Sunday, August 2, 2026

Week in Review 31/26



 

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:



July 28, 2026


  • €120.03– Telia Company (TELIA)
  • €66.88– Canadian Imperial Bank of Commerce (TSE:CM)


July 29, 2026


  • €86.21 – The Bank of Nova Scotia (TSE:BNS)


July 31, 2026


  • €39.59 – Edison International (EIX)
  • €12.25 – LTC Properties, Inc. (LTC)
  • €102.66 – The Toronto-Dominion Bank (TSE:TD)
  • €68.37 – TC Energy Corporation (TSE:TRP)


Week 31: Total net dividends €497.99


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



My Portfolio's Transactions:



July 28, 2026


  • I purchased 100 shares of Ares Capital Corporation (ARCC) at $18.97 per share plus commission.


At today’s exchange rate, this purchase is expected to increase my annual net dividend income by approximately €124.92, assuming that the dividend remains at its current level. Following this acquisition, my portfolio now holds a total of 300 shares of ARCC, with an average purchase price of $19.48 per share and a yield on cost of 9.85%.


After the transaction, ARCC represents approximately 0.53% of my portfolio by weight and contributes about 1.51% to my projected annual dividend income.



Portfolio Holdings News:



July 27, 2026


  • H2O America (HTO) Announces Second Quarter 2026 Financial Results; HTO reported second-quarter non-GAAP EPS of $0.72, representing a 4% decline from the prior-year period but exceeding analyst expectations by $0.02. Revenue grew 6.2% year over year to $210.5 million, although it came in $2.9 million below consensus estimates. Looking ahead, management reaffirmed its standalone 2026 adjusted diluted EPS guidance of $3.08 to $3.18.


July 28, 2026


  • Unilever PLC (AMS:UNA) Reports First Half 2026 Results; UNA reported first-half sales of €25.6 billion, representing a 0.5% increase from the prior-year period, while comparable EPS rose 2.4% year over year to €1.61. Underlying sales growth was 4.8%, reflecting a 4.2% increase in volumes and a 0.6% contribution from pricing. Looking ahead, management raised its 2026 guidance, now expecting underlying sales growth within its multi-year target range of 4% to 6%, including approximately 3% underlying volume growth. The company expects underlying sales growth of 4% to 5% in the second half of 2026, with pricing expected to be the primary driver.


  • The Coca-Cola Company (KO) Reports Second Quarter 2026 Results; KO reported second-quarter non-GAAP EPS of $0.97, up 11% year over year and $0.04 above analyst expectations. Revenue increased 7.2% to $13.4 billion, exceeding estimates by $230 million. Management raised its 2026 organic revenue growth outlook to approximately 5% and updated its EPS guidance to include comparable currency-neutral EPS growth (excluding acquisitions and divestitures) of 7% to 8% and comparable EPS growth of 9% to 10%.


  • Illinois Tool Works Inc. (ITW) Reports Second Quarter 2026 Results; ITW reported second-quarter GAAP EPS of $2.84, representing a 10.1% increase from the prior-year period and exceeding analyst expectations by $0.04. Revenue grew 4.9% year over year to $4.3 billion, surpassing consensus estimates by $110 million. Looking ahead, management raised its 2026 guidance, narrowing its GAAP EPS outlook to $11.35–$11.55 per share from the previous range of $11.10–$11.50. The company also increased its revenue growth guidance to 4%–5% and its organic growth forecast to 3%–4%, a 1.5 percentage point increase at the midpoint.


  • United Parcel Service, Inc. (UPS) Releases 2Q 2026 Earnings; UPS reported second-quarter non-GAAP EPS of $1.76, representing a 13.6% increase from the prior-year period and exceeding analyst expectations by $0.10. Revenue grew 7.5% year over year to $22.8 billion, surpassing consensus estimates by $960 million. Looking ahead, management raised its full-year 2026 guidance, now projecting approximately $91.2 billion in revenue and non-GAAP diluted EPS of approximately $7.22.


  • Visa Inc. (V) Reports Fiscal Third Quarter 2026 Results; V reported third-quarter non-GAAP EPS of $3.32, up 11% year over year and $0.09 above analyst expectations. Revenue increased 13.7% to $11.6 billion, exceeding estimates by $200 million. Payments volume for the three months ended June 30, 2026, rose 10% year over year on a constant-dollar basis. For fiscal 2026, management now expects EPS growth at the low end of the low-teens range, compared with its previous guidance of low-teens growth. The company also narrowed its net revenue growth outlook to the low end of the low-teens range, from its prior guidance of low double-digit to low-teens growth.


