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:
September 6, 2021
- € 27.03 – Magna International Inc. (MGA)
September 7, 2021
- € 61.17 – Pfizer Inc. (PFE)
- € 40.01 – Johnson & Johnson (JNJ)
September 9, 2021
- € 19.83 – Archer-Daniels-Midland Company (ADM)
September 10, 2021
- € 41.62 – United Parcel Service, Inc. (UPS)
- € 19.11 – Emerson Electric Co. (EMR)
- € 19.13 – Raytheon Technologies Corporation (RTX)
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
September 9, 2021
- I purchased 40 shares of Verizon Communications Inc. (VZ) at $ 54.85 per share plus commission.
At today's exchange rate that purchase 40 shares of VZ will increase € 64.57 of my expected annual net dividend income. My overall cost basis of this position decreases from $ 56.58 to $ 56.09 per share. I totally hold now 130 shares of Verizon and my yield on cost is 4.56%. After this acquisition, VZ’s weight of my portfolio is about 0.90% and its share of future annual dividend income is approximately 1.24%.
Portfolio Holdings News:
September 7, 2021
- Neste Corporation (NESTE) to acquire US based Agri Trading; NESTE has agreed to acquire 100% of Agri Trading, one of the largest independent renewable waste and residue fat and oil traders in the United States, and its affiliate entities. The transaction is subject to the completion of customary closing conditions and regulatory approval.
- Tele2 AB (TEL2) and Deutsche Telekom divest T-Mobile Netherlands; TEL2 and Deutsche Telekom have agreed to sell T-Mobile Netherlands to funds advised by Apax Partners LLP and Warburg Pincus LLC for an enterprise value of EUR 5.1 billion. The TEL2 Board of Directors intends to propose an extraordinary dividend of at least SEK 11 per share, pending closing of the transaction and the receival of cash proceeds.
- UGI Corporation (UGI) and Global Common Energy Add a Second Renewable Natural Gas Project in Upstate New York; Cayuga RNG Holdings, LLC (“Cayuga RNG”) announced today that it has entered into an agreement to develop its second project to produce renewable natural gas (“RNG”) in upstate New York. This is in addition to the previously announced Spruce Haven Farm initiative. Cayuga RNG is a joint venture of UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), and Global Common Energy, LLC (“GCE”).
- Main Street Capital Corporation (MAIN) Announces Follow-On Investments; MAIN is pleased to announce that it recently invested a total of $26.0 million in first lien, senior secured term debt in two existing portfolio companies.
- Enbridge Inc. (ENB) Advances U.S. Gulf Coast Strategy with Acquisition of North America's Premier Crude Export Facility; ENB announced that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC (Moda) for U.S. $3.0 billion in cash, subject to closing adjustments.
September 8, 2021
- Archer-Daniels-Midland Company (ADM) Significantly Expands Pet Treat and Supplement Capabilities; ADM announced that it has reached an agreement to acquire a 75% ownership stake in PetDine, Pedigree Ovens, The Pound Bakery and NutraDine (P4 Companies), premier providers of private label pet treats and supplements. The transaction values the four enterprises in their entirety at approximately $600 million, and ADM will acquire 75% of the equity, subject to customary adjustments.
- Liberty and JPMorgan Chase collaborate on 108 MW wind project in Illinois; Liberty, a part of Algonquin Power & Utilities Corp. (AQN), announced today its collaboration with JPMorgan Chase (JPM) on the 108 MW Shady Oaks II wind project that is expected to bring almost 350,000 MWh of clean energy to the U.S. grid per year. JPMorgan Chase will purchase approximately 70% of the wind farm’s energy output, which will serve as the largest contribution to date toward JPMorgan Chase’s 100% renewable energy commitment, supplying the equivalent of about 14 percent of its global power needs.
September 10, 2021
- United Parcel Service, Inc. (UPS) enters into agreement to acquire Roadie; UPS entered into an agreement today to acquire Roadie, a technology platform that enables local same-day delivery with operations throughout the U.S. The companies are not disclosing the value of the transaction. The transaction is expected to close in the fourth quarter of 2021.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: Merck & Co. (MRK) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- Monthly Review Of DivGro: August 2021 by FerdiS at DivGro
- Best Canadian Dividend Stocks for 2021 -My top 10 by Bob at Tawcan
- 3 Reasons Not To Buy Coca-Cola by Samuel Smith at Seeking Alpha
- 7 Reasons Raytheon Is One Of The Best Dividend Aristocrats You Can Buy Today by Dividend Sensei at Seeking Alpha
- Exxon Mobil Stock: Retail Investors Are Coming Back by Michael Boyd at Seeking Alpha
- Johnson & Johnson – JNJ ‘AAA’ Dividend Safety by Charles Fournier at Dividend Power
- Why would anyone own bonds now? by Mark at My Own Advisor
- How to Beat the Market, and Is It Relevant? [Podcast] by DivGuy at The Dividend Guy Blog
- Tractor Supply Company (TSCO) Dividend Stock Analysis by Dividend Growth Investor
- Percentage Of Income Saved In August 2021 – 36% by Graham at Reverse the Crush
- Johnson & Johnson (JNJ) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- Top 5 Dividend Growth Stocks to Buy Now — September 2021 Edition by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- Kinder Morgan Vs. Enbridge: Comparing 2 Natural Gas Titans by High Yield Investor at Seeking Alpha
Thanks for stopping by, have a nice next week!
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