Week in Review 47/23

 

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 21, 2023

• €14.49– WestRock Company (WRK)

November 24, 2023

• €15.44– Starbucks Corporation (SBUX)

Week 47: Total net dividends €29.93

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

Portfolio Holdings News:

November 20, 2023

• The Home Depot, Inc. (HD) Enters into Agreement to Acquire Construction Resources Parent Company, International Designs Group; HD has entered into a definitive agreement to acquire International Designs Group (IDG), a platform company that owns and operates Construction Resources and other design-oriented subsidiaries.

• McDonald's Corporation (MCD) to Acquire Carlyle’s Stake in McDonald’s China; MCD and global investment firm Carlyle (NASDAQ: CG) announced that McDonald’s has agreed to acquire Carlyle’s minority ownership stake in the strategic partnership that operates and manages McDonald’s business in mainland China, Hong Kong and Macau.

• LyondellBasell Industries N.V. (LYB) to Build Industrial-scale Advanced Recycling Plant in Germany; LYB announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site. The new plant is expected to have an annual capacity of 50,000 tonnes per year and is designed to recycle the amount of plastic packaging waste generated by over 1.2 million German citizens per year. Construction is planned to be completed by the end of 2025.

November 21, 2023

• Best Buy Co., Inc. (BBY) Reports Third Quarter Results; BBY reports Non-GAAP EPS of $1.29, beating analyst estimates by $0.09 but decreased 6.52% year-over-year. Revenue of $9.76 billion misses analyst estimates by $140 million and decreased 7.8% versus the same quarter last year. For FY24 Management guides revenue of $43.1 billion to $43.7 billion, which compares to prior guidance of $43.8 billion to $44.5 billion and Non-GAAP diluted EPS of $6.00 to $6.30, which compares to prior guidance of $6.00 to $6.40.

• Golar LNG Limited (GLNG) Reports Interim results for the period ended September 30, 2023; GLNG reports third quarter EPS of $0.48, 3.48% above from last year and $0.03 ahead of estimates. Revenue of $67.25 million beats analyst estimates by $1.89 million but decreased 1.7% versus the same quarter last year.

Articles that caught my attention:

• Undervalued Dividend Growth Stock of the Week: Microchip Technology (MCHP) by Jason Fieber at Daily Trade Alert
• Bears sound smart. Bulls make money on the Sunday Reads by Dale Roberts at Cut the Crap Investing
• With Significant Potential, L3Harris Remains My Favorite Deep Value Dividend Stock by Leo Nelissen at Seeking Alpha
• Walgreens: This Dog Of The Dow Will Have To Cut Their Dividend To Enable Growth by The Gaming Dividend at Seeking Alpha
• Pfizer Is A Fantastic Buy And So Are These 9%-Yielding Blue Chips by Dividend Sensei at Seeking Alpha
• My Take on 35 Stocks Puzzling Investors – Part 2 [Podcast] by DivGuy at The Dividend Guy Blog
• Agilent Forecasts Strong Cash Flow In FY2024 by Charles Fournier at Financial Freedom Is A Journey
• The Pros & Cons Of Dividend Stock Investing by Ethan Holden at Sure Dividend
• 3 Stocks to Buy for Thanksgiving 2023 by Bob Ciura at Dividend Power
• Buy These 2 High-Yielding Dividend Aristocrat Bargains This Black Friday by Kody's Dividends at Seeking Alpha
• How To Build A Dividend Portfolio Allocating $100,000 Among November's Top 20 Dividend Companies by Frederik Mueller at Seeking Alpha
• Build Your Dividend Portfolio by Dividend Monk
• Cincinnati Financial Corp. (CINF) Dividend Stock Analysis by D4L at Dividend Growth Stocks
• Potential dividend hikes from Canadian banks+ Good reads from the PF community by Bob at Tawcan
• 10 High-Yield Dividend Stocks Trading Below Book Value by Sure Dividend
• Why 6%-Yielding VICI Properties Is A Great REIT For Income And Growth by Leo Nelissen at Seeking Alpha

Thanks for stopping by, have a nice next week!

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