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:
June 3, 2024
- €447.02– Avance Gas Holding Ltd (AGAS.OL)
- €34.05– Intel Corporation (INTC)
- €18.90– Essential Utilities, Inc. (WTRG)
- €17.29– WEC Energy Group, Inc. (WEC)
- €39.11– Pinnacle West Capital Corporation (PNW)
- €16.17– ConocoPhillips (COP)
- €72.83– United Parcel Service, Inc. (UPS)
- €3.55– Visa Inc. (V)
- €25.64– Aflac Incorporated (AFL)
- €32.57– Magna International Inc. (MGA)
- €103.96– Enbridge Inc. (ENB)
- €50.45– Fortis Inc. (FTS)
- €36.81– Canadian Utilities Limited (TSE:CU)
June 4, 2024
- €51.03– Johnson & Johnson (JNJ)
- €9.30– Metro Inc. (TSE:MRU)
June 5, 2024
- €29.23– Archer-Daniels-Midland Company (ADM)
Week 23: Total net dividends €987.92
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
June 5, 2024
- I purchased 50 shares of JPM Global Equity Premium Income UCITS ETF (JGPI.DE) at €23.96 per share plus commission.
Based on the latest announcement, JGPI pays a dividend of $0.1907 per month. If the dividend remains at this level in the future, it will mean that, at today's exchange rate, that purchase 50 shares of JGPI will increase €80.09 of my expected annual net dividend income. After this acquisition my yield on cost is 9.53%, JGPI’s weight of my portfolio is about 1.07% and its share of future annual dividend income is approximately 2.16%. For now, my plan is to increase the amount of JGPI in my portfolio on a monthly basis.
Portfolio Holdings News:
June 3, 2024
- Lockheed Martin Corporation (LMT) has been awarded a $1.93B modification to contract W31P4Q-24-D-0019 for High Mobility Artillery Rocket Systems.
June 4, 2024
- Intel Corporation (INTC) and Apollo Agree to Joint Venture Related to Intel’s Fab 34 in Ireland; INTC and Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of $11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel’s Fab 34.
- Realty Income Corporation (O) Raises 2024 Earnings and Investment Guidance; O announced that it has revised its 2024 outlook. The Company now expects to achieve Adjusted Funds from Operations (AFFO) in a range of $4.15 to $4.21 per diluted share as compared to previous guidance of $4.13 to $4.21 per diluted share. The Company also now expects 2024 investment volume to be approximately $3.0 billion as compared to previous guidance of $2.0 billion.
- TC Energy Corporation (TRP) shareholders approve spinoff of South Bow and elect Board of Directors; TRP shareholders voted in favour of the Arrangement Resolution, pursuant to which, among other things, TC Energy shareholders will receive one new common share of TC Energy and 0.2 of a common share in a new public company named South Bow Corporation (South Bow), in exchange for each common share of TC Energy held.
June 5, 2024
- Lockheed Martin Corporation (LMT) Purchases Up To 25 Rocket Launches From Firefly Aerospace; LMT signed an agreement with Firefly Aerospace, Inc., for up to 25 launches on the company's Alpha rocket through 2029. Under this agreement, Firefly will routinely launch a variety of future Lockheed Martin spacecraft, including new payload technologies, into low-Earth orbit from Firefly's facilities on the west and east coasts.
June 6, 2024
- Emerson Electric Co. (EMR) Announces Sale of Remaining Interests in Copeland to Blackstone; EMR announced that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies) for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Private equity funds managed by Blackstone (“Blackstone”) will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.
- Emera Inc. (TSX:EMA) Completes Transaction to Transfer Equity Interest in Labrador Island Link; EMA announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today. The transaction was originally announced on May 28, 2024.
June 7, 2024
- NextEra Energy, Inc. (NEE) and Entergy announce agreement to develop new solar and energy storage projects; Entergy (NYSE: ETR) and NextEra Energy Resources LLC, a subsidiary of NEE, announced a joint development agreement that will accelerate the development of up to 4.5 gigawatts (GW) of new solar generation and energy storage projects.
- General Dynamics Corporation's (GD) Land Systems awarded Canadian Logistics Vehicle Modernization contract; General Dynamics Land Systems (GDLS), a business unit of GD, has been awarded a contract along with joint venture partner Marshall Canada to provide the Canadian Armed Forces (CAF) a new fleet of light and heavy logistics vehicles. The Logistics Vehicle Modernization project is being awarded as two contracts: one for vehicle acquisition, valued at $1.5 billion CAD ($1.1B USD), and one for in-service support, valued up to $1.08 billion CAD ($790M USD) over 25 years.
- Air Products and Chemicals, Inc. (APD) and TotalEnergies sign initial deal for green hydrogen delivery; TotalEnergies and APD have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies’ European refineries.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: Philip Morris (PM) by Jason Fieber at Daily Trade Alert
- Canada braces for rate cuts on the Sunday Reads by Dale Roberts at Cut the Crap Investing
- An Important Warning For Dividend Investors by Samuel Smith at Seeking Alpha
- I Am Buying VICI Properties, Here's Why by Jussi Askola at Seeking Alpha
- Top 25 High Dividend Stocks Yielding 4% to 10%+ by Simply Safe Dividends
- Problems & Misconceptions about Dividend Investing – How, When, and Why Do Companies Pay Dividends? [Podcast] by Mike at The Dividend Guy Blog
- I Will Not Touch TransDigm Group by Charles Fournier at Financial Freedom Is A Journey
- Union Pacific: A Now Buyable Dividend Growth Stock (Rating Upgrade) by Kody's Dividends at Seeking Alpha
- Top 5 Dividend Growth Stocks for June 2024 – Just Released! by Jason Fieber at Daily Trade Alert
- 3 High Dividend Growth Stocks to Build Future Wealth by Prakash Kolli at Dividend Power
- Compare Discount Store Stocks – Part One by Mike at The Dividend Guy Blog
- A Simple $1 Million Passive Income Portfolio For Retirement by Samuel Smith at Seeking Alpha
- This A-Rated Stock Yields 6% and Conservatively Offers a 27%-45% Annualized Rate of Return by Chuck Carnevale of FAST Graphs at Daily Trade Alert
- Aerospace And Megatrends: Honeywell's Path To 10-14% Annual Returns by Leo Nelissen at Seeking Alpha
Thanks for stopping by!
No comments:
Post a Comment