Week in Review 46/25

 

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:

November 10, 2025

• €17.24 – Air Products and Chemicals, Inc. (APD)
• €43.53 – JPM Global Equity Premium Income Active UCITS ETF (JGPI.DE)
• €15.82 – JPM US Equity Premium Income Active UCITS ETF (JEIP.DE)
• €44.63 – JPM Nasdaq Equity Premium Income Active UCITS ETF (JEQP.DE)

November 12, 2025

• €91.71 – NCC AB (NCC)
• €18.24 – Texas Instruments Incorporated (TXN)
• €9.32 – Metro Inc. (TSE:MRU)

November 13, 2025

• €22.91 – Global X SuperDividend ETF (SDIV)

November 14, 2025

• €72.32 – ONEOK, Inc. (OKE)
• €38.30 – General Dynamics Corporation (GD)
• €19.14 – Ally Financial Inc. (ALLY)
• €58.73 – Unum Group (UNM)

Week 46: Total net dividends €451.89

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

Portfolio Holdings News:

November 10, 2025

• General Dynamics Corporation's (GD) NASSCO Awarded $1.7 billion to construct T-AO 215 and T-AO 216; NASSCO, a business unit of GD announced that it has been awarded $1.7 billion for the construction of T-AO 215 and T-AO 216. The ships are part of NASSCO’s current multi-ship contract from the U.S. Navy for the construction of up to eight additional John Lewis-class fleet replenishment oilers (T-AO 214 through 221).

• RTX Corporation's (RTX) Raytheon, Avio sign MoU to establish new solid rocket motor facility in the U.S.; Raytheon, an RTX business, has signed a Memorandum of Understanding to help Avio establish a state-of-the-art solid rocket motor (SRM) facility in the United States, serving Raytheon and other customers as a vertically integrated merchant supplier. Raytheon will have preferred access to a share of the Avio plant production capacity to meet future demand.

November 11, 2025

• Mandatum plc (MANTA) Q3 2025 Interim Report; MANTA reported third-quarter 2025 EPS of €0.09, up 28% year-over-year and €0.02 ahead of analyst expectations. Fee and commission income grew 20% to €21.7 million, exceeding forecasts of €20.3 million. Client assets under management increased 12% to €14.9 billion, compared to €13.3 billion a year earlier.

• Aflac Incorporated (AFL) Announces Increase in the First Quarter 2026 Dividend; AFL announced that its Board of Directors has declared the first quarter dividend of $0.61 per share, payable on March 2, 2026, to shareholders of record at the close of business on February 18, 2026. This represents a 5.2% increase over the previously declared fourth quarter 2025 dividend.

November 12, 2025

• Cisco Systems, Inc. (CSCO) Reports First Quarter Earnings; CSCO reported first-quarter non-GAAP EPS of $1.00, representing a 10% year-over-year increase and beating analyst expectations by $0.02. Revenue for the quarter totaled $14.88 billion, surpassing estimates by $100 million and growing 7.5% compared to the same period last year. For fiscal year 2026, management is guiding for revenue between $60.2 billion and $61.0 billion, and non-GAAP EPS in the range of $4.08 to $4.14.

• Chevron Corporation (CVX) Outlines Plan for Sustained Cash Flow Growth; CVX unveiled a five-year plan, aiming for sustained cash flow and profit growth through 2030 while reducing its capex guidance range to $18 billion to $21 billion per year. The company forecasts over 10% annual growth in adjusted free cash flow and EPS at $70 Brent, while keeping capex breakeven below $50 Brent through 2030.

• T. Rowe Price Group, Inc. (TROW) Reports Preliminary Month-End Assets Under Management For October 2025; TROW announced preliminary assets under management of $1.79T at the end of October, up slightly from $1.78T in the prior month. Preliminary net outflows for October 2025 were $5.9 billion.

