Sunday, March 27, 2022

Week in Review 12/22



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:



March 21, 2022


  • € 18.02 – Dominion Energy Inc. (D)
  • € 28.69 – V.F. Corporation (VFC)
  • € 3.42 – Kontoor Brands, Inc. (KTB)
  • € 47.86 – Manulife Financial Corporation (MFC)


March 22, 2022


  • € 28.62 – Unilever PLC (UNA)


March 24, 2022


  • € 11.52 – QUALCOMM Incorporated (QCOM)
  • € 19.26 – The Home Depot, Inc. (HD)
  • € 20.68 – Raytheon Technologies Corporation (RTX)


March 25, 2022


  • € 37.71 – Lockheed Martin Corporation (LMT)


Week 12: Total net dividends € 215.78.


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



My Portfolio's Transactions:



March 21, 2022


  • I closed my 3M Company (MMM) position by selling 20 shares at $ 147.70 per share plus commission.


  • I opened a new position and purchased 70 shares of Power Corporation of Canada (TSE:PWO) at C$ 38.35 per share plus commission.


March 22, 2022


  • I opened a new position and purchased 10 shares of Medifast, Inc. (MED) at $ 182.58 per share plus commission.


March 23, 2022


  • I opened a new position and purchased 55 shares of STORE Capital Corporation (STOR) at $ 29.05 per share plus commission.



At today's exchange rate this week’s transactions will increase € 88.29 of my expected annual net dividend income.  After those acquisitions, POW’s weight of my portfolio is about 0.45% MED's about 0.21% and STOR's 0.20%. POW's share of future annual dividend income is approximately 0.39%, MED's 0.23% and STOR's 0.30%.



Portfolio Holdings News:



March 21, 2022


  • NCC AB (NCC) to construct a further 96 apartments in Älvsjöstaden; NCC has been commissioned by Familjebostäder to construct 96 rental apartments in Älvsjöstaden, in south Stockholm. This is the parties’ fourth joint project in the area. The project is a turnkey contract in partnering form with an order value of approximately SEK 200 million.


  • Lockheed Martin Corporation (LMT) has been awarded a $318.93M firm-fixed-price contract modification to previously awarded contract FA8682-21-C-0001 for the exercise of an option to add 308 Lot 20 Joint Air-to-Surface Standoff Missile – Extended Range missiles with containers.


March 22, 2022


  • Fortum Corporation (FORTUM) to sell its 50% ownership in Fortum Oslo Varme AS; FORTUM signed an agreement to sell its 50% ownership in the district heating company Fortum Oslo Varme AS in Norway to an investor consortium comprising Hafslund Eco, Infranode and HitecVision. The total consideration for Fortum’s share is approximately NOK 10 billion on a cash and debt free basis (approximately EUR 1 billion based on current currency rate) and as part of the transaction, Fortum will deconsolidate a related  NOK 2 billion loan from the City of Oslo.


  • NCC AB (NCC) to refurbish 383 rental apartments in Albertslund; NCC is continuing its refurbishment work in Albertslund, outside Copenhagen. On behalf of Vridsløselille Andelsboligforening, a part of BO-VEST, NCC is to refurbish and remodel 383 rental apartments in the district. The order is worth SEK 320 million.


March 23, 2022


  • NCC AB (NCC) to construct waterfront promenade in Lidköping; A waterfront promenade with a water park, squares and a pier with a bathing jetty are features of NCC’s new project in Lidköping. The project is one of several major urban development projects that are planned in Lidköping. The assignment has an order value of approximately SEK 200 million.


  • General Mills, Inc. (GIS) Reports Fiscal 2022 Third-Quarter Results; GIS reports Non-GAAP EPS of $0.84, a 2% increase from the prior year and $0.04 above estimates. Revenue grew 0.4% to $4.54 billion, but was $10 million below expectations. Management expects FY2022 organic net sales to increase approximately 5%, currency adjusted diluted EPS now expected to range between flat and up 2%.


March 24, 2022



  • Orion Office REIT Inc. (ONL) Announces Fourth Quarter 2021 Operating Results; ONL reports FFO of $0.38 per share, Core FFO of $0.47 per share. For FY 2022 the management expects Core FFO to range between $1.66-$1.74 per share; Net Debt to Adjusted EBITDA to range between 4.7x and 5.5x. ONL s Board of Directors declared a quarterly cash dividend of $0.10 per share for the first quarter of 2022, payable on April 15, 2022, to stockholders of record as of March 31, 2022.


March 25, 2022



  • AT&T Inc. (T) Announces Details for Completion of WM Spin-Off; On the closing date of the transaction, anticipated to be in April, T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in Warner Bros. Discovery (WBD) for each share of AT&T common stock. T board of directors also declared a second quarter dividend of $0.2775 per share on the company’s common stock payable May 2 for shareholders of record April 14.



Articles that caught my attention:





Thanks for stopping by, have a nice next week!


1 comment:

  1. what a great info this Sunday

    I hope to be able to enjoy this for a long time