  • Unum Group (UNM) Reports Second Quarter 2026 Results; UNM reported secon-quarter non-GAAP EPS of $2.16, representing 4.9% year-over-year growth and a $0.01 beat versus analyst expectations. Revenue increased0.3% to $3.37 billion, exceeding estimates by $410 million. Book value per common share of $68.28 grew 3.8 percent over the year-ago quarter. Management’s 2026 outlook includes after-tax adjusted operating income per share of $8.60–$8.90, implying 8%–12% growth relative to the redefined 2025 base of $7.93.


  • W. P. Carey Inc. (WPC) Announces Second Quarter 2026 Financial Results; WPC reported second-quarter adjusted funds from operations (AFFO) of $1.34 per share, representing a 4.7% increase from the prior-year period and in line with analyst expectations. Revenue grew 7.0% year over year to $461.1 million, surpassing consensus estimates by $4.4 million. Looking ahead, management raised and narrowed its full-year 2026 AFFO guidance to $5.19–$5.27 per diluted share, compared with its previous range of $5.16–$5.26, implying approximately 5.2% year-over-year growth at the midpoint.


  • Intact Financial Corporation (TSE:IFC) Reports Q2-2026 Results; IFC reported second-quarter net operating income per share of C$3.17, representing a 39.4% decline from the prior-year period and falling C$0.31 short of analyst expectations. The combined ratio increased to 94.8% from 86.0% a year earlier, reflecting weaker underwriting performance, while operating return on equity improved to 17.0%. Book value per share (BVPS) rose 13% year over year to C$113.73.


  • Capital Power Corporation (TSE: CPX) Increased Quarterly Dividend; CPX announced a quarterly dividend of C$0.7048 per common share for the quarter ending September 30, 2026, an increase of 2.0% from the previous dividend of C$0.6910 per share, consistent with its 2026 dividend growth guidance. The dividend will be paid on October 30, 2026, to shareholders of record at the close of business on September 29, 2026.


July 29 2026


  • Automatic Data Processing, Inc. (ADP) Reports Fourth Quarter Fiscal 2026 Results; ADP reported fourth-quarter non-GAAP EPS of $2.64, representing a 17% increase from the prior-year period and exceeding analyst expectations by $0.04. Revenue grew 6.8% year over year to $5.48 billion, surpassing consensus estimates by $40 million. Looking ahead, management expects fiscal 2026 revenue growth of 5% to 6% and adjusted diluted EPS growth of 9% to 11%.


  • QUALCOMM Incorporated (QCOM) Announces Third Quarter Fiscal 2026 Results; For the third quarter, QCOM reported a non-GAAP EPS of $2.21—missing expectations by $0.01 and declining 20% year-over-year. Revenue fell 4.0% to $9.95 billion, though this still beat consensus estimates by $280 million. Looking ahead, the company provided fourth-quarter guidance, projecting revenue between $9.7 billion and $10.5 billion and EPS in the range of $2.05 to $2.25.



  • WEC Energy Group, Inc. (WEC) Reports Second-Quarter Results; WEC reported second-quarter GAAP EPS of $0.91, representing 19.7% year-over-year growth and a $0.10 beat versus analyst expectations. Revenue increased 3.0% to $2.06 billion, exceeding estimates by $20 million. Management reaffirmed its full-year 2026 earnings guidance of $5.51–$5.61 per share.




  • Starbucks Corporation (SBUX) Reports Q3 Fiscal Year 2026 Results; For the third quarter, SBUX reported a non-GAAP EPS of $0.85, surging 70% year-over-year and beating analyst expectations by $0.20. While revenue dipped 1.5% to $9.32 billion, it still managed to top estimates by $200 million. Global comparable store sales grew 7.9%, fueled by a 4.2% increase in transactions and a 3.5% bump in the average ticket size. During the quarter, the company opened 175 net new stores, closing out the period with a total of 41,304 locations—33% of which are company-operated and 67% licensed. Looking forward to 2026, management anticipates global and U.S. comparable store sales growth of 5%, consolidated net revenues to remain flat to slightly higher year-over-year, and non-GAAP EPS in the range of $2.55 to $2.65.


