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:
April 20, 2026
€41.50 – Bank
OZK (OZK)
April 21, 2026
€614.63 –
UPM-Kymmene Corporation (UPM)
April 22, 2026
€51.99– Cisco
Systems, Inc. (CSCO)
April 23, 2026
€54.39– Ahold
Delhaize N.V. (AMS:AD)
Week 17: Total net
dividends €762.50
Dividend
income is reported after the deduction of taxes. Check more at my
Monthly
Dividend
sheet.
My Portfolio’s
Transactions:
April 23, 2026
I purchased 15
shares of Automatic Data Processing, Inc. (ADP) at $196.50 per share
plus commission.
At today’s
exchange rate, this purchase is expected to increase my annual net
dividend income by approximately €64.83. Following this
acquisition, my portfolio now holds a total of 35 shares of Intact
Automatic Data Processing, with an average purchase price of $200.98
per share and a yield on cost of 2.38%.
After the
transaction, IFC represents approximately 0.70% of my portfolio by
weight and contributes about 0.62% to my projected annual dividend
income.
Portfolio Holdings
News:
April 20, 2026
RTX Corporation’s
(RTX) Raytheon Missiles & Defense (RTX) got
a $213.4M modification to a previously awarded U.S. Navy contract for
mission systems work on the Zumwalt-class destroyer program, the
Department of Defense said on Monday.
April 21, 2026
NCC
AB (NCC) signs framework agreement for paving work in Lund, Sweden;
NCC has signed a framework agreement with Lund Municipality and Lunds
Kommuns Fastighets AB (LKF) for asphalt paving. The agreement extends
over a maximum of four years with a total volume of approximately SEK
200 million.
RTX
Corporation (RTX) Reports Q1 2026 Results; RTX reported
first-quarter non-GAAP EPS of $1.78, representing a 21%
year-over-year increase and a $0.26 beat versus analyst expectations.
Revenue increased 8.9% to $22.1 billion, exceeding estimates by $630
million. Total backlog rose to $271 billion, comprising $162 billion
in commercial and $109 billion in defense orders. The company updated
its 2026 guidance, now projecting adjusted revenue of $92.5–$93.5
billion, organic sales growth of 5%–6%, and adjusted EPS of
$6.70–$6.90.
Bank
OZK (OZK) Announces First Quarter 2026 Earnings; OZK reported
first-quarter GAAP EPS of $1.44, beating analyst expectations by
$0.01 but declining 2% year over year. Revenue increased 2.1% to
$418.01 million, missing estimates by $4.49 million. Net interest
income totaled $385.6 million, up 3.0% from the first quarter of 2025
but down 5.3% from the fourth quarter of 2025. Provision for credit
losses decreased to $41.9 million, compared with $50.6 million in Q4
2025 and $38.4 million in the prior-year quarter.
Main
Street Capital Corporation (MAIN) Announces Follow-On Investment;
MAIN announced a follow-on investment in portfolio company UBM
ParentCo, with co-investor MSC Income Fund (MSIF) also participating.
MAIN’s portion of the new investment totaled $15.6 million in
senior secured debt.
April 22, 2026
Nordea
Bank Abp (NDA) Reports First-Quarter Results; NDA reported
first-quarter EPS of €0.36, up 3% year over year and €0.03 above
analyst expectations. Revenue totaled €2,910 million, beating
estimates by €35 million despite a 2% year-over-year decline. Net
interest income was €1,759 million, down 4% year over year but €16
million above expectations. The bank’s Common Equity Tier 1 (CET1)
ratio was 15.7% at quarter-end, unchanged from the prior quarter. For
2026, management guides for a return on equity above 15% and a
cost-to-income ratio (excluding regulatory fees) of around 45%.
Tele2
AB (TEL2) Reports First Quarter 2026 Results; TEL2 reported
first-quarter 2026 EPS of SEK 9.20, up from SEK 1.40 in the same
period last year. Revenue increased 1.3% to SEK 7,246 million (from
SEK 7,152 million), broadly in line with analyst consensus of SEK
7,253 million. Organic sales growth was 3%. Operating profit rose to
SEK 6,819 million (from SEK 1,315 million), with the operating margin
expanding to 94.1% (from 18.4%). The significant increase in profit
was driven by a SEK 5.1 billion capital gain related to the Baltic
tower company.
