Sunday, September 8, 2024

Week in Review 36/24



 

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:



September 2, 2024


  • €33.80 – Intel Corporation (INTC)
  • €16.94 – WEC Energy Group, Inc. (WEC)


September 3, 2024


  • €26.37 – Essential Utilities, Inc. (WTRG)
  • €38.36 – Pinnacle West Capital Corporation (PNW)
  • €15.96 – ConocoPhillips (COP)
  • €25.17 – Golar LNG Limited (GLNG)
  • €70.47 – Pfizer Inc. (PFE)
  • €3.49 – Visa Inc. (V)
  • €25.15 – Aflac Incorporated (AFL)
  • €32.19 – Magna International Inc. (MGA)
  • €53.99 – LyondellBasell Industries N.V. (LYB)
  • €101.64 – Enbridge Inc. (ENB)
  • €49.53 – Fortis Inc. (FTS)
  • €35.95 – Canadian Utilities Limited (TSE:CU)


September 5, 2024


  • €25.22 – RTX Corporation (RTX)
  • €71.07 – United Parcel Service, Inc. (UPS)


Week 36: Total net dividends €618.57


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



My Portfolio's Transactions:



September 3, 2024


  • I closed my Intel Corporation (INTC) position by selling 400 shares at $21.62 per share plus commission.


September 4, 2024


  • I opened a new position and purchased 100 shares of Canadian Natural Resources (TSE:CNQ) at C$46.95 per share plus commission.


At today's exchange rate, that purchase 100 shares of CNQ will increase €102.96 of my expected annual net dividend income. With purchase price $49.95 plus commission (C$11.98) my starting yield on cost is 4.42%. After this acquisition, CNQ’s weight of my portfolio is about 0.43% and its share of future annual dividend income is approximately 0.46%.


September 5, 2024


  • I purchased 49 shares of JPM Global Equity Premium Income UCITS ETF (JGPI.DE) at €24.98 per share plus commission.


Based on the latest announcement, for October JGPI pays a dividend of $0.1679. During the nine month period, JGPI has declared a total dividend of $1.2241, if the dividend remains at this level in the future, it will be $1.632 per year. At today's exchange rate, that purchase 49 shares of JGPI will increase €50.48 of my expected annual net dividend income. After this acquisition my yield on cost is 6.77%, JGPI’s weight of my portfolio is about 1.59% and its share of future annual dividend income is approximately 2.06%. For now, my intention is to get 50 more and then the quota will be full.



Portfolio Holdings News:



September 2, 2024


  • Lockheed Martin Corporation (LMT) has secured a $3.43 billion modification to contract W31P4Q-23-D-0003 for the Guided Multiple Launch Rocket System.


  • General Dynamics Mission Systems, a unit of General Dynamics Corporation (GD) has secured a $491.61 million modification to previously awarded contract HQ0850-22-C-0007 for the Proliferated Warfighter Space Architecture Ground Management and Integration and operation and sustainment efforts.


September 4, 2024



  • Verizon Communications Inc. (VZ) Increases Quarterly Dividend; The Board of Directors at VZ declared a quarterly dividend of 67.75 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2024, to Verizon shareholders of record at the close of business on October 10, 2024.


  • RTX Corporation (RTX) has been awarded a not-to-exceed $405.3M contract modification to a previously awarded firm-fixed-price, cost-plus-fixed-fee contract by the U.S. Navy.


September 5, 2024


  • Verizon Communications Inc. (VZ) to Acquire Frontier; VZ and Frontier Communications Parent, Inc. (NASDAQ: FYBR) today announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all-cash transaction valued at $20 billion. Subject to approval by Frontier shareholders, the deal is expected to close in approximately 18 months. In addition to the deal announcement, VZ also reaffirmed its full-year 2024 guidance, including adjusted EPS of $4.50 to $4.70 and wireless service revenue growth of 2% to 3.5%.




Articles that caught my attention:





Thanks for stopping by!


No comments:

Post a Comment