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:
January 28, 2026
€83.25 – The
Bank of Nova Scotia (BNS)€68.71 –
Canadian Imperial Bank of Commerce (CM)
January 30, 2026
€11.82 – LTC
Properties, Inc. (LTC)
Week 5: Total net
dividends €163.79
Dividend
income is reported after the deduction of taxes. Check more at my
Monthly
Dividend
sheet.
Portfolio Holdings
News:
January 26, 2026
H2O
America (HTO) Announces 2026 Dividend Increase; The Board of
Directors of HTO has declared a quarterly cash dividend of $0.44 per
share payable on March 2, 2026, to all shareholders of record at the
close of business on Feb. 9, 2026. The March dividend will represent
a 4.8% increase over the dividend paid in December 2025. The 2026
annualized dividend is expected to be $1.76 per share compared with
$1.68 per share in 2025.
Eaton
Corporation plc (ETN) Announces Plan to Spin off Its Mobility Group;
ETN announced that it intends to pursue a separation of its Vehicle
and eMobility segments into an independent, publicly traded company.
ETN expects to complete the anticipated spin-off by the end of the
first quarter of 2027. The planned separation is expected to be
completed in a manner that is tax-free to Eaton shareholders for U.S.
federal income tax purposes.
January 27, 2026
Texas
Instruments Incorporated (TXN) Reports Q4 2025 and 2025 Financial
Results; TXN reported fourth-quarter GAAP EPS of $1.27, down 2%
year-over-year and $0.04 below analyst expectations. Revenue
increased 10.2% year-over-year to $4.42 billion, missing estimates by
$20 million. For the first quarter, management expects revenue in the
range of $4.32 billion to $4.68 billion and earnings per share
between $1.22 and $1.48.
NextEra
Energy, Inc. (NEE) Reports Fourth-Quarter and Full-Year 2025
Financial Results; NEE reported fourth-quarter non-GAAP EPS of
$0.54, which beat analyst expectations by $0.01 and represented a
1.9% year-over-year increase. Revenue rose a strong 20.6% to $6.5
billion, though it missed consensus estimates by $290 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.
Kimberly-Clark
Corporation (KMB) Reports Fourth Quarter 2025 Financial Results;
KMB reported fourth-quarter non-GAAP EPS of $1.86, up 24%
year-over-year and $0.06 above analyst expectations. Revenue declined
0.5% to $4.08 billion, missing estimates by $10 million. Looking
ahead to 2026, management expects adjusted operating profit to grow
at a mid-to-high single-digit rate on a constant-currency basis.
Adjusted EPS from continuing operations is projected to grow at a
double-digit rate, driven primarily by an approximately 30% increase
in income from equity companies compared to 2025.
Kimberly-Clark
Corporation (KMB) Declares Dividend Increase; The board of
directors of KMB has declared an increase in its regular quarterly
dividend to $1.28 per share, up from $1.26 previously. The dividend
is payable in cash on April 2, 2026, to stockholders of record at the
close of business on March 6, 2026.
RTX
Corporation (RTX) Reports 2025 Results and Announces 2026 Outlook;
RTX reported fourth-quarter non-GAAP EPS of $1.55, representing a 1%
year-over-year increase and beating analyst expectations by $0.08.
Revenue climbed 12.1% year-over-year to $24.24 billion, exceeding
estimates by $1.53 billion. The company’s total backlog expanded to
$268 billion, including $161 billion in commercial orders and $107
billion in defense orders, underscoring strong demand and long-term
revenue visibility. Looking ahead to 2026, management provided the
following guidance: Adjusted revenue $92.0–$93.0 billion, Organic
sales growth 5%–6% and Adjusted EPS $6.60–$6.80.
United
Parcel Service, Inc. (UPS) Releases 4Q 2025 Earnings and Provides
2026 Guidance; UPS reported fourth-quarter non-GAAP EPS of $2.38,
down 13.5% year-over-year but $0.18 above analyst expectations.
