Week in Review 42/26

 

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:

October 12, 2026

• €22.57 – Illinois Tool Works Inc. (ITW)

October 13, 2026

• €22.53 – Global X SuperDividend ETF (SDIV)

October 15, 2026

• €23.89 – Cardinal Health, Inc. (CAH)
• €35.26 – Main Street Capital Corporation (MAIN)
• €43.63 – W. P. Carey Inc. (WPC)
• €33.85– Realty Income Corporation (O)

October 16, 2026

• €78.74 – Tele 2 AB (TEL2)
• €11.15 – South Bow Corporation (SOBO)
• €29.85 – Algonquin Power & Utilities Corp. (AQN)

Week 42 Total net dividends €301.47

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

Portfolio Holdings News:

October 12, 2026

• Telia Company AB (TELIA) proposes further localization of operations and targets SEK 1 billion in annual gross savings; TELIA announced plans to bring its operations closer to local markets, targeting annual gross savings of SEK 1 billion. The efficiency measures are expected to result in one-time costs of approximately SEK 600 million in the fourth quarter of 2026, but should improve free cash flow in the longer term, starting in 2028. As part of the restructuring, the company plans to cut approximately 900 jobs. Management reiterated its financial targets for the current year and the medium term.

• T. Rowe Price Group, Inc. (TROW) Reports Month-End Assets Under Management For September 2026; TROW announced September month-end assets under management of $1.86 trillion. Net outflows for September 2026 were $12.2 billion, including a large defined contribution target date outflow. Net outflows for the quarter-ended September 2026 were $28.3 billion. Quarterly net flows include $1.2 billion of manager-driven distributions.

October 13, 2026

• AT&T Inc. (T) to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings; T has reached an agreement to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to certain adjustments, plus additional contractual and contingent benefits.

• Johnson & Johnson (JNJ) Reports Q3 2026 Results; JNJ reported third-quarter non-GAAP EPS of $2.59, down 7.5% year over year but exceeding analyst expectations by $0.06. Revenue increased 5.8% year over year to $25.4 billion, in line with consensus estimates. Looking ahead, the company raised its fiscal 2026 guidance, now expecting reported sales of approximately $101.7 billion, representing 6.9% growth at the midpoint, and adjusted operational EPS of $10.95–$11.05.

• Lockheed Martin Corporation (LMT) secured a $117.1M IDIQ U.S. Army contract for post-production support of Generation II radar frequency interferometers used on Apache attack helicopters.

• RTX Corporation (RTX) secured an $8B maximum-ceiling contract from the U.S. Air Force Nuclear Weapons Center. The contract is to modernize strategic communications terminals, restart production, and conduct technical studies. The 10-year contract runs through October 12, 2036, with work in Marlborough, Massachusetts, and Largo, Florida.

• RTX Corporation's (RTX) Raytheon awarded $729 million in counter-drone contracts for U.S., Qatar, and Jordan; Raytheon, an RTX business, was awarded $729 million to deliver critical components of the LIDS counter-drone system to the U.S. Army, Qatar and Jordan. LIDS – or the Low, slow, small, unmanned aircraft Integrated Defeat System – incorporates Raytheon's Ku-band Radio Frequency Sensor (KuRFS) and the Coyote® effector. These are the first international sales of KuRFS and Coyote.

October 14, 2026

• Kesko Corporation’s (KESKO) Sales in September; KESKO’s sales continued to grow in September, increasing by 4.8% overall. Sales rose across all three divisions. Grocery trade sales increased by 2.2%, while building and technical trade sales grew by 5.3% on a comparable basis, driven by particularly strong growth in technical trade, which rose by 8.7%. In car trade, sales increased across new and used cars as well as services, resulting in overall car trade sales growth of 12.3%.

October 15, 2026

• Nordea Bank Abp (NDA) Reports Third-Quarter Results 2026; NDA reported third-quarter EPS of €0.35, representing a 3% decrease from the prior-year period and matching analyst expectations. Revenue rose 2% year over year to €2.97 billion, missing consensus estimates by €11 million. Net interest income grew 1% to €1.78 billion, falling €6 million short of expectations. The bank's Common Equity Tier 1 (CET1) ratio remained stable at 15.8% at the end of the quarter. Looking ahead, management reiterated its 2026 guidance for a return on equity above 15% and a cost-to-income ratio of 44–45%.

• NCC AB (NCC) to construct swim center and bowling alley in Örkelljunga, Sweden; NCC and Örkelljunga Municipality have signed an agreement to construct a new swim center and bowling alley in Örkelljunga. In the first phase, the parties have jointly planned, designed and budgeted the project, which will now transition to the construction phase. The project is a turnkey partnering contract with an order value of approximately SEK 250 million.

• NCC AB (NCC) to construct school and preschool in Helsinki; NCC has been commissioned by the City of Helsinki to refurbish and upgrade a heritage-listed elementary school and a preschool in central Helsinki. The order value is approximately SEK 170 million.

• Prudential Financial, Inc. (PRU) Estimates $140M Hit to Q3 Earnings from Japan; PRU estimated that the suspension of sales at Prudential Japan will reduce its Japan businesses’ third-quarter 2026 adjusted operating income before tax by approximately $140 million.

• Main Street Capital Corporation (MAIN) Announces Preliminary Estimate of Third Quarter 2026 Operating Results; MAIN provided preliminary estimates for the third quarter of 2026, projecting net investment income (NII) of $0.87–$0.91 per share, distributable net investment income (DNII) of $0.94–$0.98 per share, and DNII before taxes of $0.96–$1.00 per share. The company also estimated net asset value (NAV) of $34.18–$34.26 per share as of September 30, 2026, representing an increase of $0.26–$0.34 per share, or 0.8%–1.0%, from $33.92 per share as of June 30, 2026. This increase reflects the change in NAV after accounting for the supplemental dividend of $0.30 per share paid in September 2026.

Articles that caught my attention:

• Undervalued Dividend Growth Stock of the Week: Ameren (AEE) by Jason Fieber at Daily Trade Alert
• Six ways to lower your taxes in retirement by Dale Roberts at Cut the Crap Investing
• 10 Dividend Growth Stocks: October 2026 by FerdiS at Seeking Alpha
• 10 Best Blue Chip Stocks Now by Nikolaos Sismanis at Sure Dividend
• I Ranked Canada’s Construction Stocks (There Are Some Bargains Here) by Dan Kent at Youtube
• The AI Bubble's Biggest Problem by Samuel Smith at Seeking Alpha
• 10 Falling knives or 10 buy opportunities? by Dividend Guy at Youtube
• 10 Best High Dividend Stocks For The Next 10 Years by Nikolaos Sismanis at Sure Dividend
• Verizon: Rarely Is Income This Cheap; We Added $1420 Of Income by The Value Portfolio at Seeking Alpha
• SpaceX Starlink Mobile Crushes AT&T & Verizon Stock! Buy or Sell? by Dividend Diplomats at Youtube
• Why Does Stella-Jones Stock Keep Going Down? by Mike at The Dividend Guy Blog
• Where to Find Durable Dividends in Today’s Stock Market by Dan Lefkovitz at Morningstar
• VICI Properties: Why I'm Buying The Tumble by Jussi Askola, CFA at Seeking Alpha
• Abbott Laboratories (ABT) Dividend Stock Analysis by D4L at Dividend Growth Stocks

Thanks for stopping by!