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 13, 2025
- €83.83 – Philip Morris International Inc. (PM)
- €21.92 – Illinois Tool Works Inc. (ITW)
January 15, 2025
- €25.57 – Cardinal Health, Inc. (CAH)
- €28.10 – Main Street Capital Corporation (MAIN)
- €44.56 – W. P. Carey Inc. (WPC)
- €36.28 – Realty Income Corporation (O)
- €30.64 – Algonquin Power & Utilities Corp. (AQN)
January 17, 2025
- €105.89 – Digital Realty Trust, Inc. (DLR)
Week 3: Total net dividends €376.79
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
January 13, 2025
- I closed my Baxter International Inc. (BAX) position by selling 60 shares at $30.00 per share plus commission.
At today's exchange rate, this sale of 60 BAX shares will reduce €29.59 of my expected annual net dividend income.
January 14, 2025
- I purchased 20 shares of Eversource Energy (ES) at $55.99 per share plus commission.
At today's exchange rate, that purchase 20 shares of ES will increase €41.36 of my expected annual net dividend income. Following this acquisition, the portfolio now contains a total of 55 Eversource Energy shares at an average purchase price of $57.37 and yield on cost is 4.99%. After this acquisition, ES ’s weight of my portfolio is about 0.42% and its share of future annual dividend income is approximately 0.47%.
Portfolio Holdings News:
January 13, 2025
- Ahold Delhaize N.V. (AMS:AD) announces that its local Belgian brand Delhaize intends to acquire all shares in Delfood NV; AD announces that its local Belgian brand Delhaize has reached an agreement with the louis delhaize Group to acquire all shares in Delfood NV. This intended acquisition concerns all of louis delhaize’s points of sale as well as those supplied by Delfood, logistics services and headquarters in Belgium. The transaction is expected to close by the end of 2025.
- Kinder Morgan, Inc. (KMI) Announces Acquisition of Gas Gathering & Processing System in Bakken from Outrigger Energy II; KMI announced that its subsidiary, Hiland Partners Holdings LLC, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 million. The acquisition includes a 270 million cubic feet per day (MMcf/d) processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 350 MMcf/d of capacity connecting supplies from the Williston Basin area to high-demand markets.
- Johnson & Johnson (JNJ) Strengthens Neuroscience Leadership with Acquisition of Intra-Cellular Therapies, Inc.; JNJ and Intra-Cellular Therapies, Inc. (Nasdaq: ITCI) announced today that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Intra-Cellular Therapies for $132.00 per share in cash for a total equity value of approximately $14.6 billion.
- RTX Corporation's (RTX) Raytheon awarded $333 million contract; Raytheon, an RTX business, was awarded a $333 million contract from the U.S. Navy to produce Standard Missile-6 (SM-6) Block IA missiles.
- T. Rowe Price Group, Inc. (TROW) Reports Preliminary Month-end Assets Under Management For December 2024; TROW reported preliminary month-end assets under management of $1.61 trillion as of December 31, 2024. Preliminary net outflows were $10.9 billion for December 2024, $19.3 billion for the quarter-ended December 31, 2024, and $43.2 billion for the year.
January 14, 2025
- NCC AB (NCC) to expand district heating network in Gladsaxe, Denmark; Gladsaxe Fjernvarme has chosen NCC as main contractor for a project that will provide district heating to households in Gladsaxe Municipality in Denmark. The order amounts to approximately SEK 150 million.
January 15, 2025
- Orion Corporation (ORION) upgrades full-year outlook for 2024 and provides preliminary information on financial performance for 2024; ORION upgrades full-year 2024 net sales to be approximately €1,542 million and operating profit to be approximately €417 million. Previous full-year outlook was for net sales to be €1,470 million to €1,510 million and operating profit to be EUR 370 million to EUR 400 million.
January 16, 2025
- Kesko Corporation’s (KESKO) sales in December; KESKO’s sales grew by 7.1% in December, or by 3.9% in comparable terms.
- Bank OZK (OZK) Announces Fourth Quarter and Full Year 2024 Earnings; OZK reported GAAP EPS of $1.56 per share for the fourth quarter of 2024, 4.0% higher than the same quarter last year, when the company reported $1.50. Revenue rose 0.4% to $412.34 million from a year ago, topping estimates $5.15 million. PCL was $37.2 million for the fourth quarter of 2024 compared to $43.8 million for the fourth quarter of 2023. The Bank’s ratio of total common stockholders’ equity to total assets was 14.03% at December 31, 2024, compared to 14.02% at December 31, 2023.
- Main Street Capital Corporation (MAIN) Announces Preliminary Estimate of Fourth Quarter 2024 Operating Results; MAIN projects a net asset value per share of $31.62 to $31.68 as of Dec. 31, 2024, representing a 3.4% to 3.6% increase from the NAV per share of $30.57 as of Sept. 30. Management expects net investment income in the range of $1.01 to $1.03 per share and distributable net investment income of $1.07 to $1.09 per share for the fourth quarter of 2024.
January 17, 2025
- NCC AB (NCC) and Liseberg to rebuild Oceana; NCC and Liseberg amusement park have, within the framework of an existing contract, signed an agreement for the reconstruction of Oceana Water World in Gothenburg. The assignment is a partnering contract with an order value of approximately SEK 600 million.
Articles that caught my attention:
- Undervalued Dividend Growth Stock of the Week: Comcast (CMCSA) by Jason Fieber at Daily Trade Alert
- Investing in Canadian stocks as Canada comes under attack by Dale Roberts at Cut the Crap Investing
- Us Stocks Overvalued? How to Identify Strong Canadian Dividend Payers by Dylan Callaghan at Stocktrades
- Edison International: The Market May Be Overestimating The Risk From The LA Fires by Power Hedge at Seeking Alpha
- How much do we need to reach financial independence by Bob at Tawcan
- 10 One Decision Stocks To Buy Now by Bob Ciura at Sure Dividend
- 7 Blue Chip Dividend Stocks I Used To Build My First $100K Portfolio by The Gaming Dividend at Seeking Alpha
- Stocks to Buy in 2025 – Part 1 [Podcast] by Mike at The Dividend Guy Blog
- Portfolio Updates for 2025 by Mark at My Own Advisor
- What I Wish I Knew Before Investing In Dividend Stocks by Samuel Smith at Seeking Alpha
- Top 3 Canadian Dividend Stocks for 2025 by Mike at The Dividend Guy Blog
- 10 Ideal Retirement Investment Stocks by Bob Ciura at Sure Dividend
- Realty Income Is Plunging: Buy, Hold, Or Sell? by Jussi Askola, CFA at Seeking Alpha
- McDonald's Corporation (MCD) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- Why BlackRock Might Be Overvalued Right Now by Charles Fournier at Financial Freedom Is A Journey
- JEPQ: I Am Super Bullish Heading Into Earnings Yielding Over 10% by Steven Fiorillo at Seeking Alpha
Thanks for stopping by!
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