AT&T
Inc. (T) Reports First-Quarter 2026 Financial Results; T reported
first-quarter non-GAAP EPS of $0.57, up 11.8% year over year and
exceeding analyst expectations by $0.02. Revenue increased 2.8% to
$31.5 billion, beating estimates by $260 million. Free cash flow
totaled $2.5 billion, compared to $3.1 billion in the prior-year
quarter. For 2026, management continues to expect adjusted EPS of
$2.25 to $2.35 and free cash flow of more than $18 billion.
Texas
Instruments Incorporated (TXN) Reports First Quarter 2026 Financial
Results; TXN reported first-quarter GAAP EPS of $1.68,
representing a 31% year-over-year increase and a $0.32 beat versus
analyst expectations. Revenue increased 18.7% to $4.83 billion,
exceeding estimates by $300 million. Management provided
second-quarter guidance of $1.77–$2.05 in adjusted EPS, above the
$1.57 consensus estimate, and revenue of $5.0–$5.4 billion,
compared to the $4.86 billion estimate.
Kinder
Morgan, Inc. (KMI) Reports First Quarter 2026 Financial Results;
KMI reported first-quarter non-GAAP EPS of $0.48, up 41% year over
year and exceeding analyst expectations by $0.09. Revenue increased
13.9% to $4.83 billion, beating estimates by $280 million. For 2026,
management expects adjusted EPS of $1.36, representing 5% growth from
2025, and adjusted EBITDA of $8.6 billion, up 2% year over year.
Kinder
Morgan, Inc. (KMI) Raises Quarterly Dividend; KMI’s board of
directors approved a cash dividend of $0.2975 per share for the first
quarter, payable on May 15, 2026, to stockholders of record as of the
close of business on May 4, 2026. This dividend is a 2% increase over
the first quarter of 2025.
Philip
Morris International Inc. (PM) Reports 2026 First-Quarter Results;
PM reported first-quarter non-GAAP EPS of $1.96, representing 16%
year-over-year growth and a $0.13 beat versus analyst expectations.
Revenue increased 9.1% to $10.15 billion, exceeding estimates by $240
million. Management provided 2026 guidance for adjusted diluted EPS
of $8.36–$8.51.
General Dynamics
Corporation (GD) unit Bath Iron Works won
a $230.5M contract modification for work on Arleigh Burke-class
guided missile destroyers.
Metro
Inc. (TSE:MRU) Reports Second Quarter 2026 Results; MRU reported
second-quarter non-GAAP EPS of C$1.11, up 8.8% year over year and in
line with analyst expectations. Revenue increased 4.1% to C$5.11
billion, slightly exceeding the consensus estimate of C$5.08 billion.
April 23, 2026
Orion
Corporation (ORION) Interim report January–March 2026; ORION
reported first-quarter EPS of €0.64, representing a 47.4%
year-over-year increase but falling €0.02 short of analyst
expectations. Net sales for January–March were €418 million,
compared to €355 million in the prior-year period and slightly
below the €426 million consensus estimate. The company revised its
2026 outlook, increasing the revenue guidance range to €1,950–€2,100
million (previously €1,900–€2,100 million) and the operating
profit range to €600–€750 million (previously €550–€750
million).
NextEra
Energy, Inc. (NEE) Reports First-Quarter 2026 Financial Results;
NEE reported first-quarter Non-GAAP EPS of $1.09, which beat analyst
expectations by $0.06 and represented a 10.1% year-over-year
increase. Revenue rose 7.2% to $6.7 billion, though it missed
consensus estimates by $390 million. Looking ahead, management
reaffirmed its 2026 adjusted EPS guidance of $3.92 to $4.02 and
reiterated its expectation of 8%+ compound annual growth in adjusted
EPS through 2032, with the same growth target extending from 2032
through 2035, all based on the 2025 adjusted EPS baseline of $3.71.
Lockheed
Martin Corporation (LMT) Reports First Quarter 2026 Financial
Results; LMT reported first-quarter GAAP EPS of $6.44, down from
$7.28 in the prior-year period and $0.25 below analyst expectations.
Revenue totaled $18.02 billion, up 0.3% year over year but missing
estimates by $230 million. Management reaffirmed its 2026 outlook,
projecting sales of $77.5–$80.0 billion, EPS of $29.35–$30.25,
and free cash flow of $6.5–$6.8 billion.
