Week in Review 40/21

 

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:

 

 

October 4, 2021

 

• € 9.48 – Kimberly-Clark Corporation (KMB)
• € 40.40 – The Coca-Cola Company (KO)
• € 61.20 – TELUS Corporation (TSE:T)

 

October 8, 2021

 

• € 49.78 – Tele2 AB (TEL2)

 

 

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

 

 

Portfolio Holdings News:

 

 

October 4, 2021

 

• Neste Corporation (NESTE) to sell its base oils business to Chevron; NESTE has signed an agreement to sell its existing base oils business to Chevron Corporation. The agreement covers a combination of share and asset deals forming Neste's entire global base oils business. As part of the divestment, the parties have also agreed on a long-term offtake for Neste’s base oils supply from Porvoo, Finland. With the same date, Neste has signed an agreement to exit its base oils joint venture with Bahrain Petroleum Company and Nogaholding.

 

• Qualcomm Incorporated (QCOM) and SSW Partners Reach Definitive Agreement to Acquire Veoneer; QCOM and SSW Partners, a New York-based investment partnership ("SSW Partners"), today announced they have reached a definitive agreement to acquire Veoneer, Inc. (NYSE: VNE; SSE: VNE SDB) for $37.00 per share in an all-cash transaction, representing a total equity value for Veoneer of $4.5 billion.

 

• The Kraft Heinz Company (KHC) Completes Purchase of Assan Foods; KHC announced that it has completed the purchase of Assan Foods from privately held Turkish conglomerate Kibar Holding. The proposed deal was first announced on June 11, 2021.

 

• Magna International Inc. (MGA) Announces Termination of Merger Agreement With Veoneer; MGA announced that the board of directors of Veoneer, Inc. has determined that the previously announced proposal by Qualcomm Incorporated to acquire Veoneer for $37 per share is a superior proposal under the terms of the previously announced merger agreement between Magna and Veoneer, and that Magna has waived the four-day matching period to make a counterproposal. Accordingly, Veoneer has terminated its merger agreement with Magna and entered into a merger agreement with Qualcomm.

 

October 5, 2021

 

• Dominion Energy, Inc. (D) Announces Agreement to Sell Questar Pipelines; D announced execution of a definitive agreement to sell Questar Pipelines to Southwest Gas Holdings Inc. (NYSE: SWX), in a transaction valued at $1.975 billion, including the assumption of $430 million of existing indebtedness. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory approvals.

 

• PepsiCo, Inc. (PEP) Reports Third-Quarter 2021 Results; PEP reports Non-GAAP EPS of $1.79, beating analyst estimates by $0.6 and increasing 5.5% year-over-year.  Revenue of $20.19 billion beats analyst estimates by $800 million and increases 11.6% versus the same quarter last year.

 

October 7, 2021

 

• TC Energy Corporation (TRP) and Nikola Sign Joint Development Agreement for Co-Development of Large-Scale Clean Hydrogen Hubs; Nikola Corporation (Nasdaq: NKLA), (Nikola), a global leader in zero-emissions transportation and energy infrastructure solutions, and TRP a leading North American energy infrastructure company, have agreed to collaborate on co-developing, constructing, operating and owning large-scale hydrogen production facilities (hubs) in the United States and Canada.

 

 

Articles that caught my attention:

 

 

 

• Undervalued Dividend Growth Stock of the Week: VF Corp. (VFC) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
• Dividend Increases Expected in October 2021 by Bert at Dividend Diplomats
• Don’t be ordinary be extraordinary by Bob at Tawcan
• 3 Reasons Viatris Is The Ultimate High-Yield Buffett-Style 'Fat Pitch' by Dividend Sensei at Seeking Alpha
• Top 6 Electric Utility Stocks to Supercharge your Income by Derek at Engineer My Freedom
• Dividend Stock Watch List: Lanny’s October 2021 Edition by Lanny at Dividend Diplomats
• McCormick: Year-Long Pullback Finally Has Shares Looking Attractive by Passive Income Pursuit at Seeking Alpha
• Buy Alert: 5 No-Brainer Energy Dividend Stocks To Profit From Rising Oil Prices by Robert & Sam Kovacs at Seeking Alpha
• Consolidated Edison Is A Dividend Aristocrat That Long-Term Investors Should Buy Now by RadaEcoWatch at Seeking Alpha
• Enbridge or Pembina Pipeline? Which Canadian Stock is Best by Dan Kent at Stocktrades
• Microsoft Corporation (MSFT) Dividend Stock Analysis by D4L at Dividend Growth Stocks
• The 3 Best High-Yield Opportunities Today by Samuel Smith at Seeking Alpha
• 7 Best Utilities Sector Dividend Stocks by FerdiS, DivGro at TheStreet.com

 

 

Thanks for stopping by, have a nice next week!

 

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