Revenue totaled $24.5 billion, exceeding estimates by $490 million,
despite a 3.2% decline from the same period last year. Looking ahead,
for full-year 2026, UPS expects consolidated revenue of approximately
$89.7 billion and a non-GAAP adjusted operating margin of about 9.6%.
Union
Pacific Corporation (UNP) Reports Fourth Quarter and Full Year 2025
Results; UNP reported fourth-quarter non-GAAP EPS of $2.86, down
3.4% year over year and $0.01 below analyst expectations. Revenue
totaled $6.09 billion, a 0.2% year-over-year decline and $30 million
below consensus estimates. Looking ahead, management guided for
mid-single-digit earnings per share growth, which they stated remains
consistent with achieving their three-year CAGR target of
high-single-digit to low-double-digit EPS growth through 2027.
Air
Products and Chemicals, Inc. (APD) Increases Quarterly Dividend;
The Board of Directors of APD has increased the quarterly dividend on
the Company’s common stock to $1.81 per share, 1.1% increase from
prior dividend of $1.79, marking the 44th consecutive year of
dividend increases. The dividend is payable on May 11, 2026 to
shareholders of record at the close of business on April 1, 2026.
Metro
Inc. (TSE:MRU) Reports First Quarter 2026 Results; MRU reported
first-quarter non-GAAP EPS of C$1.16, reflecting a 5.5%
year-over-year increase, though it came in C$0.04 below analyst
expectations. Revenue rose 3.3% year over year to C$5.29 billion,
slightly exceeding the consensus estimate of C$5.28 billion. Earnings
were adjusted for a negative impact of C$15.9 million (or C$21.6
million before taxes) related to direct costs from the temporary
shutdown of its frozen food distribution centre in Toronto.
Metro
Inc. (TSE:MRU) Increases Quarterly Dividend; The Board of
Directors of MRU declared a quarterly dividend of $0.4075 per share,
an increase of 10.1% versus last year’s quarterly dividend.
January 28, 2026
Tele2
AB (TEL2) Reports Fourt Quarter 2025 Results; TEL2 reported
fourth-quarter 2025 results, with EPS of SEK 1.77, up from SEK 1.40
in the same period last year and above analyst expectations. Net
profit increased to SEK 1,226 million from SEK 971 million a year
earlier. Revenue rose 4.4% year-over-year to SEK 8.0 billion, beating
the consensus estimate of SEK 7.85 billion. Free cash flow to equity
declined to SEK 777 million, compared with SEK 808 million in the
prior-year quarter. The Board of Directors proposed a dividend of
SEK 10.50 per share for 2025, up from SEK 6.35 the previous year.
Looking ahead, management guides for low- to mid-single-digit organic
growth in underlying EBITDA in 2026, with service revenues from end
customers expected to grow at a low single-digit rate.
Unilever
PLC (AMS:UNA) Sells Its Home Care Business in Colombia and Ecuador;
UNA has today announced that it has signed an agreement to sell its
Home Care business in Colombia and Ecuador to Alicorp. The
transaction includes a portfolio of well-established local brands in
Colombia and Ecuador such as Fab, 3D, Aromatel, and Deja.
AT&T
Inc. (T) Reports Fourth-Quarter and Full-Year 2025 Financial Results;
T reported fourth-quarter Non-GAAP EPS of $0.52, up 20.9%
year-over-year and $0.05 above analyst expectations. Revenue totaled
$33.5 billion, increasing 3.7% year-over-year and beating estimates
by $620 million. Mobility service revenue grew 2.4%, supported by
421,000 postpaid phone net additions during the quarter. Free cash
flow improved to $4.2 billion, compared with $4.0 billion a year
earlier. Looking ahead, management’s long-term outlook for
2026–2028 includes adjusted EPS of $2.25 to $2.35 in 2026, with a
double-digit three-year CAGR through 2028, and free cash flow of $18
billion+ in 2026, $19 billion+ in 2027, and $21 billion+ in 2028.
Eversource
Energy (ES) Increases Quarterly Dividend; The Board of Trustees
of ES approved a quarterly dividend of $0.7875 per share, 4.7%
increase from prior dividend of $0.7525, payable on March 31, 2026,
to shareholders of record as of the close of business on March 5,
2026.