  • Smurfit Westrock Plc (SW) Reports Second Quarter 2026 Results; SW reported Q2 non-GAAP EPS of $0.35 down 20.5% YoY and $0.07 below expectations. Revenue rose 1.1% to $8.03 billion, beating estimates by $100 million. The company guides Q3 EBITDA to be approximately $1.3 billion and and for the full year Adjusted EBITDA2 we expect to be in the range of $4.9 billion to $5.1 billion.



  • General Dynamics Corporation (GD) Reports Second-Quarter 2026 Financial Results; GD reported second-quarter GAAP EPS of $4.24, representing a 13.4% increase from the prior-year period and exceeding analyst expectations by $0.27. Revenue grew 8.5% year over year to $14.1 billion, surpassing consensus estimates by $560 million. During the quarter, the company received $20.0 billion in new orders, including $14.7 billion in the defense segments and $5.3 billion in Aerospace, resulting in a book-to-bill ratio of 1.4x company-wide, 1.4x in the defense segments, and 1.5x in Aerospace. Quarter-end backlog totaled $136.5 billion.



  • L3Harris Technologies, Inc. (LHX) Reports Second Quarter 2026 Results; LHX reported second quarter GAAP EPS of $3.13—a 28% increase year-over-year that topped analyst expectations by $0.32. Revenue reached $5.9 billion, climbing 9.3% from the previous year and beating estimates by $80 million. The company secured $7.3 billion in orders, resulting in a book-to-bill ratio of 1.2x and pushing its backlog to a record $42 billion. Looking ahead, management raised its full-year 2026 revenue guidance to a range of $23.2 billion to $23.7 billion, up from its prior outlook of $23.0 billion to $23.5 billion, while also lifting its 2026 EPS guidance to between $11.80 and $12.00, compared to the previous range of $11.40 to $11.60.


  • Union Pacific Corporation (UNP) Announces Dividend Increase; UNP announced that its Board of Directors has voted to increase the quarterly dividend on the company's common stock by 3% to $1.42 per share, up from the previous payout of $1.38. The dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of August 31, 2026.



  • Omega Healthcare Investors, Inc. (OHI) Reports Second Quarter 2026 Results; OHI reported second quarter adjusted funds from operations (AFFO) of $0.83 per share—marking a 7.8% increase year-over-year and beating analyst expectations by $0.03. Revenue climbed 16.2% to $328.25 million, comfortably exceeding estimates by $54.39 million. Building on this momentum, management raised its full-year 2026 adjusted FFO guidance to a range of $3.22 to $3.26 per diluted share, up from its previous outlook of $3.19 to $3.25.


  • Capital Power Corporation (TSE: CPX) Reports Second Quarter 2026 Results; CPX reported second-quarter AFFO of C$2.09 per share, representing a significant increase from C$1.55 in the prior-year period. Revenue grew 67.8% year over year to C$740 million, surpassing consensus estimates by C$156 million. Adjusted EBITDA was C$351 million, modestly below the analyst consensus of approximately C$359 million.



July 30, 2026


  • Aktia Bank Plc's (AKTIA) Half–Year Report January-June 2026; AKTIA reported second-quarter EPS of €0.44, up 78% year over year and €0.07 above analyst expectations. Total operating income increased 12% to €82.1 million, exceeding estimates by €7.9 million. Credit losses improved by €10.0 million to a positive €6.8 million, compared with a loss of €3.2 million in the prior-year period. The CET1 ratio declined to 12.0% from 12.8% in the previous quarter. For 2026, management expects operating profit to be approximately in line with, or slightly above, the comparable 2025 operating profit of €106.0 million.


  • Eversource Energy (ES) Reports Second Quarter 2026 Results; ES reported second-quarter non-GAAP EPS of $0.87, representing a 9.4% decline from the prior-year period and in line with analyst expectations. Revenue grew 2.1% year over year to $2.9 billion, although it came in $70 million below consensus estimates. Looking ahead, management revised its 2026 recurring non-GAAP EPS guidance to $4.57–$4.72 and reaffirmed its long-term target of 5%–7% annual EPS growth through 2030, using the midpoint of the revised 2026 guidance of $4.65 as the base year.


  • Edison International (EIX) Reports Second Quarter 2026 Results; EIX reported second-quarter non-GAAP EPS of $1.54, marking an impressive 58.8% increase year-over-year and beating analyst expectations by $0.33. Revenue dipped 4.2% to $4.35 billion, falling short of consensus estimates by $470 million. Looking ahead, management reaffirmed its full-year 2026 core EPS guidance of $5.90 to $6.20 and reiterated its confidence in achieving 5% to 7% core EPS growth annually through the 2025 to 2030 period.



