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 3, 2022
- € 22.09 – UGI Corporation (UGI)
- € 13.19 – Baxter International Inc. (BAX)
- € 49.22 – The Coca-Cola Company (KO)
- € 51.97 – Ares Capital Corporation (ARCC)
- € 71.03 – TELUS Corporation (TSE:T)
October 4, 2022
- € 11.36 – Kimberly-Clark Corporation (KMB)
October 5, 2022
- € 86.70 – PepsiCo, Inc. (PEP)
October 7, 2022
- € 305.45 – Neste Corporation (NESTE)
Week 40: Total net dividends € 611.01.
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
Portfolio Holdings News:
October 3, 2022
- Pfizer Inc. (PFE) Completes Acquisition of Biohaven Pharmaceuticals; PFE announced the completion of its acquisition of Biohaven Pharmaceutical Holding Company Ltd., the maker of NURTEC® ODT (rimegepant), an innovative migraine therapy approved for both acute treatment and prevention of episodic migraine in adults.
- Lockheed Martin Corporation (LMT) awarded an estimated aggregate ceiling of $5.1B for firm-fixed-price modifications to a previously awarded indefinite-delivery/indefinite-quantity contract.
- Algonquin Power & Utilities Corp. (AQN) Announces Inaugural Asset Recycling Transaction; AQN announced it has entered into an agreement to sell ownership interests in a portfolio of operating wind projects in the United States and Canada to InfraRed Capital Partners. AQN will sell a 49% interest in three operating wind facilities in the U.S. with a total of 551 MW of installed capacity and an 80% stake in a 175 MW operating wind facility in Canada.
October 4, 2022
- Duke Energy Corporation (DUK) outlines progress on clean energy transition; DUK provided an update on its strategy to meet customers’ need for affordable, reliable and increasingly clean energy. The company’s planned investment of $145 billion over the next 10 years for critical energy infrastructure is essential to meeting these customer needs and achieving net-zero carbon emissions by 2050 while also creating substantial economic benefits for the communities it serves.
- Realty Income Corporation (O) Prices $750 Million Offering of Senior Unsecured Notes; O announced the pricing of a public offering of $750 million of 5.625% senior unsecured notes due October 13, 2032. The public offering price for the Notes was 99.879% of the principal amount for an effective semi-annual yield to maturity of 5.641%.
- Royal Bank of Canada (RY) bolsters bank's healthcare offering with the acquisition of MDBilling.ca; RY announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians. The company joins Dr.Bill at RBC, another leading medical billing company acquired by the bank in 2020.
- TC Energy Corporation (TRP) to build its first solar energy project in Canada; TRP will begin pre-construction activities of the Saddlebrook Solar Project located near Aldersyde, Alberta. TC Energy is investing $146 million to build its first Canadian solar power project. It has the capacity to generate 81 megawatts, enough energy to power 20,000 homes annually. The initial construction includes installing solar panels on TC Energy property in the local industrial park.
October 5, 2022
- UPM-Kymmene Corporation (UPM) inaugurates its new deep sea pulp terminal in the Port of Montevideo; UPM inaugurates today its new pulp terminal in the port of Montevideo, Uruguay. This investment of approximately USD 280 million is a fundamental part of UPM’s USD 3.47 billion growth investment in Uruguay that includes a state-of-the-art pulp mill in Paso de los Toros, new eucalyptus tree nursery as well as local community investments in Paso de los Toros.
- Verizon Communications Inc. (VZ) lands $1.58B Task Order from Dept. of State to modernize U.S. embassies; VZ announced a new Enterprise Infrastructure Solutions (EIS) contract to modernize the global communications infrastructure and provide IT services for each of the Department of State’s (DOS) U.S. embassies, consulars, and other key locations around the globe. The contract, worth $1.58 billion over the next 10 years, includes implementation and management of network solutions for the Department’s non-domestic footprint, including Asia, Africa, the Middle East and South America.
- WestRock Company (WRK) to close Corrugated Medium Operations at St. Paul, Minnesota Facility; WRK announced it will permanently close the corrugated medium manufacturing operations at its St. Paul, Minnesota, recycled paper mill. The production of coated recycled board at this location will remain in operation.
- Canadian Utilities Limited (TSE:CU) an ATCO company to acquire solar energy portfolio; CU an ATCO company, announced it has entered into a definitive agreement with Suncor Energy Inc., to acquire a portfolio of wind and solar assets and projects located in Alberta and Ontario for a purchase price of $730 million, subject to closing adjustments. The transaction is expected to close in the first quarter of 2023 and is subject to regulatory approvals and other typical closing conditions.
October 6, 2022
- General Dynamics Corporation (GD) Awarded $533 Million for Virginia-Class Submarine Support; General Dynamics Electric Boat, a business unit of GD, announced it was awarded a U.S. Navy contract modification for lead-yard support, development studies and design efforts related to Virginia-class attack submarines. The contract modification has a value of $532.9 million. Work will be performed in Groton, Connecticut, and Newport News, Virginia, and is expected to be completed by October 2023.
- Air Products and Chemicals, Inc. (APD) to Invest About $500 Million to Build Green Hydrogen Production Facility in New York; APD announced plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York, as well as liquid hydrogen distribution and dispensing operations. The commercial operation of this facility is targeted to begin in 2026-2027.
- Medical Properties Trust, Inc. (MPW) Announces Agreement to Sell Connecticut Hospitals; MPW announced that it has entered into definitive agreements for the sale of three Connecticut hospitals to Prospect Medical Holdings, the current lessee. Separately, Yale New Haven Health has agreed to acquire the hospital operations from Prospect in a contemporaneous transaction. Terms of the agreements establish an aggregate sale price of approximately $457 million, the approximate amount MPT paid for the hospitals in August 2019; the Prospect lessees have since made timely payments of all rent required under the leases to MPT totaling approximately $104 million.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: Williams-Sonoma (WSM) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- October 2022 Stock Considerations by DivHut
- Learn why you should Buy This, Not That by Mark at My Own Advisor
- 5 Reasons Algonquin Power Stock Is Down 25% by Canadian Dividend Growth Investor at Seeking Alpha
- Realty Income: The Best Value In Years by Jonathan Weber at Seeking Alpha
- Triple Net Lease Meaning by Dividend Power
- 5 Sleep Well At Night High-Yield Blue Chips Perfect For This Crazy Market by Dividend Sensei at Seeking Alpha
- Cash-Rich Cisco Is A Buy by Dividend Power at Seeking Alpha
- 10 Revealing Dividend Investing Mistakes I Made as a Beginner by Tom at Dividends Diversify
- Cummins (CMI) Dividend Stock Analysis by Dividend Growth Investor
- Kimberly-Clark Co. (KMB) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- These 6 Dividend Stocks Just Boosted Their Payout, Again! by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- Dividend Kings In Focus: Federal Realty Investment Trust by Nate Parsh at Sure Dividend
- Yields Spike, Recent Management Comments on the Economy, and Thoughts on How Long the Bear Market Could Last by Simply Safe Dividends
- Lockheed Martin: Massive Dividend Boost With Growing Returns by Dhierin Bechai at Seeking Alpha
- 10 Dividend Growth Stocks For October 2022 by FerdiS at Seeking Alpha
Thanks for stopping by, have a nice next week!
No comments:
Post a Comment