, in the U.S. alone, at intermediate to high risk for myocardial infarction.

 

• Air Products and Chemicals, Inc. (APD) Reports Fiscal 2021 Third Quarter Results; APD reports GAAP EPS of $2.36, increasing 17% year-over-year and in line with estimates. Revenue of $2.6 billion beats analyst estimates by $130 million and increases 25.6% versus the same quarter last year.

 

• Nutrien Ltd. (NTR) Reports Second Quarter 2021 Results; NTR reports second quarter GAAP EPS of $1.94, 44.8% higher than the prior year but $0.16 lower than expected. Revenue increased 15.9% to $9.76 billion, $110 million better than expected.

 

 

August 11, 2021

 

• Ahold Delhaize N.V. (AD.AS) reports Q2 results; AD reports second quarter EPS of €0.53, 12% lower than the previous year. Net sales fell to €18.6 billion from €19.1 billion but topped estimates by €740 million. Declared 2021 interim dividend of €0.43 compared to 2020 interim dividend of €0.50.

 

• T. Rowe Price Group, Inc. (TROW) Reports Preliminary Month-End Assets Under Management for July 2021; TROW reports preliminary assets under management of $1.64T as of July 31, 2021 rises from $1.62T in the prior month.

 

• Lazard Ltd (LAZ) Reports July 2021 Assets Under Management; LAZ  reports prelim AUM of ~$278.4B as of July 31 compared to $277.4B as of June 30.

 

• Emera Incorporated (EMA) Reports 2021 Second Quarter Financial Results; EMA reports net loss of C$17 million, or C$(0.07) per common share, compared with net income of C$58 million, or C$0.24 per common share, in Q2 2020. Revenue fell 2.7% to C$1.137 billion.

 

August 12, 2021

 

• Flowers Foods, Inc. (FLO) Reports Second Quarter 2021 Results; FLO reports second quarter Non-GAAP EPS of $0.32, 3.13% lower than the prior year but $0.04 above estimates. Revenue declined 1% to $1.02 billion, but topping estimates $10 million.

 

• Air Products and Chemicals, Inc. (APD) launches hydrogen fueling demonstration project in China; APD announced it has commissioned its first hydrogen fueling station in Shandong Province for fueling buses and trucks to support China’s “Hydrogen into Ten Thousand Homes” demonstration project and green transportation. The company has accelerated several hydrogen production and application projects in the province in support of this national project.

 

• Realty Income Corporation (O) and VEREIT® Stockholders Approve Merger; O and VER announced that Realty Income stockholders and VEREIT stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire VEREIT. Under the terms of the merger agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own immediately prior to the effective time of the merger.

 

• Algonquin Power & Utilities Corp. (AQN) Announces 2021 Second Quarter Financial Results; AQN reports Non-GAAP EPS of $0.15, beating analyst estimates by $0.02 and increasing 67% year-over-year. Revenue of $527.5 million beats analyst estimates by $64.29 million and increases 53.5% versus the same quarter last year.

 

August 13, 2021

 

• Kesko Corporation’s (KESKO) sales grew in July; KESKO Group's sales totalled €954.6 million in July 2021, representing an increase of 8.3% on the previous year. In comparable terms, sales grew by 6.2%.

 

• Cisco Systems, Inc. (CSCO) to acquire Epsagon for $500 million; Epsagon allows to monitor and troubleshoot issues in microservice environments. It's designed to make Dev and Ops teams more efficient by identifying problems, correlating data, and finding root causes.

 

• Raytheon Technologies Corporation (RTX) won a $960M indefinite-delivery/indefinite-quantity (IDIQ) contract from the US Department of Defense.

 

 

Articles that caught my attention:

 

 

• Undervalued Dividend Growth Stock of the Week: Air Products & Chemicals (APD) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
• Bayer trading at a decade low – Is it an opportunity to buy or should we stay away? by European Dividend Growth Investor
• Medtronic: A Fully Valued Dividend Champion by Passive Income Pursuit at Seeking Alpha
• AbbVie: An Undervalued 4.52% Dividend Machine With A Huge Pipeline Of Possibilities by Steven Fiorillo at Seeking Alpha
• Crown Castle Vs. American Tower: Which REIT Is A Better Buy? by Chuck Walston at Seeking Alpha
• When to Sell a Dividend Stock? by Dividend Power
• Viatris – Stock Analysis by Financial Freedom Is A Journey
• I Just Trimmed Microsoft (MSFT) and Replaced It with These Two Names by David Van Knapp at Daily Trade Alert
• Lockheed Martin: Dividend Increase Coming Next Month In Solid Defense Business by William Stamm at Seeking Alpha
• Top 5 Canadian Dividend Stocks to Hold Forever [Podcast] by DivGuy at The Dividend Guy Blog
• 101 Financial Ratios & Metrics To Improve Your Investing Skills by Bob Ciura at Sure Dividend
• How To Invest With 1000 Dollars (Diversification + High Returns) by Graham at Reverse the Crush
• T. Rowe Price Group Inc. (TROW) Dividend Stock Analysis by D4L at Dividend Growth Stocks
• ADP Stock Analysis & Review Of The ADP Dividend by Tom at Dividends Diversify

 

 

Thanks for stopping by, have a nice next week!