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:
June 30, 2025
€26.21 –
Eversource Energy (ES)€75.87 –
Brookfield Renewable Corporation (BEPC)€114.80 –
Brookfield Infrastructure Corporation (BIPC)€18.70 – Union
Pacific Corporation (UNP)€56.51 – T.
Rowe Price Group, Inc. (TROW)€29.56 – Main
Street Capital Corporation (MAIN)€60.81 – Ares
Capital Corporation (ARCC)€92.88 –
Digital Realty Trust, Inc. (DLR)€12.02 – LTC
Properties, Inc. (LTC)€56.11 –
Pembina Pipeline Corporation (TSE:PPL)€20.56 –
Canadian National Railway Company (TSE:CNR)
July 1, 2025
€28.38 – UGI
Corporation (UGI)€90.42 –
PepsiCo, Inc. (PEP)€48.26 – The
Coca-Cola Company (KO)
July 2, 2025
€10.33 –
Kimberly-Clark Corporation (KMB)€73.30 – TELUS
Corporation (TSE:T)
July 3, 2025
€95.69 –
Canadian Natural Resources Limited (TSE:CNQ)
Week 27: Total net
dividends €910.42
Dividend
income is reported after the deduction of taxes. Check more at my
Monthly
Dividend
sheet.
My Portfolio’s
Transactions:
June 30, 2025
I purchased 45
shares of Essential Utilities, Inc. (WTRG) at $36.75 per share plus
commission.
At today’s
exchange rate, that purchase 45 shares of WTRG will increase €37.77
of my expected annual net dividend income. Following this
acquisition, the portfolio now contains a total of 135 Essential
Utilities shares at an average purchase price of $36.43 and yield on
cost is 3.57%. After this acquisition, WTRG ’s weight of my
portfolio is about 0.61% and its share of future annual dividend
income is approximately 0.50%.
I purchased 25
shares of Eversource Energy (ES) at $63.00 per share plus commission.
At today’s
exchange rate, that purchase 25 shares of ES will increase €47.63
of my expected annual net dividend income. Following this
acquisition, the portfolio now contains a total of 80 Eversource
Energy shares at an average purchase price of $59.20 and yield on
cost is 5.08%. After this acquisition, ES ’s weight of my portfolio
is about 0.62% and its share of future annual dividend income is
approximately 0.68%.
Portfolio Holdings
News:
June 30, 2025
NCC
AB (NCC) to construct new police station in Örnsköldsvik, Sweden;
NCC has been commissioned by Kåpan Fastigheter to construct a new
police station for the Swedish Police Authority in Örnsköldsvik,
Sweden. The project is a turnkey contract with an order value of
approximately SEK 440 million, and completion is scheduled during
2028.
The
Home Depot, Inc. (HD) Enters Into Agreement for SRS Distribution to
Acquire GMS; HD has entered into a definitive agreement for its
specialty trade distribution subsidiary, SRS Distribution Inc. to
acquire GMS Inc., a leading North American specialty building
products distributor. Under the terms of the merger agreement, a
subsidiary of SRS will commence a cash tender offer to purchase all
outstanding shares of GMS common stock for $110 per share, reflecting
a total equity value of approximately $4.3 billion and implying a
total enterprise value (including net debt) of approximately $5.5
billion.
AbbVie
Inc. (ABBV) to Acquire Capstan Therapeutics; ABBV has agreed to
acquire clinical-stage biotechnology company Capstan Therapeutics for
up to $2.1 billion in cash.
General Dynamics
Corporation’s (GD) Land Systems has
secured a $150 million contract from the U.S. Department of
Defense for the Abrams Engineering Program.
July 1, 2025
Telia
Company AB (TELIA) completes divestment of TV & Media; TELIA
has closed the sale of its TV & Media business to Schibsted,
first announced on February 25, at an enterprise value of SEK 6.55
billion on a cash and debt-free basis. Through a multi-year
distribution partnership, Telia will continue to include TV4 and
MTV’s content in its award-winning consumer TV offerings.
Lockheed Martin
Corporation’s (LMT) Rotary and Mission Systems unit was awarded
a 10-year contract with a ceiling of $2.97B to upgrade the Aegis
ballistic missile defense combat system
Bank
OZK (OZK) Increased Quarterly Dividend; OZK announced its Board
of Directors declared a quarterly cash dividend on the Bank’s
common stock of $0.44 per share, up $0.01, or 2.33% from the prior
quarter. The common stock dividend is payable on July 18, 2025 to
shareholders of record as of July 11, 2025.
July 2, 2025
Main
Street Capital Corporation (MAIN) Announces Follow-On Portfolio
Investment; MAIN announced that it recently completed a follow-on
portfolio investment to facilitate the minority recapitalization of
its existing portfolio company, Flame King Holdings, LLC, a leading
supplier of propane storage solutions and accessories. Main Street
funded $66.0 million of first-lien, senior secured term debt to
complete the recapitalization and also provided Flame King with a
revolving line of credit to support the Company’s ongoing growth
initiatives and working capital needs. Main Street initially invested
in Flame King in October 2021.
July 3, 2025
AbbVie Inc. (ABBV)
said
it will incur a negative impact of $0.42 to GAAP and non-GAAP diluted
earnings per share in Q2 due to acquired IPR&D and milestones
expense of $823M. As a result, the company now sees Q2 adjusted
diluted earnings per share of $2.84-$2.88. As a result, the company
now sees Q2 adjusted diluted earnings per share of $2.84-$2.88 and
said that its full-year EPS guidance range is now $11.67-$11.87.
July 4, 2025
NCC
AB (NCC) commissioned by Swedish Fortifications Agency; NCC has
been commissioned by the Swedish Fortifications Agency to conduct a
construction project in northern Sweden. The order value is
approximately SEK 300 million.
Articles that
caught my attention:
Undervalued
Dividend Growth Stock of the Week: Nordson (NDSN) by Jason Fieber
at Daily Trade AlertGlobal
portfolios are up nicely in the first half of 2025. Plus, the Sunday
Reads by Dale Roberts at Cut the Crap InvestingThis
Changes Everything: One Of The Most Important Shifts For Dividend
Investors by Leo Nelissen at Seeking Alpha10
Best Dividend Stocks For The Long Run by Bob Ciura at Sure
Dividend3
Reasons To Avoid Dividend Stocks In H2 2025 by Samuel Smith at
Seeking AlphaREITs
Under Pressure – How to Invest Wisely in Real Estate Stocks: A
Guide [Podcast] by Mike at The Dividend Guy BlogFrom
the Oil Patch to Your Portfolio: Canada’s Most Compelling Energy
Stocks by Dan Kent at Stocktrades CanadaPepsi:
Buyer Beware, The Warning Signs Are There by Dividendology at
Seeking AlphaMy
Biggest Moves Ever: Why I Just Flipped My Dividend Portfolio On Its
Head by Leo Nelissen at Seeking AlphaWe
Love Memberships, Don’t We? By DivGuy at Dividend MonkWill
Realty Income Cut Its Dividend? by Jussi Askola, CFA at Seeking
AlphaRoadmap
to Build a Dividend Growth Portfolio from Scratch (Without Getting
Overwhelmed) by Mike at The Dividend Guy BlogNine
Dividend Achiever Banks Raising Dividends After Passing the Fed’s
Stress Tests by Dividend Growth Investor
Thanks for
stopping by!