Sunday, July 6, 2025

Week in Review 27/25

 



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 30, 2025


  • €26.21 – Eversource Energy (ES)
  • €75.87 – Brookfield Renewable Corporation (BEPC)
  • €114.80 – Brookfield Infrastructure Corporation (BIPC)
  • €18.70 – Union Pacific Corporation (UNP)
  • €56.51 – T. Rowe Price Group, Inc. (TROW)
  • €29.56 – Main Street Capital Corporation (MAIN)
  • €60.81 – Ares Capital Corporation (ARCC)
  • €92.88 – Digital Realty Trust, Inc. (DLR)
  • €12.02 – LTC Properties, Inc. (LTC)
  • €56.11 – Pembina Pipeline Corporation (TSE:PPL)
  • €20.56 – Canadian National Railway Company (TSE:CNR)


July 1, 2025


  • €28.38 – UGI Corporation (UGI)
  • €90.42 – PepsiCo, Inc. (PEP)
  • €48.26 – The Coca-Cola Company (KO)


July 2, 2025


  • €10.33 – Kimberly-Clark Corporation (KMB)
  • €73.68 – TELUS Corporation (TSE:T)


July 3, 2025


  • €95.69 – Canadian Natural Resources Limited (TSE:CNQ)


Week 27: Total net dividends €910.80


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



My Portfolio's Transactions:



June 30, 2025


  • I purchased 45 shares of Essential Utilities, Inc. (WTRG) at $36.75 per share plus commission.


At today's exchange rate, that purchase 45 shares of WTRG will increase €37.77 of my expected annual net dividend income. Following this acquisition, the portfolio now contains a total of 135 Essential Utilities shares at an average purchase price of $36.43 and yield on cost is 3.57%. After this acquisition, WTRG ’s weight of my portfolio is about 0.61% and its share of future annual dividend income is approximately 0.50%.


  • I purchased 25 shares of Eversource Energy (ES) at $63.00 per share plus commission.


At today's exchange rate, that purchase 25 shares of ES will increase €47.63 of my expected annual net dividend income. Following this acquisition, the portfolio now contains a total of 80 Eversource Energy shares at an average purchase price of $59.20 and yield on cost is 5.08%. After this acquisition, ES ’s weight of my portfolio is about 0.62% and its share of future annual dividend income is approximately 0.68%.



Portfolio Holdings News:



June 30, 2025



  • The Home Depot, Inc. (HD) Enters Into Agreement for SRS Distribution to Acquire GMS; HD has entered into a definitive agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. to acquire GMS Inc., a leading North American specialty building products distributor. Under the terms of the merger agreement, a subsidiary of SRS will commence a cash tender offer to purchase all outstanding shares of GMS common stock for $110 per share, reflecting a total equity value of approximately $4.3 billion and implying a total enterprise value (including net debt) of approximately $5.5 billion.



  • General Dynamics Corporation's (GD) Land Systems has secured a $150 million contract from the U.S. Department of Defense for the Abrams Engineering Program.


July 1, 2025


  • Telia Company AB (TELIA) completes divestment of TV & Media; TELIA has closed the sale of its TV & Media business to Schibsted, first announced on February 25, at an enterprise value of SEK 6.55 billion on a cash and debt-free basis. Through a multi-year distribution partnership, Telia will continue to include TV4 and MTV’s content in its award-winning consumer TV offerings.


  • Lockheed Martin Corporation's (LMT) Rotary and Mission Systems unit was awarded a 10-year contract with a ceiling of $2.97B to upgrade the Aegis ballistic missile defense combat system


  • Bank OZK (OZK) Increased Quarterly Dividend; OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.44 per share, up $0.01, or 2.33% from the prior quarter. The common stock dividend is payable on July 18, 2025 to shareholders of record as of July 11, 2025.


July 2, 2025


  • Main Street Capital Corporation (MAIN) Announces Follow-On Portfolio Investment; MAIN announced that it recently completed a follow-on portfolio investment to facilitate the minority recapitalization of its existing portfolio company, Flame King Holdings, LLC, a leading supplier of propane storage solutions and accessories. Main Street funded $66.0 million of first-lien, senior secured term debt to complete the recapitalization and also provided Flame King with a revolving line of credit to support the Company's ongoing growth initiatives and working capital needs. Main Street initially invested in Flame King in October 2021.


July 3, 2025


  • AbbVie Inc. (ABBV) said it will incur a negative impact of $0.42 to GAAP and non-GAAP diluted earnings per share in Q2 due to acquired IPR&D and milestones expense of $823M. As a result, the company now sees Q2 adjusted diluted earnings per share of $2.84-$2.88. As a result, the company now sees Q2 adjusted diluted earnings per share of $2.84-$2.88 and said that its full-year EPS guidance range is now $11.67-$11.87.


July 4, 2025




Articles that caught my attention:





Thanks for stopping by!


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