Progress update : June 2025

 Tbd

Status update : June 2025

 Tbd

Stora Enso initiates a strategic review of its Swedish forest assets

As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso's core packaging business. 

 As part of this review, Stora Enso will explore various options, including a potential separation and listing of the forest business through a partial demerger into a new company that would be wholly owned by all Stora Enso shareholders. This move aims to establish two robust and independent entities, each with heightened focus and strategic agility. Stora Enso would continue to lead in renewable packaging, with strong market positions and more flexible, integrated, and cost-competitive production. Meanwhile, the Swedish forest business would emerge as Europe's largest listed pure forest company, owning a unique class of assets with anticipated long-term value appreciation and potential for significant new revenue streams.

Following the recent agreement to divest approximately 175,000 hectares of Swedish forestland for an enterprise value of EUR 900 million, in line with book value, Stora Enso retains ownership of over 1.2 million hectares (1.0 million hectares of productive forestland) in Sweden, with a fair value of approximately EUR 5.8 billion as of 31 March 2025. While these assets are integral to Stora Enso's wood supply chain, they possess a distinct operational, financial, and strategic profile.

Stora Enso plans to provide an update on the strategic review by the end of 2025. All changes are subject to co-determination negotiations and other potential legal procedures in all impacted countries.

Dividend increase #33 of 2025 : W.P. Carey Inc.

W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.900 per share, equivalent to an annualized dividend rate of $3.60 per share. The dividend is payable on July 15, 2025 to stockholders of record as of June 30, 2025.

Dividend increase #32 of 2025 : Realty Income Corp.

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.2690 per share from $0.2685 per share. The dividend is payable on July 15, 2025, to stockholders of record as of July 1, 2025.

The new monthly dividend represents an annualized dividend amount of $3.228 per share as compared to the prior annualized dividend amount of $3.222 per share.

New purchase : Parex Resources Inc.

Started new position in portfolio by purchasing 100 shares of Parex Resources Inc. (TSE:PXT). Parex Resources is a Canadian oil and gas company with a focus on exploration and production in Colombia. It operates in the Llanos and Magdalena basins and is a leading independent land holder in the country. The company aims to responsibly develop conventional oil and gas resources to fuel social and economic growth. 

Parex Resource Inc. pays dividend with 3-6-9-12 schedule and my starting yield on cost is around 10.55%

Status update : May 2025

 Dividends received in May

- 18.20 from National_Bank_of_Canada 
- 24.40 from AT&T 
- 17.14 from Lowes Companies
- 49.51 from Verizon Communications
- 69.70 from Sampo 
- 13.13 from Nokia 
- 30.25 from Huhtamaki Oyj
- 11.43 from Aspo Oyj
- 21.92 from AGNC Investment
- 26.94 from National_Health_Investors 
- 52.26 from Emera Inc.
- 15.04 from Procter_&_Gamble 
- 86.00 from Bayerische Motoren_Werke
- 14.45 from NNN Reit_Inc
- 60.80 from Omega Healthcare
- 61.28 from AbbVie Inc.
- 22.32 from Realty Income
- 17.32 from EPR Properties
- 6.66 from First_National Financial
- 20.21 from Whitecap Resources
- 29.02 from Main Street
- 10.81 from Prospect Capital
- 159.06 from Mandatum Oyj
- 48.51 from Royal_Bank_of_Canada 
- 40.66 from Bank_of_Montreal 
- 12.57 from LTC Properties
- 37.20 from Arbor Realty_Trust
- 19.91 from Saratoga Investment
- 25.25 from Gladstone Investment_Corp
- 11.16 from Gladstone Commercial_Corp
- 23.36 from Gladstone Capital_Corp

This makes a total of 1072.07 in dividends received from 31 companies. Previous year I received 807.81 in May. This is a 32.71% change in dividends