  • Bristol-Myers Squibb Company (BMY) Reports Second Quarter Financial Results for 2026; BMY reported second-quarter non-GAAP EPS of $2.04, up 40% year over year and exceeding analyst expectations by $0.44. Revenue totaled $12.97 billion, up 5.7% from the prior-year period and $1.23 billion above estimates. For 2026, management raised its revenue guidance of $49.0–$50.0 billion and increased non-GAAP EPS guidance of $6.75–$7.00.


  • Altria Group, Inc. (MO) Reports 2026 Second-Quarter Results; reported second-quarter non-GAAP EPS of $1.48, representing a 2.8% increase year-over-year while missing analyst expectations by $0.02. Revenue rose 0.2% to $5.36 billion, coming in right in line with estimates. Looking ahead, management raised the lower end of its full-year 2026 guidance, now projecting adjusted diluted EPS in the range of $5.61 to $5.72—representing a growth rate of 3.5% to 5.5% compared to a base of $5.42 in 2025.


  • The Hershey Company (HSY) Reports Second-Quarter 2026 Financial Results; HSY reported second-quarter GAAP EPS of $2.11, marking a massive 628% increase year-over-year and beating analyst expectations by $0.74. Revenue rose 6.9% to $2.79 billion, comfortably exceeding estimates by $160 million. Reflecting this strong performance, management raised its full-year 2026 outlook, now projecting adjusted diluted EPS growth of 32.5% to 35%, up from its prior guidance of 30% to 35% growth compared to 2025.


  • Air Products and Chemicals, Inc. (APD) Reports Fiscal 2026 Third Quarter Results; APD reported third-quarter non-GAAP EPS of $3.47, marking a 12% increase year-over-year and beating analyst expectations by $0.13. Revenue rose 4.6% to $3.16 billion, though it missed consensus estimates by $40 million. Building on its performance, management raised its full-year fiscal 2026 outlook to project adjusted EPS between $13.39 and $13.49, while also issuing fourth-quarter guidance of $3.55 to $3.65 per share.


  • Power Corporation of Canada (TSE:POW) Reports Second Quarter 2026 Financial Results; POW reported second-quarter adjusted EPS of C$1.55, representing an increase from C$1.38 in the prior-year period and exceeding analyst expectations by C$0.02. As of June 30, 2026, adjusted net asset value per share had risen to C$112.94, an increase of 31.7% from the end of 2025. Book value per participating share also improved to C$37.74, compared with C$36.31 at December 31, 2025.


  • Pembina Pipeline Corporation (TSE:PPL) Reports Results for the Second Quarter of 2026; For the second quarter, PPL reported non-GAAP EPS of C$0.66—rising from C$0.58 a year earlier but missing analyst expectations by C$0.09. Revenue grew 20.1% year-over-year to C$2.15 billion, comfortably beating consensus estimates by C$207.0 million. Looking ahead, management reaffirmed its full-year 2026 adjusted EBITDA guidance range of $4.35 billion to $4.55 billion.


  • TC Energy Corporation (TRP) Reports Second Quarter Results; TRP reported second-quarter non-GAAP EPS of C$0.94, representing a 14.6% increase from the prior-year period and exceeding analyst expectations by C$0.09. Comparable EBITDA improved to C$2.9 billion from C$2.6 billion in the same quarter last year. Looking ahead, management expects both comparable EBITDA and comparable EPS to increase in 2026, with comparable EBITDA forecast in the range of C$11.6 billion to C$11.8 billion.


  • Final Approval Received for Emera Incorporated’s (EMA) Sale of New Mexico Gas Company; EMA announced it has received final approval from the New Mexico Public Regulation Commission (NMPRC) for the sale of New Mexico Gas Company (NMGC) to Bernhard Capital Partners (Bernhard). The sale, with an estimated aggregate transaction value of approximately $1.25 billion USD, was first announced in August 2024. The sale will result in after-tax net proceeds of between $650-$700 million USD, which will be used to support investment opportunities including across Emera's regulated utility businesses and repaying company debt.


July 31, 2026


  • Dominion Energy, Inc. (D) Announces Second-Quarter 2026 Results; D reported second-quarter non-GAAP EPS of $0.79, representing 5.3% year-over-year growth and a $0.11 beat versus analyst expectations. Revenue increased 17.6% to $4.48 billion, exceeding estimates by $390 million. Management reaffirmed its full-year 2026 operating earnings guidance of $3.45–$3.69 per share, implying a midpoint of $3.57.


