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 6, 2023
- €8.54 – Metro Inc. (TSE:MRU)
March 7, 2023
- €47.90 – Johnson & Johnson (JNJ)
March 9, 2023
- €14.86 – Amgen Inc. (AMGN)
- €26.94 – Archer-Daniels-Midland Company (ADM)
Week 10: Total net dividends €98.24
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
March 8, 2023
- I purchased 15 shares of The Procter & Gamble Company (PG) at $137.25 per share plus commission.
Portfolio Holdings News:
March 6, 2023
- Altria Group, Inc. (MO) Exchanges Minority Stake in JUUL Labs; MO announces that we have exchanged our entire minority economic investment in JUUL Labs, Inc. for a non-exclusive, irrevocable global license to certain of JUUL’s heated tobacco intellectual property (Agreement).
- Altria Group, Inc. (MO) Announces Definitive Agreement to Acquire NJOY Holdings, Inc.; MO announces that we have entered into a definitive agreement to acquire NJOY Holdings, Inc. (NJOY) for approximately $2.75 billion in cash payable at closing (Transaction). The Transaction terms include additional $500 million in cash payments that are contingent upon regulatory outcomes with respect to certain NJOY products.
- Lockheed Martin was awarded $214.5M Navy contract.
- Raytheon Technologies Corporation's (RTX) Pratt & Whitney Awarded F135 Production Contract for Lots 15-17; Pratt & Whitney, RTX business, announced today that it has been awarded a $5.2 billion contract to support production of the 15th and 16th lots of F135 engines, with an option to award a 17th Lot, powering all three variants of the F-35 Lightning II fighter aircraft.
- Realty Income Corporation (O) Announces $1.5 Billion Sale-Leaseback of Convenience Store Properties from EG Group; O announced that it has signed a definitive agreement to acquire up to 415 single-tenant convenience store properties located in the U.S. from EG Group, a leading independent convenience retailer based in the United Kingdom. The portfolio is expected to be acquired at an estimated cap rate of approximately 6.9% and have a 20-year weighted average initial lease term. The transaction is expected to close in the second quarter of 2023, subject to customary closing conditions, approvals, and completion of due diligence.
March 7, 2023
- Pembina Pipeline Corporation (TSE:PPL) Announces Renewal of Share Repurchase Program; PPL announced that the Toronto Stock Exchange (the "TSX") has approved the renewal of Pembina's normal course issuer bid (the "NCIB") to purchase up to five percent of its issued and outstanding common shares. PPL is permitted to repurchase up to 27.5M shares as part of the program, which will expiring on the earlier of March 9, 2024.
March 8, 2023
- QUALCOMM Incorporated (QCOM) Increases Quarterly Dividend; QCOM announced that its Board of Directors has approved a 7 percent increase in the Company’s quarterly cash dividend. The quarterly cash dividend will increase from $0.75 to $0.80 per share of common stock and will be effective for quarterly dividends payable after March 23, 2023.
- Duke Energy Corporation (DUK) begins operation of its largest solar plant; DUK has started operations at its largest solar power plant ever, the 250 MW Pisgah Ridge Solar project in Navarro County, Texas. Three companies have purchased output for the project under 15-year virtual power purchase agreements.
- General Dynamics Corporation (GD) Increases Quarterly Dividend; The board of directors of GD declared a regular quarterly dividend of $1.32 per share on the company’s common stock, payable May 12, 2023, to shareholders of record on April 14, 2023. This is the 26th consecutive annual dividend increase authorized by the General Dynamics board, and represents a 4.8% increase over last year’s dividend.
- Orion Office REIT Inc. (ONL) Announces Fourth Quarter and Full Year 2022 Results; ONL reports FFO of $0.41, beating analyst estimates by $0.01. Revenue increased 38.2% to $50.29 million, which was $0.39 million below of expectations. For FY23 Management guides Core FFO per share $1.55-$1.63.
March 9, 2023
- W. P. Carey Inc. (WPC) Increases Quarterly Dividend; WPC reported that its Board of Directors increased its quarterly cash dividend to $1.067 per share, 0.2% increase from prior dividend of $1.065, equivalent to an annualized dividend rate of $4.27 per share. The dividend is payable on April 14, 2023 to stockholders of record as of March 31, 2023.
March 10, 2023
- T. Rowe Price Group, Inc. (TROW) Reports Preliminary Month-End Assets Under Management For February 2023; TROW reported preliminary month-end assets under management of $1.31 trillion as of February 28, 2023. Preliminary net outflows for February 2023 were $5.9 billion.
- LyondellBasell Industries N.V. (LYB) and Grenergy Sign Five 15-year Solar Power Purchase Agreements; LYB and Grenergy signed five long-term solar power purchase agreements (PPAs). Under the 15-year contracts, the Spanish renewable energy producer will supply solar energy from the La Cereal solar farm project, which is expected to be operational at the end of 2025. The agreements represent about 329,000 megawatt-hours (MWh) of solar power annually, equivalent to the annual electricity consumption of more than 90,000 European homes.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: American Tower (AMT) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- Should I consider investing in Disney? by Bob at Tawcan
- Better High-Yield Midstream Buy: Kinder Morgan Or Enbridge? by High Yield Investor at Seeking Alpha
- 5 Dividend Gems To Make Your Portfolio Inflation-Resistant by Leo Nelissen at Seeking Alpha
- Are Monthly Dividends Better than Quarterly? (In 2 Cases) by Tom at Dividends Diversify
- 10 Dividend Stocks to Buy with Your Tax Refund in 2023 by Prakash Kolli at Dividend Power
- Earnings Season Review: Best Opportunities and Worst News [Podcast] by DivGuy at The Dividend Guy Blog
- Defensive Sectors Were Twice As Good As A Balanced Portfolio Through The Financial Crisis by Dale Roberts at Seeking Alpha
- 3 Legendary Dividend Blue Chips Perfect For A Recession by Dividend Sensei at Seeking Alpha
- It's Hard To Beat A Cell Tower REIT by Brad Thomas at Seeking Alpha
- Can Dividends Make You Rich? | How To Get Rich Off Dividends by Dividend Growth Investor at Sure Dividend
- 5 High-Quality Dividend Growth Stocks to Hold “Forever” by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- Verizon Yields 6.82% And Has Strong Upside Potential by Steven Fiorillo at Seeking Alpha
- BlackRock Added To The FFJ Portfolio by Charles Fournier at Financial Freedom Is A Journey
- Cisco Systems, Inc. (CSCO) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- Dividend Stock Watch List: Lanny’s March 2023 Edition by Lanny at Dividend Diplomats
Thanks for stopping by, have a nice next week!
No comments:
Post a Comment