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 20, 2026
€82.08– Philip
Morris International Inc. (PM)€43.67 – Bank
OZK (OZK)€19.74 –
Nutrien Ltd. (NTR)
July 22, 2026
€53.44 – Cisco
Systems, Inc. (CSCO)
July 23, 2026
€65.56 – Kesko
Corporation (KESKO)
Week 30: Total net
dividends €264.49
Dividend
income is reported after the deduction of taxes. Check more at my
Monthly
Dividend
sheet.
Portfolio Holdings
News:
July 20, 2026
BW
LPG Limited (BWLPG) announces sale of BW Levant; BWLPG announced
that it has agreed to sell the 2015-built Very Large Gas Carrier
(VLGC) BW Levant, which was acquired as part of the 2024 Avance Gas
acquisition, to an undisclosed buyer. The transaction is expected to
generate a net book gain of approximately US$17 million and net cash
proceeds of around US$38 million.
RTX
Corporation’s (RTX) Pratt & Whitney Canada awarded $1 billion
JPATS sustainment contract; Pratt & Whitney Canada, a unit of
RTX, has been awarded a nine-year contract valued at about $1 billion
to overhaul more than 750 engines used in the U.S. military’s T-6
trainer aircraft fleet. The contract was awarded by V2X Inc. (VVX)
under its T-6 Contractor Operated and Maintained Base Supply program,
which provides maintenance and sustainment support for the Joint
Primary Aircraft Training System, or JPATS.
RTX Corporation’s
(RTX) Missiles and Defense unit received
a $1.81B contract modification to produce the AN/SPY-6(V) Family of
Radars and related hardware. If all contract options are exercised,
the total contract value could increase to $3.39B.
July 21, 2026
Bank
OZK (OZK) Announces Second Quarter 2026 Earnings; OZK reported
second-quarter GAAP EPS of $1.49, beating analyst expectations by
$0.02 despite a 5.7% year-over-year decline. Revenue increased 0.5%
to $430.0 million but missed estimates by $6.1 million. Net interest
income totaled $392.1 million, up 1.7% from the first quarter of 2026
but down 1.2% from the second quarter of 2025. Provisions for credit
losses increased to $45.6 million, compared with $41.9 million in the
prior quarter and $35.2 million a year earlier.
Ally
Financial Inc. (ALLY) Reports Second Quarter 2026 Financial Results;
ALLY reported second-quarter non-GAAP EPS of $1.21, up 22% year over
year but $0.01 below analyst expectations. Revenue increased 10.7% to
$2.28 billion, exceeding estimates by $60 million. Return on common
equity (ROCE) improved to 11.0%, up approximately 20 basis points
from a year earlier, while the CET1 capital ratio increased to 10.1%,
also up around 20 basis points year over year. Provisions for credit
losses rose $46 million from the prior-year period to $430 million.
July 22 2026
Kesko
Corporation (KESKO) Interim Report Q2 2026; KESKO reported
second-quarter comparable EPS of €0.32, in line with analyst
expectations and up 10.3% year over year. Revenue increased 6.0% to
€3.38 billion, exceeding estimates by €51 million. Comparable
operating profit rose to €194 million from €177 million a year
earlier, beating analyst expectations of €191 million. Management
narrowed its 2026 guidance, now expecting comparable operating profit
of €670–730 million, compared with its previous outlook of
€650–750 million.
Tieto
Corporation (TIETO) Interim Report 2/2026; TIETO reported
second-quarter revenue of €426.6 million, compared with €463.1
million in the prior-year period and broadly matching analyst
expectations. EPS from continuing operations was €0.73, compared
with a loss of €0.52 per share a year earlier and significantly
above the consensus estimate of €0.34. Adjusted EBITA increased to
€63.4 million from €43.7 million in the same period last year.
Looking ahead, management expects full-year organic revenue growth of
-5% to -3% and an adjusted EBITA margin of 14.8% to 15.8%. The
organic growth guidance was revised on July 17 to reflect weaker
market conditions.
Tieto
Corporation (TIETO) to commence a new share buyback programme of €90
million; TIETO’s Board of Directors has resolved to commence a
new share buyback programme of €90 million related to the proceeds
from the divestment of Tieto Indtech’s Edlevo and HR&Payroll
software businesses. The Buyback Programme will follow the ongoing
€150 million programme, announced in February 2026, and share
repurchases for share-based incentives, announced earlier today.
AT&T
Inc. (T) Reports Second-Quarter 2026 Financial Results; T
reported second-quarter non-GAAP EPS of $0.65, up 20.4% year over
year and $0.06 above analyst expectations. Revenue increased 2.3% to
$31.56 billion but missed estimates by $250 million. Free cash flow
improved to $4.7 billion from $4.4 billion in the prior-year quarter.
Management reaffirmed its 2026 guidance, expecting adjusted EPS of
$2.25 to $2.35 and free cash flow of more than $18 billion.
