Sunday, January 14, 2024

Week in Review 2/24


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:

January 8 2024

  • €86.03– PepsiCo, Inc. (PEP)
  • €26.81– Global X SuperDividend™ ETF (SDIV)

January 9, 2024

  • €116.41– Altria Group, Inc. (MO)
  • €75.03– Philip Morris International Inc. (PM)
  • €19.05– Illinois Tool Works Inc. (ITW)
  • €25.41– Medical Properties Trust, Inc. (MPW)

Week 2: Total net dividends €348.74

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

My Portfolio's Transactions:

January 9, 2024

  • I purchased 25shares of NextEra Energy, Inc. (NEE) at $62.43 per share plus commission.

At today's exchange rate, that purchase 25 shares of NextEra Energy will increase €31.77 of my expected annual net dividend income. Following this acquisition, the portfolio now contains a total of 70 NextEra Energy shares at an average purchase price of $65.09 and yield on cost is 2.87%. After this acquisition, NEE ’s weight of my portfolio is about 0.59% and its share of future annual dividend income is approximately 0.41%.

January 11, 2024

  • I opened a new position and purchased 20 shares of Eversource Energy (ES) at $56.75 per share plus commission.

At today's exchange rate, that purchase 20 shares of Eversource will increase €36.69 of my expected annual net dividend income. With purchase price $56.75 plus commission ($5.48) my starting yield on cost is 4.73%. After this acquisition, ES’s weight of my portfolio is about 0.16% and its share of future annual dividend income is approximately 0.17%.

Portfolio Holdings News:

January 8, 2024

  • Eversource Energy (ES) Announces Fourth Quarter 2023 Impairment; ES saying it expects to record after-tax impairment charges of $1.4B-$1.6B in Q4 on rising costs related to its 50% ownership interest in the South Fork Wind, Revolution Wind and Sunrise Wind projects. ES said also it is in "advanced, exclusive negotiations" with a buyer, which it calls "a leading global private infrastructure investor," to sell its ownership interest in the three projects.

  • Johnson & Johnson (JNJ) to Acquire Ambrx; JNJ announced that it has entered into a definitive agreement to acquire Ambrx Biopharma, Inc., or Ambrx (NASDAQ: AMAM), a clinical-stage biopharmaceutical company with a proprietary synthetic biology technology platform to design and develop next-generation antibody drug conjugates (ADCs), in an all-cash merger transaction for a total equity value of approximately $2.0 billion, or $1.9 billion net of estimated cash acquired.

  • Lockheed Martin Corporation (LMT) was awarded a $312M cost-plus-incentive-fee modification to a previously awarded, indefinite-delivery/indefinite-quantity contract.

January 9, 2024

  • Lockheed Martin Corporation (LMT) was awarded a $101.51M cost-plus-incentive-fee and cost-plus-fixed-fee contract for AEGIS development and test sites operation and maintenance.

January 10, 2024

  • General Dynamics Corporation's NASSCO unit has secured a not-to-exceed $438.52 million cost-plus-fixed-fee modification to a previously awarded undefinitized contract action for the maintenance, modernization, and repair of USS Chung-Hoon and USS James E. Williams (DDG 95) fiscal 2024 Depot Maintenance Period availabilities. GD's Information Technology unit has secured a $170.80 million task order for Air Force Civil Engineer Center Control System cybersecurity services.

  • W. P. Carey Inc. (WPC) Announces 2023 Investment Volume of $1.3 Billion; WPC announced investment volume for the 2023 full year of approximately $1.3 billion, including investments totaling approximately $320 million completed during the fourth quarter. From a geographic perspective, approximately 80% of its 2023 volume was in North America and 20% was in Europe.

January 11, 2024

  • Canadian Utilities Limited (TSE:CU) Increased Quarterly Dividend; CU declared a first quarter dividend of C$45.31 cents per Class A non-voting (TSX:CU) and Class B common share (TSX:CU.X), a one percent increase over the C$44.86 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2024, to shareholders of record on February 1, 2024.

Articles that caught my attention:

Thanks for stopping by!

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