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:
September 23, 2024
€17.94 –
Dominion Energy, Inc. (D)€3.71 –
Kontoor Brands, Inc. (KTB)€29.79 –
Flowers Foods, Inc. (FLO)
September 24, 2024
€9.15 – Metro
Inc. (TSE:MRU)
September 26, 2024
€14.27 –
QUALCOMM Incorporated (QCOM)
Week 39: Total net
dividends €74.87
Dividend
income is reported after the deduction of taxes. Check more at my
Monthly
Dividend
sheet.
My Portfolio’s
Transactions:
September 19,
2024
I doubled my
holding in CNQ and purchased 100 shares of Canadian Natural
Resources (TSE:CNQ) at C$44.18 per share plus commission.
At today’s
exchange rate, that purchase 100 shares of CNQ will increase €102.72
of my expected annual net dividend income. With purchase price $44.18
plus commission (C$12.02) my yield on cost is 4.55%. After this
acquisition, CNQ’s weight of my portfolio is about 0.84% and its
share of future annual dividend income is approximately 0.92%.
Portfolio Holdings
News:
September 23,
2024
General Dynamics
Land Systems Inc., a unit of General Dynamics Corporation (GD), has
secured a $103.62 million firm-fixed-price contract for tools and
equipment to support initial fielding of the M10 Booker vehicles.
Collins Aerospace,
a business of RTX Corporation (RTX) has
secured a $279.59 million modification to a firm-fixed-price,
indefinite-delivery/indefinite-quantity contract (N0042123D0001).
September 24,
2024
Masdar
to Acquire Saeta from Brookfield Renewable (BEP, BEPC) for $1.4
Billion; UAE-based clean energy company Masdar on Tuesday
reported the proposed acquisition of Saeta Yield from Brookfield
Renewable together with its institutional partners for an implied
enterprise value of $1.4 billion. Closing of the transaction is
subject to customary approvals and is expected to occur around the
end of 2024.
September 25,
2024
NN
Group (AMS:NN) to sell its Turkish business to Zurich Türkiye;
NN announces that it has reached an agreement to sell its Turkish
operations to Zurich Türkiye. The transaction is subject to
regulatory and antitrust approvals and is expected to close
ultimately in the first quarter of 2025.
McDonald’s
Corporation (MCD) Raises Quarterly Dividend; MCD’s Board of
Directors declared a quarterly cash dividend of $1.77 per share, 6%
increase from prior dividend of $1.67, payable on December 16, 2024
to shareholders of record at the close of business on December 2,
2024.
Raytheon Missile
Defense, Arizona, a unit of RTX Corporation (RTX) has
secured a $126.20 million firm-fixed-price contract for Stinger
missiles, ancillary equipment and support.
September 26,
2024
NCC
AB (NCC) to continue work on SSAB’s new facility in Oxelösund;
NCC is constructing a new industrial building for fossil-free
steelmaking in Oxelösund on behalf of SSAB. The project is now
entering the next production phase valued at approximately SEK 400
million.
Visa
Inc. (V) to Acquire Featurespace; V announced it has signed a
definitive agreement to acquire Featurespace, a developer of
real-time artificial intelligence (AI) payments protection technology
that prevents and mitigates payments fraud and financial crime risks.
The terms of the transaction were not disclosed and the transaction
is expected to close in 2025.
Fortis
Inc. (TSE:FTS) Announces New $26 Billion Five Year Capital Outlook
and 4% Increase in Fourth Quarter Dividend; FTS unveiled
2025-2029 capital plan of $26 billion, $1 billion higher than prior
plan; 6.5% average annual rate base growth through 2029. The common
share dividend declared of $0.615 per share, payable on December 1,
2024 to shareholders of record at the close of business on November
18, 2024, represents an approximate 4.2% increase in the quarterly
dividend, marking 51 consecutive years of increased dividends.
September 27,
2024
Lockheed Martin
Missiles and Fire Control (LMT) was
awarded $3.23B firm-fixed-price, undefinitized contract action
for a joint air-to-surface standoff missile and long-range anti-ship
missile large lot procurement. LMT has also been awarded a
not-to-exceed $358.4M firm-fixed-price undefinitized contract action
modification to a previously awarded contract for Lot 8b of
long-range anti-ship missiles.
Articles that
caught my attention:
Undervalued
Dividend Growth Stock of the Week: Skyworks Solutions (SWKS) by
Jason Fieber at Daily Trade AlertJumbo
rate cut spurs stocks, on the Sunday Reads by Dale Roberts at Cut
the Crap InvestingWhy
Comcast Is A Long-Term Investor’s Dream Stock Right Now by Gen
Alpha at Seeking AlphaThe
Best Investment in AI (based on Valuation and Growth Potential)
by Chuck Carnevale of FAST Graphs at Daily Trade AlertBNS
Stock – Has Bank of Nova Scotia Finally Turned a Corner? by
Dylan Callaghan at StocktradesSelling
Your Winners Is A Winning Strategy In Retirement by Dale Roberts
at Seeking AlphaEssex,
Realty Income, and Federal Realty: The Three Dividend Aristocrat
REITs by Bob Ciura at Dividend PowerDiversification
by Dividend Growth InvestorBad
News For Dividend Investors Who Are Still In The Accumulation Phase
by Roberts Berzins at Seeking AlphaHow
to Improve Your Investor’s Skills – Vero at DSR [Podcast] by
Mike at The Dividend Guy BlogIf
I Were To Retire, I’d Buy These 3 Dividend Stocks Without Hesitation
by Leo Nelissen at Seeking AlphaHow
To Calculate Expected Total Return For Any Stock by Ben Reynolds
at Sure DividendIs
Fortis Stock a Slam Dunk Buy on Rate Declines? by Dylan
Callaghan at StocktradesWhy
Berkshire Hathaway Belongs In Your Dividend Portfolio Despite No
Payout by Frederik Mueller at Seeking AlphaConsider
Investing In Asset Managers by Charles Fournier at Financial
Freedom Is A Journey
Thanks for
stopping by!