• Manulife Financial Corporation (MFC) Reports Third Quarter 2025 Results; MFC reported core earnings of C$1.16 per share for Q3 2025, a 16% increase from C$1.00 in the same period last year and above the consensus estimate of C$1.04. Global Wealth and Asset Management net outflows of C$6.2 billion, compared with net inflows of C$5.2 billion in Q3 2024. Book value per common share rose to C$26.07 as of September 30, 2025, compared to C$24.40 a year earlier.

• Power Corporation of Canada (TSE:POW)Reports Third Quarter 2025 Financial Results; POW reported adjusted earnings of C$1.35 per share for the quarter ended September 30, up from C$1.07 in the same period last year and beating the analyst consensus of C$1.34. The Corporation's book value per participating share was $36.74 at September 30, 2025, compared with $35.56 at December 31, 2024, an increase of 3.3%.

November 13, 2025

• Pfizer Inc. (PFE) Completes Acquisition of Metsera; PFE has completed its acquisition of all outstanding shares of common stock of Metsera for $65.60 per share in cash, representing an enterprise value of approximately $7.0 billion, plus a contingent value right (CVR) of up to $20.65 per share in potential additional payments tied to the achievement of three specified clinical and regulatory milestones. Metsera is now a wholly owned subsidiary of Pfizer.

• South Bow Corporation (SOBO) Reports Third-Quarter 2025 Results; SOBO reported GAAP EPS of $0.47 for the quarter, beating analyst expectations by $0.08 and marking a 14.6% year-over-year increase. Revenue totaled $461 million, down 13.7% from the prior year and missed estimates by $37 million. Management reaffirmed its 2025 outlook, maintaining guidance for normalized EBITDA of approximately $1.01 billion.

November 14, 2025

• Kesko Corporation’s (KESKO) sales in October; KESKO’s sales increased by 9.6% in September, or by 6.1% in comparable terms. Sales increased in all three divisions. In the grocery trade division, sales to K Group grocery stores increased by 4.9% and Kespro’s sales by 2.3%. In the building and technical trade division, sales increased in comparable terms in all operating countries. In the car trade division, sales increased in new and used cars and in services.

• Enbridge Inc. (ENB) Adding Canadian Egress to Key U.S. Refining Markets, Enhancing North American Energy Security; ENB announced it reached a final investment decision on the Mainline Optimization Phase 1 project, which will add capacity to the company's Mainline network and Flanagan South pipeline to meet customer demand.

Articles that caught my attention:

• Undervalued Dividend Growth Stock of the Week: T. Rowe Price (TROW) by Jason Fieber at Daily Trade Alert
• The simple strategies that set you up for retirement success. Plus, the Sunday Reads by Dale Roberts at Cut the Crap Investing
• Thirteen Cash Machines Hiking Dividends Last Week by Dividend Growth Investor
• I'm Buying Dividend Aristocrats At Bargain Basement Prices by Gen Alpha at Seeking Alpha
• 10 Best Stocks For High Yield Dividend Compounding by Bob Ciura at Sure Dividend
• The Best Way to Generate Retirement Income [Podcast] by Mike at The Dividend Guy Blog
• The End Of The REIT Bear Market Is Likely Near by Jussi Askola, CFA at Seeking Alpha
• 3 Top Dividend Stocks to Buy in the Fall of 2025 by Bob Ciura at Dividend Power
• These Canadian Industrial Stocks Help Stoke the Nation’s Growth by Dan Kent at Stocktrades Canada
• Automatic Data Processing: Double-Digit Dividend Hike Proves This Is A Dividend King Worth Owning by Dividend Collection Agency at Seeking Alpha
• Union Pacific Corporation (UNP) Dividend Stock Analysis by D4L at Dividend Growth Stocks
• One Of The Best High-Yield Setups I've Ever Seen by Samuel Smith at Seeking Alpha
• How to Spot (and Fix) the Weak Spots in Your Retirement Plan by Mike at The Dividend Guy Blog
• 10 Best Stocks To Unleash The Power Of Dividend Growth by Bob Ciura at Sure Dividend

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