Starbucks
Corporation (SBUX) Reports Q1 Fiscal Year 2026 Results; SBUX
reported first-quarter Non-GAAP EPS of $0.56, down 19% year over year
and $0.06 below analyst expectations. Revenue increased 6% to $9.92
billion, beating estimates by $260 million. Global comparable store
sales rose 4%, driven by a 3% increase in comparable transactions and
a 1% increase in average ticket. During the quarter, the company
opened 128 net new stores, ending the period with 41,118 stores, of
which 52% are company-operated and 48% licensed. For 2026, management
guides global and U.S. comparable store sales growth of 3% or
greater, with consolidated net revenue growth at a similar rate, and
Non-GAAP EPS in the range of $2.15 to $2.40.
General
Dynamics Corporation (GD) Reports Fourth-Quarter and Full-Year 2025
Financial Results; GD reported fourth-quarter GAAP EPS of $4.17,
up 0.5% year-over-year and $0.06 above analyst expectations. Revenue
rose 7.8% to $14.38 billion, surpassing estimates by $620 million.
The company’s total estimated contract value, representing the sum
of all backlog components, reached $179 billion at year-end,
reflecting a 24% increase compared to a year earlier.
January 29, 2026
Telia
Company AB (TELIA) Q4 Interim Report; TELIA reported
fourth-quarter EPS of SEK -0.33, compared with SEK -0.13 in the
prior-year period. Revenue totaled SEK 21,300 million, broadly in
line with estimates and up 1.6% year over year. Free cash flow
improved significantly to SEK 2.397 billion, compared with SEK 404
million in the comparison period. Management raised its full-year
free cash flow outlook to around SEK 8 billion, up from prior
guidance of approximately SEK 7.5 billion. For 2025, the Board of
Directors proposes a dividend of SEK 2.05 per share (up from SEK
2.00), subject to approval at the Annual General Meeting on April 9,
2026.
Nordea
Bank Abp (NDA) Reports Fourth-Quarter Results; NDA reported
fourth-quarter EPS of €0.34, up 6.3% year over year and €0.01
above analyst expectations. Revenue totaled €2,948 million, beating
estimates by €28 million despite a 0.2% year-over-year decline. Net
interest income came in at €1,765 million, down 5% year over year
but €12 million above expectations. The bank’s Common Equity Tier
1 (CET1) ratio stood at 15.7% at quarter-end, compared with 15.9% in
the prior quarter. NDA’s Board of Directors proposed a 2025
dividend of €0.96 per share, up from €0.94 for 2024. For 2026,
management guides for a return on equity above 15% and a
cost-to-income ratio (excluding regulatory fees) of around 45%.
NCC
AB (NCC) to build new office space for BAE Systems Hägglunds in
Örnsköldsvik; NCC has secured an additional project for BAE
Systems Hägglunds in Örnsköldsvik, Sweden. It relates to the
construction of new modern office and work space. The value of the
new contract is approximately SEK 250 million and it will be
implemented in partnering form.
NCC
AB (NCC) signs contract to expand district heating network in Herlev,
Denmark; Vestforbrænding has selected NCC as turnkey contractor
for a major expansion of the district heating network in Herlev near
Copenhagen. The contract comprises part of the country’s largest
civil engineering project. The order value is approximately SEK 700
million.
Brookfield
Infrastructure (BIP, BIPC) Reports 2025 Year-End Results; BIP
reported 2025 funds from operations (FFO) of $3.32 per unit,
representing a 6% increase year-over-year and in line with analyst
expectations. Revenue for the year totaled $23.1 billion, rising 9.8%
from the prior year and exceeding estimates by $2.4 billion.
Brookfield
Infrastructure (BIP, BIPC) Increases Quarterly Dividend; The
Board of Directors of BIPC has declared a quarterly dividend of
$0.455 per share, 5.8% increase from prior dividend of $0.430,
payable on March 31, 2026 to shareholders of record as at the close
of business on February 27, 2026.
