Sunday, May 31, 2026

Week in Review 22/26



 

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:



May 25, 2026


  • €80.97 – TELE2 AB (TEL2)
  • €91.62 – Royal Bank of Canada (RY)


May 29, 2026


  • €19.78 – Starbucks Corporation (SBUX)
  • €14.04 – Eaton Corporation plc (ETN)
  • €14.04 – LTC Properties, Inc. (LTC)



Week 22: Total net dividends €218.52



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



Portfolio Holdings News:



May 26, 2026


  • Lockheed Martin Corporation (LMT) announced that its Aeronautics unit secured a $100.5 million firm-fixed-price order under a previously awarded agreement. The order covers 1,459 brake assembly heat sinks, including 1,075 units for F-35A aircraft and 384 units for F-35B aircraft, to support fleet maintenance and reliability.


  • RTX Corporation (RTX) announced Tuesday that it was awarded a $1.02 billion firm-fixed-price contract for the procurement of NASAMS fire units. The work will take place in Tewksbury, Massachusetts, with completion scheduled for May 26, 2031. The contract is supported by FY2026 Foreign Military Sales funding for Kuwait, with the full contract value obligated at the time of award.


May 27, 2026


  • The Bank of Nova Scotia (BNS) Reports Second Quarter Results; BNS reported second-quarter Non-GAAP EPS of C$2.02, up 32.9% year over year and C$0.08 above analyst expectations. Revenue rose 8.4% to C$9.84 billion, analysts expected C$9.67 billion. Adjusted return on equity (ROE) was 13.1% compared to 11.1% a year ago. The bank reported a Common Equity Tier 1 (CET1) ratio of 13.3%, unchanged from the prior quarter. Provisions for credit losses (PCL) totaled C$1.22 billion, compared with C$1.18 billion in Q1 and C$1.40 billion in the same quarter last year.


  • The Bank of Nova Scotia (BNS) Increases Quarterly Dividend; BNS announced a dividend of C$1.14 per share, an increase of C$0.04 per share on the outstanding common shares of the Bank. This dividend is payable on July 29, 2026, to shareholders of record at the close of business on July 7, 2026.


May 28, 2026



  • Best Buy Co., Inc. (BBY) Reports First Quarter Results; BBY reported first-quarter non-GAAP EPS of $1.28, representing 11% year-over-year growth and a $0.05 beat versus analyst expectations. Revenue increased 1.9% to $8.94 billion, exceeding estimates by $110 million. Management reaffirmed fiscal 2027 guidance for revenue of $41.2–$42.1 billion and adjusted diluted EPS of $6.30–$6.60.


  • Lockheed Martin Corporation (LMT) announced the award of two defense contracts with a combined potential value of approximately $380.82 million. The first contract, valued at $200.82 million on a cost-plus-fixed-fee basis, supports the Surface Combat Systems Training Command for AEGIS training associated with the Foreign Military Sales (FMS) program, in addition to related support activities. The second contract, with a ceiling value of up to $180 million, provides logistics support for the HIMARS and MLRS programs under an indefinite-delivery/indefinite-quantity (IDIQ) agreement serving FMS partners and cooperative programs.


  • Royal Bank of Canada (RY) Reports Second Quarter 2026 Results; RY reported quarterly adjusted EPS of C$3.90, up from C$3.12 a year earlier and exceeding analyst expectations by C$0.11. Revenue increased 11.4% year over year to C$17.45 billion, beating estimates by C$180 million. The bank’s Common Equity Tier 1 (CET1) ratio was 13.5%, down 20 basis points from the prior quarter. Adjusted return on equity (ROE) was 17.4%, in line with the same quarter last year. Provisions for credit losses (PCL) totaled C$912 million, down from C$1.09 billion in the previous quarter and C$1.42 billion a year earlier.


  • Royal Bank of Canada (RY) Increases Quarterly Dividend; RY announced that its board of directors has declared an increase to its quarterly common share dividend of 12 cents, or seven per cent, to C$1.76 per share, payable on or after August 24, 2026, to common shareholders of record at the close of business on July 27, 2026.



  • The Toronto-Dominion Bank (TD) Reports Second Quarter 2026 Results; TD reported second-quarter non-GAAP EPS of C$2.38, up 20.8% year over year and exceeding analyst expectations by C$0.12. Revenue increased 5.9% to C$16.04 billion, beating estimates of C$15.01 billion. Adjusted return on equity (ROE) improved to 14.4%, compared with 12.3% a year earlier. The bank’s Common Equity Tier 1 (CET1) ratio was 14.3% as of April 30, 2026, down from 14.5% in the prior quarter and 14.9% a year earlier. Provisions for credit losses (PCL) declined to C$1.0 billion from C$1.04 billion in the prior quarter and C$1.34 billion in the same quarter last year.


  • The Toronto-Dominion Bank (TD) Increases Quarterly Dividend; TD announced a quarterly dividend of C$1.12 per share for the quarter ending July 31, 2026, representing a 3.7% increase from the prior dividend of C$1.08 per share. The dividend will be payable on or after July 31, 2026, to shareholders of record at the close of business on July 10, 2026.


  • Canadian Imperial Bank of Commerce (CM) Announces Second Quarter 2026 Results; CM reported fiscal second-quarter non-GAAP EPS of C$2.54, compared with C$2.05 in the prior-year quarter and above analyst expectations by C$0.09. Revenue increased 14.0% year over year to C$8.0 billion, exceeding consensus estimates by C$40 million. The bank’s Common Equity Tier 1 (CET1) ratio was 13.6% as of April 30, 2026, compared with 13.4% at the end of the previous quarter. Provisions for credit losses (PCL) totaled C$605 million, consistent with the same period last year. Adjusted return on equity (ROE) improved to 16.4% from 13.9% a year earlier.



May 29, 2026



  • General Dynamics Corporation (GD) announced that one of its business units was awarded a $106.0 million cost-plus-fixed-fee task order for baseline sustainment and obsolescence support. The contract has a total value of up to $294.9 million, including option periods, with execution scheduled through May 2031. The work will support the sustainment and modernization of the ground segment for the Mobile User Objective System (MUOS).


  • The Bank of Nova Scotia (BNS) to Acquire MapleMark Bank; BNS announced that it has entered into a definitive agreement to acquire Maple Financial Holdings, Inc. (parent company to MapleMark Bank). MapleMark Bank is a U.S. commercial bank with operations primarily in Dallas, Texas. The transaction is subject to customary closing conditions and receipt of regulatory approvals and is not expected to have a material impact on Scotiabank's earnings or CET1 ratio.



Articles that caught my attention:





Thanks for stopping by!


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