Sunday, November 19, 2023

Week in Review 46/23


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:

November 13, 2023

  • €36.68– General Dynamics Corporation (GD)
  • €18.21– Air Products and Chemicals, Inc. (APD)
  • €27.37– Global X SuperDividend ETF (SDIV)

November 14, 2023

  • €18.10– Texas Instruments Incorporated (TXN)
  • €46.53– ONEOK, Inc. (OKE)
  • €8.35– Metro Inc. (TSE:MRU)

November 15, 2023

  • €49.10– Kinder Morgan, Inc. (KMI)
  • €16.35– The Procter & Gamble Company (PG)
  • €81.32– AbbVie Inc. (ABBV)
  • €20.85– Ally Financial Inc. (ALLY)
  • €25.02– Main Street Capital (MAIN)
  • €86.16– Omega Healthcare Investors, Inc. (OHI)
  • €29.89– Realty Income Corporation (O)
  • €50.13– Emera Incorporated (TSE:EMA)

November 17, 2023

  • €49.81– Unum Group (UNM)

Week 46: Total net dividends €563.87

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

Portfolio Holdings News:

November 13, 2023

  • General Dynamics Corporation (GD) Awarded $2.5 Billion IDIQ Contract; General Dynamics Information Technology (GDIT), a business unit of GD, announced today that it was awarded a $2.5 billion indefinite delivery, indefinite-quantity (IDIQ) contract by the Indian Health Service (IHS) to modernize its electronic health record (EHR) system. The 10-year contract has a five-year base period with five option years.

November 14, 2023

  • The Home Depot, Inc. (HD) Announces Third Quarter Fiscal 2023 Results; HD reports third quarter GAAP EPS of $3.81, 10.1% below last year's result but $0.05 more than expected. Revenue of $37.7 billion beats analyst estimates by $70 million but decreased 3.0% versus the same quarter last year. For fiscal 2023 Management guides sales and comparable sales to decline between 3% and 4% compared to fiscal 2022 and diluted earnings-per-share-percent-decline between 9% and 11% compared to fiscal 2022.

November 15, 2023

  • Cisco Systems, Inc. (CSCO) Reports First Quarter Earnings; CSCO reports first quarter Non-GAAP EPS of $1.11, 29% above from last year and $0.08 ahead of estimates. Revenue grew 7.6% to $14.67 billion, topping estimates $40 million. For FY 2024 Management guides revenue of $53.8 billion to $55.0 billion and GAAP EPS of $2.97 to $3.08, Non-GAAP EPS of $3.87 to $3.93.

  • Target Corporation (TGT) Reports Third Quarter Earnings; TGT reports Non-GAAP EPS of $2.10, beating analyst estimates by $0.62 and increased 36% year-over-year. Revenue of $25.4 billion beats analyst estimates by $160 million but decreased 4.2% versus the same quarter last year. For the fourth quarter Management guides comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.90 to $2.60.

  • Lockheed Martin Corporation (LMT) has secured $100.89 million modification to contract W31P4Q-23-C-0014 for HIMARS/MLRS fire control systems and launcher-loader module logistics support.

  • Metro Inc. (MRU:TSE) Reports 2023 Fourth Quarter Results; MRU reports Non-GAAP EPS of $0.99, missing analyst estimates by C$0.08 but increased 7.6% year-over-year. Revenue rose 14.4% to C$5.07 billion from a year ago, topping estimates $1.39 billion. Management forecasting operating income before depreciation and amortization and impairments of assets, net of reversals to grow by less than 2% in Fiscal 2024 versus the level reported in Fiscal 2023, and adjusted net earnings per share to be flat to down $0.10 in Fiscal 2024 versus the level reported in Fiscal 2023.

  • Enbridge Inc. (ENB) to Expand Partnership with EDF Renewables; ENB announced that it has signed a definitive agreement to participate in the construction and operation of the Fox Squirrel solar project in Ohio, through a 50% interest in a joint venture with EDF Renewables. ENB plans to invest US$149M in the first phase of the project that is expected to generate 150 MW of solar energy and enter service by year-end.

November 16, 2023

  • UGI Corporation (UGI) Reports Fiscal 2023 Results; UGI reports fiscal year Non-GAAP EPS of $2.84, 2.07% below last year's result but $0.09 more than expected. Revenue of $8.93 billion misses analyst estimates by $610 million and decreased 11.7 versus last year. Management guides fiscal 2024 adjusted diluted EPS range of $2.70 to $3.00.

November 17, 2023

  • NCC AB (NCC) builds new treatment plant in Österåker, Sweden; NCC has been contracted by Roslagsvatten to build a new treatment plant in Österåker to secure wastewater treatment for Österåker Municipality and the City of Vaxholm. The work will be carried out as a turnkey contract and the order value is approximately SEK 1.2 billion.

Articles that caught my attention:

Thanks for stopping by, have a nice next week!

1 comment:

  1. A shining example! Your post is both insightful and eloquently presented. Appreciate you sharing your valuable perspective.