Altria
Group, Inc. (MO) Reports 2025 Fourth-Quarter and Full-Year Results;
MO reported fourth-quarter Non-GAAP EPS of $1.30, representing a 0.8%
year-over-year increase but missing analyst expectations by $0.02.
Revenue declined 0.4% to $5.08 billion, yet beat estimates by $50
million. Looking ahead, management expects to deliver full-year 2026
adjusted diluted EPS in the range of $5.56 to $5.72, implying 2.5% to
5.5% growth from the 2025 base of $5.42.
Lockheed
Martin Corporation (LMT) Reports Fourth Quarter and Full Year 2025
Financial Results; LMT reported fourth-quarter non-GAAP EPS of
$5.80, compared with $2.22 in the year-earlier quarter and $0.05
above analyst expectations. Revenue totaled $20.32 billion, up 9.1%
year-over-year and exceeding estimates by $460 million. The company
ended 2025 with a record backlog of $194 billion. For 2026,
management forecasts sales of $77.5 billion to $80.0 billion, diluted
EPS of $29.35 to $30.25, cash from operations of $9.15 billion to
$9.45 billion, and free cash flow of $6.5 billion to $6.8 billion.
L3Harris
Technologies, Inc. (LHX) Reports Fourth Quarter 2025 Results; LHX
reported fourth-quarter non-GAAP EPS of $2.86, representing a 10%
year-over-year increase and $0.10 above analyst expectations. Revenue
totaled $5.6 billion, up 1.8% year over year and $160 million ahead
of estimates. Looking ahead to 2026, management guides revenue of
$23.0 billion to $23.5 billion, diluted EPS of $11.30–$11.50, and
free cash flow of approximately $3.0 billion.
Visa
Inc. (V) Reports Fiscal First Quarter 2026 Results; V reported
first-quarter Non-GAAP EPS of $3.17, up 15% year-over-year and $0.03
above analyst expectations. Revenue increased 14.6% to $10.9 billion,
exceeding estimates by $210 million. For Q2, Management expects
non-GAAP, adjusted constant-dollar basis, EPS growth in the high end
of low double digits, net revenue growth in the low double digits,
and operating expense growth in the mid-teens.
January 30, 2026
Verizon
Communications Inc. (VZ) Reports Fourth Quarter 2025 Results; VZ
reported fourth-quarter non-GAAP EPS of $1.09, down 0.9%
year-over-year but $0.03 above analyst expectations. Revenue rose
2.0% to $36.4 billion, beating estimates by $200 million. Wireless
equipment revenue totaled $8.2 billion, up 9.1% year-over-year. For
2026, management guides total mobility and broadband service revenue
growth of 2% to 3% (approximately $93 billion), adjusted EPS of $4.90
to $4.95 (representing 4% to 5% year-over-year growth), and free cash
flow of $21.5 billion or more, up approximately 7% or higher from
2025.
Verizon
Communications Inc. (VZ) Increases Quarterly Dividend; The Board
of Directors of VZ declared a quarterly dividend of $0.7075 per
share, 2.5% increase from prior dividend of $0.69, payable on May 1,
2026 to stockholders of record of at the close of business on April
10, 2026.
Brookfield
Renewable (BEP, BEPC) Reports 2025 Results; BEP reported
fourth-quarter funds from operations (FFO) of $0.51 per unit,
representing a 10.9% increase year-over-year, but missing analyst
expectations by $0.01. Revenue for the quarter totaled $1.54 billion,
up 7.7% from the prior year and exceeding estimates by $120 million.
Brookfield
Renewable (BEP, BEPC) Increases Quarterly Dividend; The Board of
Directors of BEPC has declared a quarterly dividend of $0.392 per
share, 5.1% increase from prior dividend of $0.373, payable on March
31, 2026 to shareholders of record as at the close of business on
February 27, 2026.
Chevron
Corporation (CVX) Reports Fourth Quarter 2025 Results; CVX
reported fourth-quarter Non-GAAP EPS of $1.52, a 26.2% decline
year-over-year, but $0.08 above analyst expectations. Revenue
decreased 10.3% from the same period last year to $46.87 billion, yet
still surpassed estimates by $210 million.