Texas
Instruments Incorporated (TXN) Reports Second Quarter 2026 Financial
Results; TXN reported second-quarter GAAP EPS of $2.14,
representing a 52% increase from the prior-year period and exceeding
analyst expectations by $0.20. Revenue grew 22.7% year over year to
$5.46 billion, surpassing consensus estimates by $220 million.
Looking ahead, management guided for third-quarter revenue in the
range of $5.65 billion to $6.15 billion and earnings per share of
$2.23 to $2.57.
Kinder
Morgan, Inc. (KMI) Reports Second Quarter 2026 Financial Results;
KMI reported second-quarter non-GAAP EPS of $0.37, up 32% year over
year and $0.06 above analyst expectations. Revenue increased 10.9% to
$4.48 billion, exceeding estimates by $290 million. Management
reaffirmed its 2026 guidance, expecting adjusted EPS of $1.36,
representing 5% growth from 2025, and adjusted EBITDA of $8.6
billion, up 2% year over year.
Philip
Morris International Inc. (PM) Reports 2026 Second-Quarter Results;
PM reported second-quarter non-GAAP EPS of $2.20, representing a
15.2% increase from the prior-year period and exceeding analyst
expectations by $0.15. Revenue grew 10.4% year over year to $11.19
billion, surpassing consensus estimates by $550 million. Looking
ahead, management reiterated its 2026 targets for organic net revenue
growth of 5% to 7%, organic operating income growth of 7% to 9%, and
currency-neutral adjusted diluted EPS growth of 7.5% to 9.5%.
Reflecting current exchange rates, the company now expects a
favorable currency impact of approximately $0.15 per share, implying
adjusted diluted EPS of $8.26 to $8.41.
July 23, 2026
UPM-Kymmene
Corporation (UPM) Interim Report Q2 2026; UPM reported
second-quarter EPS of €0.32, up 88.2% year over year and €0.03
above analyst expectations. Revenue increased 1.7% to €2.44
billion, broadly in line with analyst estimates. The Board approved a
plan to demerge the Plywood business into a new listed company, with
an Extraordinary General Meeting to vote on the proposal scheduled
for August 31, 2026. For the second half of 2026, management expects
comparable EBIT from continuing operations to be in the range of
€375–575 million, excluding UPM Plywood, which is classified as
discontinued operations.
Lockheed
Martin Corporation (LMT) Reports Second Quarter 2026 Financial
Results; LMT reported second-quarter GAAP EPS of $7.94, up from
$1.46 in the prior-year period and $0.74 above analyst expectations.
Revenue increased 10.5% year over year to $20.06 billion, exceeding
estimates by $730 million. The company ended the quarter with a
record backlog of $230 billion, including the recently awarded
multi-year THAAD interceptor production contract. Management raised
its 2026 guidance, now expecting sales of $79.75 billion to $81.75
billion (previously $77.5 billion to $80.0 billion), diluted EPS of
$29.95 to $30.65 (previously $29.35 to $30.25), and free cash flow of
$7.0 billion to $7.2 billion (previously $6.5 billion to $6.8
billion).
General Dynamics
Corporation (GD) announced that its Electric Boat unit received
a $127.1M contract modification from the U.S. Navy to procure
long-lead materials for the Internal Communications System used in
Virginia-class submarines.
RTX
Corporation (RTX) Reports Q2 2026 Results; RTX reported
second-quarter non-GAAP EPS of $1.89, up 21% year over year and $0.23
above analyst expectations. Revenue increased 14.5% to $24.7 billion,
exceeding estimates by $1.82 billion. Total backlog rose to $289
billion, including $170 billion in commercial orders and $119 billion
in defense orders. Management raised its 2026 guidance, now expecting
adjusted revenue of $95.0 billion to $96.0 billion (previously $92.5
billion to $93.5 billion), organic sales growth of 8% to 9%
(previously 5% to 6%), adjusted EPS of $7.10 to $7.25 (previously
$6.70 to $6.90), and free cash flow of $8.50 billion to $8.75 billion
(previously $8.25 billion to $8.75 billion).
Union
Pacific Corporation (UNP) Reports Second Quarter 2026 Results;
UNP reported second-quarter non-GAAP EPS of $3.41, representing a 13%
increase from the prior-year period and exceeding analyst
expectations by $0.18. Revenue grew 11.5% year over year to $6.86
billion, surpassing consensus estimates by $150 million. Operating
revenue increased 12% to $6.9 billion, reflecting higher fuel
surcharge revenue, volume growth, core pricing gains, and increased
other revenue, partially offset by business mix. Looking ahead,
management indicated that EPS growth has improved to the
high-single-digit range, consistent with its target of achieving a
three-year compound annual growth rate in the high-single- to
low-double-digit range through 2027.
