A bit of a shorter 5-Bullet Sunday this week, because I’ve been tremendously busy. I had to do a lot of garden work, so there wasn’t a lot of time for me to sit behind my Laptop.
Nevertheless, I hope that you enjoy the content!
Dividends: All Day, Every Day 💪
5-Bullet Sunday is a weekly blog post with 5 topics that were on my mind this week related to Financial Independence and Dividend Growth Investing or something that just fed my curiosity. An overview of earlier posts can be found here
🌟 Where are most of the European Q3 earnings reports?
I was wondering this week why so many European companies only publish a trading update in Q3 2020 and not a full quarterly earnings report.
So I did some research and it just became clear to me. The below quote on the website from the European Commission clarified it all:
The transparency directive (2004/109/EC) requires issuers of securities traded on regulated markets within the EU to make their activities transparent, by regularly publishing certain information.
The information to be published includes:
– yearly and half-yearly financial reports
– major changes in the holding of voting rights
– ad hoc inside information which could affect the price of securities
This information must be released in a manner that benefits all investors equally across Europe.
The transparency directive was amended in 2013 by Directive 2013/50/EU to:
– reduce the administrative burden on smaller issuers, particularly by abolishing the requirement to publish quarterly financial reports.
– improve the efficiency of the transparency system, particularly regarding publishing information on voting rights held through derivatives.
Myth busted 💪
🌟 Last Week Earnings
Engineer My Freedom and I have discussed our reflection on the earnings in our latest Dividend Talk Podcast. You can listen it via YouTube or one of your favorite podcast platforms (Apple, Spotify, Google, Anchor) 👇
🌟 Upcoming Earnings
Last week was a busy week, but this one definitely as well! Should we announce a second #DividendDay?
Stocks emphasized in bold are proud members of the Noble 30 index. All links will lead you to the quarterly earnings report page so that you can straightaway see the results after they’ve been announced.
- 26-Oct-2020: SAP SE ($ETR:SAP), Hasbro ($HAS)
- 27-Oct-2020: Novartis ($SWX:NOVN), Chubb ($CB), Campari Group ($BIT:CPR), 3M ($MMM), Aflac ($AFL), Caterpillar ($CAT), Microsoft ($MSFT)
- 28-Oct-2020: GlaxoKlineSmith ($GSK), General Dynamics ($GD), Visa ($V), United Parcel Service ($UPS)
- 29-Oct-2020: Sodexo ($EPS:SW), Sanofi ($EPA:SAN), Fresenius Medical Care ($ETR:FME), Energias de Portugal ($EDP), Apple ($APPL), Starbucks ($SBUX),
- 30-Oct-2020: Wolters Kluwer ($AMS:WKL), Total SA ($EPA:FP), Novo-Nordisk ($CPH:NOVO-B), Abbvie ($ABBV), Altria Group ($MO), ExxonMobil ($XOM), Colgate-Palmolive ($CL), Chevron ($CVX)
Which is the one that you’re looking forward to?
🌟 Recommended Reads
My first recommendation would be to sign-up for Investment Talk’s newsletter. Investment Talk has a free version and a paid version. Honestly, if you don’t have the time to do your own homework, but if you would love to receive high quality content then I believe that his pricing is very attractive. Just look at one of his latest free article about SPIE Group, an European electrical and mechanical engineering company. His quality is suburb.
If you’re still in your early 20’s then I’m having a challenge for you. Would you be able to get financially free within 3 years? The famous Mr Money Mustache just published an article in which he describes a person who was able to retire at the age of 27 by following a househacking strategy. Challenge accepted?
The discussion about investing in growth stocks versus dividend stocks will probably last forever. Usually I get a bit tired about those discussions, because often I feel that I’m asked to make a choice between either one of those. Having said that, I read this week a refreshing and well written article from Retire Before Dad who exactly touched upon this topic.
🌟 Recommended Video
How about watching something with the other halve this week? I’m going to watch this week The Founder which is a biography of McDonald’s. It’s currently available on Netflix.
I didn’t watch it yet, so I probably shouldn’t call it a recommended video. But hey, I wanted to stay consistent with the 5th bullet title 😉
That’s it for the week. I hope that you enjoyed this week’s 5-Bullet Sunday 🙏
As always, have a lovely week ahead!
PS: don’t forget that every comment = 1 Euro to Kiva.
Yours Truly,
European Dividend Growth Investor
Disclaimer
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. I’m a person who believes and takes pride in a sense of freedom, satisfaction, fulfillment and empowerment that I get from being financially competent and being conscious managing my personal money. The contents on this blog are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my blog is appropriate for you or anyone else. By reading this blog, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information provided on this blog.
