Sunday, June 8, 2025

Week in Review 23/25



 

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 2, 2025


  • €19.09 – Essential Utilities, Inc. (WTRG)
  • €17.52 – WEC Energy Group, Inc. (WEC)
  • €37.91 – Pinnacle West Capital Corporation (PNW)
  • €15.31 – ConocoPhillips (COP)
  • €84.27 – Target Corporation (TGT)
  • €3.84 – Visa Inc. (V)
  • €28.35 – Aflac Incorporated (AFL)
  • €31.64 – Magna International Inc. (MGA)


June 3, 2025


  • €100.99 – Enbridge Inc. (ENB)
  • €49.92 – Fortis Inc. (FTS)
  • €34.87 – Canadian Utilities Limited (TSE:CU)


June 5, 2025


  • €69.37 – United Parcel Service, Inc. (UPS)


Week 23: Total net dividends €493.09


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



My Portfolio's Transactions:



June 5, 2025


  • I purchased 23shares of JPM US Equity Premium Income Active UCITS ETF (JEIP.DE) at €21.20 per share plus commission.


Based on the latest announcement, for July JEIP pays a dividend of $0.2847. During the seven month period, JEIP has declared a total dividend of $0.9883, if the dividend remains at this level in the future, it will be $1.6942 per year. At today's exchange rate, that purchase 23 shares of JEIP will increase €23.91 of my expected annual net dividend income. After this acquisition my yield on cost is 7.38%, JEIP’s weight of my portfolio is about 0.56% and its share of future annual dividend income is approximately 0.86%. For now, my plan is to increase the amount of JEIP in my portfolio on a monthly basis.



  • I purchased 34 shares of JPM Nasdaq Equity Premium Income Active UCITS ETF (JEQP.DE) at €21.10 per share plus commission.


Based on the latest announcement, for July JEQP pays a dividend of $0.3672. During the seven month period, JEQP has declared a total dividend of $1.6184, if the dividend remains at this level in the future, it will be $2.7744 per year. At today's exchange rate, that purchase 34 shares of JEQP will increase €57.87 of my expected annual net dividend income. After this acquisition my yield on cost is 12.32%, JEQP’s weight of my portfolio is about 0.66% and its share of future annual dividend income is approximately 1.67%. For now, my plan is to increase the amount of JEIP in my portfolio on a monthly basis.



Portfolio Holdings News:



June 2, 2025



  • Kontoor Brands, Inc. (KTB) Completes Acquisition of Helly Hansen®; KTB today announced that it has completed the previously announced acquisition of Helly Hansen, the global outdoor and workwear brand. Helly Hansen is expected to be immediately accretive to the Company’s revenue, adjusted earnings per share and cash flow in fiscal 2025, consistent with the Company’s outlook provided on May 6, 2025.


June 3, 2025



  • RTX Corporation (RTX) awarded $536 million US Navy contract; Raytheon, an RTX business, has been awarded a $536 million contract from the U.S. Navy for the SPY-6 family of radars. The contract is a follow-on to the previously awarded Integration and Production Support contract and includes upgrading Flight IIA destroyers with the SPY-6(V)4 variant.


  • Algonquin Power & Utilities Corp. (AQN) Announces Financial Outlook for 2025 through 2027; AQN announced its “Back to Basics” utility customer-centric capital plan aimed at "delivering steady predictable returns for investors through focused utility execution and capital discipline." AQN guided for current-year adjusted earnings of $0.30-$0.32/share, mostly above FY 2024 adjusted earnings. The company also said it expects operating expenses as a percentage of revenue to improve by 5%-7% by the end of 2027, and anticipates its earned return on equity will improve by ~300 bps to ~8.5% by 2027.


June 4, 2025


  • NCC AB (NCC) to expand Borgunda waterworks in Skaraborg, Sweden; NCC and the municipal water association Skaraborgsvatten are to partner to expand Borgunda waterworks, adding a new treatment stage. Production has commenced and the project is scheduled for completion in summer 2027. The project has an order value of approximately SEK 150 million.



  • Main Street Capital Corporation (MAIN) Announces New Portfolio Investment; MAIN announced on Wednesday a new $45.4M portfolio investment in an "aerial survey and geospatial services provider". MAIN partnered with its existing investors to facilitate the minority recapitalization with a combination of first lien, senior secured term debt, and a direct equity investment.


June 5, 2025


  • QUALCOMM Incorporated (QCOM) Acquires Autotalks; QCOM announced that its subsidiary, Qualcomm Technologies, Inc., has completed the acquisition of Autotalks, an industry leader in direct vehicle-to-everything (V2X) communication solutions. V2X technologies, which enable communication between vehicles and their surroundings, have become increasingly critical for enhancing road safety and transportation efficiency. The terms of the transaction were not disclosed.


  • Kimberly-Clark Corporation (KMB) Announces Major Step Forward in its Powering Care Transformation; KMB announced that it has entered into an agreement with Suzano (NYSE: SUZ) to form a strategic partnership, creating a preeminent international tissue and professional products company and sharpening Kimberly-Clark's focus on its higher growth, higher margin businesses. Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional ("IFP") business, and Suzano will own 51%. KMB noted that, upon closing, the transaction is expected to be approximately $0.30-0.40 dilutive to Adjusted Earnings Per Share in the first full year following close, including the Company's expectation to return the initial cash proceeds from the transaction, net of taxes and transaction costs, to shareholders through share repurchases.




Articles that caught my attention:





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