Digital
Realty Trust, Inc. (DLR) Reports Second Quarter 2026 Results; DLR
reported Q2 core FFO of $2.13 per share, representing a 13.9%
increase from the prior-year period and exceeding analyst
expectations by $0.15. Revenue grew 28.9% year over year to $1.92
billion, surpassing consensus estimates by $260 million. Looking
ahead, management increased its 2026 guidance, raising core FFO per
share (excluding net promote) to $8.15–$8.20 and constant-currency
core FFO per share (excluding net promote) to $8.10–$8.15.
Omega
Healthcare Investors, Inc. (OHI) Announces Increase in Quarterly
Dividend; OHI announced that the Company’s Board of Directors
declared a cash dividend of $0.68 per share, increasing the quarterly
dividend on its common stock by $0.01 per share over the previous
quarter. The dividend is payable Friday, August 14, 2026, to common
stockholders of record as of the close of business on Monday, August
3, 2026.
July 24, 2026
Neste
Corporation’s (NESTE) Interim report for April-June 2026; NESTE
reported second-quarter EPS of €1.00, compared with a loss of €0.05
per share in the same period last year and €0.10 above analyst
expectations. Comparable EBITDA increased to €1.20 billion from
€341 million a year earlier, exceeding the consensus estimate of
€1.12 billion. Revenue rose to €5.99 billion from €4.51 billion
in the prior-year period but fell short of the €6.21 billion
consensus estimate. For 2026, management expects Renewable Products
sales volumes to be approximately in line with 2025 levels, while Oil
Products sales volumes are projected to decline due to the planned
maintenance turnaround.
Verizon
Communications Inc. (VZ) Reports Second Quarter 2026 Results; VZ
reported second-quarter non-GAAP EPS of $1.30, up 6.6% year over year
and $0.03 above analyst expectations. Revenue declined 0.7% to $34.25
billion, missing estimates by $860 million. Wireless service revenue
also decreased 0.7% year over year to $20.8 billion. Management
raised its 2026 guidance, now expecting total mobility and broadband
service revenue growth to approach 3.0% in the third quarter and
approximately 4.0% in the fourth quarter, accelerating from the 2.8%
growth reported in the second quarter. The company also expects free
cash flow growth of 9% to 10% year over year and adjusted EPS of
$4.99 to $5.04, representing annual growth of 6% to 7%.
NextEra
Energy, Inc. (NEE) Reports Second-Quarter 2026 Financial Results;
NEE reported second-quarter non-GAAP EPS of $1.15, up 9.5% year over
year and $0.04 above analyst expectations. Revenue increased 12.4% to
$7.53 billion but missed consensus estimates by $640 million.
Management reaffirmed its 2026 adjusted EPS guidance of $3.92 to
$4.02 and reiterated its expectation of compound annual adjusted EPS
growth of at least 8% through 2032. The company also reaffirmed its
target of at least 8% annual adjusted EPS growth from 2032 through
2035, based on its 2025 adjusted EPS baseline of $3.71.
General Dynamics
Corporation (GD) announced that its Mission Systems unit won
a $400.4M cost-no-fee letter contract from the Space Development
Agency. The contract covers the development, testing, integration,
and long-term support of the ground segment software for the
Proliferated Warfighter Space Architecture Tranche Three program.
Canadian
National Railway Company (TSE:CNR) Reports Second Quarter Results;
CNR reported second-quarter non-GAAP EPS of C$2.08, up from C$1.87 in
the prior-year period and C$0.12 above analyst expectations. Revenue
increased 11.2% year over year to C$4.75 billion, exceeding estimates
by C$130 million. The operating ratio was 62.5%, up 80 basis points
from a year earlier, while the adjusted operating ratio was 62.2%, up
50 basis points. Management now expects low single-digit RTM growth
in 2026, compared with its previous assumption of flat growth
provided on January 30, 2026. The company also updated its outlook to
adjusted diluted EPS growth in the mid- to high-single-digit range,
compared with its previous expectation of slightly exceeding RTM
growth.
Articles that
caught my attention:
Undervalued
Dividend Growth Stock of the Week: Intuit (INTU) by Jason Fieber
at Daily Trade AlertAre
covered call ETFs good? by Bob at TawcanMcDonald’s:
I Just Bought The Stock Before It Becomes A Dividend King Yielding
2.78% by Steven Fiorillo at Seeking AlphaThe
Guy Who Called 2008 Says Canada’s Banks Are a Bubble – My Thoughts
by Dan Kent at YouTube4
Wall Street Darlings I Wouldn’t Touch With A Ten-Foot Pole by Leo
Nelissen at Seeking AlphaTelus
Stock: Can an 11% Dividend Turn This Story Around? by Mike at The
Dividend Guy BlogWhy
Dividend Investing Often Wins by Millennial Dividends at Seeking
AlphaBank
Of The Ozarks (OZK) Dividend Stock Analysis by D4L at Dividend
Growth StocksThe
Complete Guide to Retirement Income Strategies by Tammy Danan at
Dividend PowerWeekend
Reading – How to play the AI game by Mark at My Own Advisor
Thanks for
stopping by!