  • Brookfield Renewable (BEP, BEPC) Reports Second Quarter 2026 Results; BEP reported second-quarter funds from operations (FFO) of $0.62 per unit, marking a 10.7% increase year over year and beating analyst expectations by $0.01. Meanwhile, revenue reached $1.71 billion—up 1.2% from the previous year, though it fell short of estimates by $80 million.


  • Chevron Corporation (CVX) Reports Second Quarter 2026 Results; CVX reported second-quarter non-GAAP EPS of $6.06, up 242% year over year and $0.49 above analyst expectations. Revenue increased 56.2% to $70.0 billion, exceeding estimates by $9.62 billion. Capital expenditures in the second quarter of 2026 were higher than a year earlier, primarily due to spending on legacy Hess assets, partially offset by lower investment in the Permian Basin.


  • AbbVie Inc. (ABBV) Reports Second-Quarter 2026 Financial Results; ABBV reported second-quarter non-GAAP EPS of $3.65, up 22.9% year over year and $0.04 above analyst expectations. Revenue increased 10.2% to $16.99 billion, exceeding estimates by $230 million. Management updated its 2026 adjusted diluted EPS guidance to a range of $13.87 to $14.07, compared with its previous guidance of $13.91 to $14.11.


  • General Dynamics Corporation's (GD) Mission Systems unit received a $229.7M contract modification from the U.S. Navy. The contract covers the procurement of 188 additional Hammerhead units and eight support equipment sets.


  • Eaton Corporation plc (ETN) Reports Second Quarter 2026 Results; ETN reported second-quarter non-GAAP EPS of $2.11, representing a 15.9% decline from the prior-year period and falling $0.97 short of analyst expectations. Revenue grew 21.3% year over year to $8.53 billion, surpassing consensus estimates by $370 million. The company delivered strong backlog growth, with total backlog increasing 43% in the Electrical segment and 28% in the Aerospace segment. Looking ahead, management expects full-year 2026 organic growth of 11% to 13% and adjusted EPS in the range of $13.40 to $13.60.


  • T. Rowe Price Group, Inc. (TROW) Reports Second Quarter 2026 Results; TROW reported second-quarter non-GAAP EPS of $2.57, representing a 14.7% increase from the prior-year period and exceeding analyst expectations by $0.05. Revenue grew 11.0% year over year to $1.91 billion, although it fell $10 million short of consensus estimates. During the second quarter of 2026, assets under management (AUM) increased by $183.7 billion to $1.9 trillion.


  • Magna International Inc. (MGA) Announces Second Quarter 2026 Results; MGA reported second-quarter non-GAAP EPS of $1.86, representing 29% year-over-year growth and a $0.33 beat versus analyst expectations. Revenue increased 3.5% to $11.0 billion, exceeding estimates by $260 million. Management updated its 2026 outlook, projecting total sales of $41.3–$42.5 billion and adjusted diluted EPS of $6.70–$7.30.



  • TELUS Corporation (TSE:T) Reports Financial Results for Second Quarter 2026; T reported second-quarter adjusted EPS of C$0.16, compared with C$0.22 in the prior-year period and below analyst expectations of C$0.20. Revenue declined 3.0% year over year to C$4.92 billion, falling short of the consensus estimate of C$5.05 billion. Looking ahead, management lowered its full-year consolidated service revenue guidance, now expecting results to range from flat to a 2% decline. The company also announced a 55% reduction in its quarterly dividend, lowering the payout from C$0.4184 to C$0.1875 per share.


  • Enbridge Inc. (ENB) Reports Second Quarter Results; ENB reported a second-quarter non-GAAP EPS of C$0.63—down 3.1% year over year, yet beating analyst expectations by C$0.03. Distributable cash flow (DCF) reached C$2.9 billion, matching results from 2025. Furthermore, management reaffirmed its full-year 2026 financial guidance, projecting adjusted EBITDA between C$20.2 billion and C$20.8 billion and DCF per share ranging from C$5.70 to C$6.10.


  • Fortis Inc. (FTS) Releases Second Quarter 2026 Results; FTS reported adjusted EPS of C$0.78, matching the previous year's figure while beating analyst expectations by C$0.02. Revenue rose 4.1% to C$2.93 billion. Looking ahead, the company expects ongoing rate base expansion to drive long-term earnings growth, supporting its guidance to increase dividends by 4% to 6% annually through 2030.



Articles that caught my attention:





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