Sunday, April 7, 2024

Week in Review 14/24


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:

April 2, 2024

  • €9.80– Eversource Energy (ES)
  • €30.86– UGI Corporation (UGI)
  • €27.42– The Kraft Heinz Company (KHC)
  • €10.98– Kimberly-Clark Corporation (KMB)
  • €12.07– Baxter International Inc. (BAX)
  • €87.77– PepsiCo, Inc. (PEP)
  • €50.47– The Coca-Cola Company (KO)
  • €43.18– Lockheed Martin Corporation (LMT)
  • €19.59– Eaton Corporation plc (ETN)
  • €19.60– Union Pacific Corporation (UNP)
  • €65.36– Ares Capital Corporation (ARCC)
  • €13.16– LTC Properties, Inc. (LTC)
  • €73.09– TELUS Corporation (TSE:T)

April 3, 2024

  • €181.04– Orion Corporation (ORNBV)
  • €196.71– Nordea Bank Abp (NDA)

Week 14: Total net dividends €841.07

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

My Portfolio's Transactions:

April 5, 2024

  • I purchased 51 shares of Global Equity Premium Income UCITS ETF (JGPI.DE) at €24.11 per share plus commission.

Based on the latest announcement, JGPI pays a dividend of $0.1316 per month. If the dividend remains at this level in the future, it will mean that, at today's exchange rate, that purchase 51 shares of JGPI will increase €51.96 of my expected annual net dividend income. With purchase price €24.11 plus commission (€2.50) my yield on cost is 6.07%. After this acquisition, JGPI’s weight of my portfolio is about 0.71% and its share of future annual dividend income is approximately 0.93%. For now, my plan is to increase the amount of JGPI in my portfolio on a monthly basis.

Portfolio Holdings News:

April 1, 2024

  • Dominion Energy's, Inc. (D) New solar projects approved; D said it was approved by the Virginia State Corporation Commission to add more than a dozen new solar projects to its fleet in the state through new installations, acquisitions and offtake deals. The projects will generate 764 megawatts (MW) of electricity, enough to power nearly 200,000 homes at peak output, and include four solar projects totaling 329 MW that will be owned or acquired by Dominion Energy Virginia. They also include 13 power-purchase agreements (PPAs) totaling 435 MW with independently owned solar projects.

  • United Parcel Service, Inc. (UPS) Announces Significant Partnership Expansion with USPS; UPS announced the company has been awarded a significant air cargo contract by the United States Postal Service (USPS). This award is effective immediately and greatly expands the existing relationship between the two organizations. Following a transition period, UPS will become the USPS’s primary air cargo provider and move the majority of USPS air cargo in the US.

April 2, 2024

  • Duke Energy Corporation (DUK) Files For New Base Rates; DUK's Florida unit said it filed for new base rates with state regulators, requesting nearly $820M in revenue during 2025-27, a cost which would be passed onto customers. Duke Energy Florida, which serves nearly 2M people, said the base rate filing aims to help it increase efficiency and reduce outages while investing in 14 new solar sites totaling 1,050 MW.

April 3, 2024

April 4, 2024

  • NCC AB (NCC) to construct high school in Lieto, Finland; NCC has signed an agreement with the City of Lieto to expand Taatila elementary school with a high school for approximately 500 students. The project is a turnkey contract, and the order value is approximately SEK 195 million.

April 5, 2024

  • Johnson & Johnson (JNJ) to Acquire Shockwave Medical; JNJ and Shockwave Medical, Inc. (Nasdaq: SWAV) announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Shockwave for $335.00 per share in cash, corresponding to an enterprise value of approximately $13.1 billion including cash acquired. The transaction was approved by both companies’ boards of directors.

Articles that caught my attention:

Thanks for stopping by!


  1. Hi, I have one question about JGPI. I assume you bought dist-version of the ETF and at least based on Nordnet it looks like the fund is in Germany(xetra). Does this mean you have to pay extra withholding tax for the dividends?

    1. Hi, yes I bought JGPI, listed in Germany, but it is registered in Ireland (ISIN: IE0003UVYC20) and at least the first three months of dividends have been paid without any withholding tax and it shoud continue like that way.

      Thanks for visiting and sorry foe the late reply!

  2. But isn't ETF dividends taxed as capital income that is higher compared to normal stocks?

    1. Hi

      Yes, you are right. ETF distributions are taxed as capital gains at 30%, while dividends are taxed at 25.5%.

      Thanks for visiting,