Chevron
Corporation (CVX) Increases Quarterly Dividend; CVX’s Board of
Directors declared a 4 percent increase in the quarterly dividend
tone dollar and seventy-eight cents ($1.78) per share, payable March
10, 2026, to all holders of common stock as
shown on the transfer records of the corporation at the close of
business on February 17, 2026.
US
Navy Selects L3Harris Technologies, Inc. (LHX) Red Wolf for Precision
Attack Strike Munition Program; LHX has been selected by the U.S.
Naval Air Systems Command to develop, test and manufacture Red Wolf™
vehicles for the Marine Corps’ Precision Attack Strike Munition
program. L3Harris’ Red Wolf systems will fill a gap in modern
warfare with long-range precision weapons capabilities.
Air
Products and Chemicals, Inc. (APD) Reports Fiscal 2026 First Quarter
Results; APD reported first-quarter non-GAAP EPS of $3.16, up 10%
year-over-year and $0.12 above analyst expectations. Revenue
increased 5.8% to $3.1 billion, beating estimates by $50 million.
Management maintained fiscal 2026 full-year adjusted EPS guidance of
$12.85 to $13.15 and second-quarter fiscal 2026 adjusted EPS guidance
of $2.95 to $3.10.
LyondellBasell
Industries N.V. (LYB) Reports Fourth Quarter 2025 Earnings; LYB
reported fourth-quarter 2025 non-GAAP EPS of -$0.26, compared with
$0.77 in the prior-year period. Revenue declined 25.4% year-over-year
to $7.09 billion, but still exceeded analyst expectations by $270
million. Looking ahead, management raised the target for its Cash
Improvement Plan to $1.3 billion by the end of 2026, up from the
previous target of $1.1 billion.
Canadian
National Railway Company (TSE:CNR) Announces Fourth Quarter and
Year-End Results; CNR reported adjusted earnings of C$2.08 per
share for the quarter ended December 31, up from C$1.82 in the same
period last year and beating analyst expectations by C$0.10. Revenue
increased 2.3% year-over-year to C$4.46 billion, in line with analyst
forecasts. For 2026, management expects flattish volume growth in
terms of RTMs and guides that adjusted diluted EPS growth will
slightly exceed volume growth.
Canadian
National Railway Company (TSE:CNR) Announces Dividend Increase;
CNR’s Board of Directors also approved a first-quarter 2026 dividend
of C$0.9150 per common share,3.1% increase from prior dividend of
C$0.887 will be paid on March 31, 2026, to shareholders of record at
the close of business on March 10, 2026.
Articles that
caught my attention:
Undervalued
Dividend Growth Stock of the Week: Broadridge Financial Solutions
(BR) by Jason Fieber at Daily Trade AlertDividend
Aristocrats List for 2026 by Dividend Growth InvestorRTX
Corporation’s Current Valuation Makes It An Imprudent Investment
by Charles Fournier at Financial Freedom Is A JourneyDividend
Harvesting Portfolio Week 256: $25,600 Allocated, $2,749 In Projected
Dividends by Steven Fiorillo at Seeking AlphaEnergy,
Infrastructure, Private Capital, and the Debasement Trade—Investment
Themes for 2026 Part 2 by Mike at The Dividend Guy BlogADP
– The Current Valuation Is The Most Attractive It Has Been In Years
by Charles Fournier at Financial Freedom Is A JourneyEssential
Utilities: A Quality Dividend Grower To Buy Now by Kody’s
Dividends at Seeking Alpha5
Best Natural Gas Stocks, Ranked In Order by Bob Ciura at Sure
DividendMicrosoft:
The Market Has Lost Its Mind by Jonathan Weber at Seeking AlphaDefense
Contract Risk Sharing Should Benefit Lockheed Martin by Charles
Fournier at Financial Freedom Is A JourneyWhy
Dividend Stocks Are Essential For What Comes Next by Leo Nelissen
at Seeking Alpha2026
Blue Chip Stocks List | 7 Best Blue Chips To Invest In by Bob
Ciura at Sure Dividend
Thanks for
stopping by!