Lockheed Martin
Corporation’s (LMT) business area, Lockheed Martin Aeronautics, won
a $177.5M contract modification for F-35 flight science aircraft
support.
General Dynamics
Corporation (GD) unit Electric Boat has secured
a $196.6M contract for submarine engineering, design, and technical
support for foreign military sales.
RTX Corporation
(RTX) has secured
a $369.9M modification to a fixed-price incentive contract for the
F135 propulsion program.
Union
Pacific Corporation (UNP) Reports First Quarter 2026 Results; UNP
reported first-quarter non-GAAP EPS of $2.93, representing an 8.5%
year-over-year increase and a $0.07 beat versus analyst expectations.
Revenue increased 3.2% to $6.22 billion but fell short of consensus
estimates by $10 million. Management provided guidance for
mid-single-digit EPS growth, consistent with achieving its three-year
CAGR target of high-single-digit to low-double-digit EPS growth
through 2027.
Digital
Realty Trust, Inc. (DLR) Reports First Quarter 2026 Results; DLR
reported Q1 core FFO of $2.04 per share, up 15.3% year over year and
$0.09 above expectations. Revenue rose 16.3% to $1.64 billion,
beating estimates by $40 million. The company raised its 2026 core
FFO outlook to $8.00–$8.10 ($7.95–$8.05 constant currency).
April 24, 2026
Telia
Company AB (TELIA) Interim report January – March 2026; TELIA
reported first-quarter EPS of SEK 0.42, down from SEK 0.53 in the
prior-year period. Service revenue totaled SEK 17,139 million,
broadly in line with estimates and up 2.1% year over year. Free cash
flow improved to SEK 1.9 billion, compared with SEK 1.7 billion in
the same period last year. Management raised its full-year free cash
flow guidance to around SEK 9 billion, up from approximately SEK 8
billion previously.
The
Procter & Gamble Company (PG) Announces Fiscal Year 2026 Third
Quarter Results; PG reported third-quarter non-GAAP EPS of $1.59,
up 3% year over year and exceeding expectations by $0.03. Revenue
increased 7.3% to $21.24 billion, beating estimates by $720 million.
Management maintained its fiscal 2026 outlook, expecting diluted EPS
growth of 1% to 6% versus fiscal 2025 EPS of $6.51, and core EPS
growth ranging from in line to up 4% versus fiscal 2025 core EPS of
$6.83.
Johnson
& Johnson (JNJ) Enters Agreement to Acquire Atraverse Medical;
JNJ has entered into a definitive agreement to acquire Atraverse
Medical, Inc., a privately-held medical device company pioneering
next-generation left-heart access and radiofrequency (RF) technology.
The transaction is expected to close in the second quarter of 2026,
subject to customary closing conditions. Financial terms of the
transaction are not being disclosed.
Articles that
caught my attention:
Undervalued
Dividend Growth Stock of the Week: Raymond James Financial (RJF)
by Jason Fieber at Daily Trade Alert10
Ideal Retirement Investments by Bob Ciura at Sure DividendGeopolitical
Conflicts? These Top Defense Stocks Could Provide Upside by Dan
Kent at Stocktrades CanadaThe
Top 10 BDCs: Which Is The Best Buy? by Robert & Sam Kovacs at
Seeking AlphaDanaher
Is Currently An Attractively Valued Long-Term Investment by
Charles Fournier at Financial Freedom Is A JourneyThe
Best Canadian Insurance Stocks: Which One Deserves Your Money? by
Mike at The Dividend Guy BlogIf
I Could Only Buy 2 Dividend Stocks For Potential Stagflation by
Samuel Smith at Seeking Alpha10
Best Dividend Growth Stocks Now by Bob Ciura at Sure DividendTop
25 High Dividend Stocks Yielding 4% to 10%+ by Simply Safe
Dividends10
Dividend Growth Stocks – April 2025 by FerdiS at Seeking AlphaArcher
Daniels Midland Company (ADM) Dividend Stock Analysis by D4L at
Dividend Growth StocksI
just did a thing – I retired in my early 50s by Mark at My Own
AdvisorMarket
Volatility Results In CME Group Reporting Record Results by
Charles Fournier at Financial Freedom Is A JourneyNorthrop
Grumman: Strategic Platforms Provide A Wide Moat by Dividend
Power at Seeking Alpha
Thanks for
stopping by!