News

Johnson & Johnson (JNJ): The U.S. military has offered to provide some Johnson & Johnson’s (J&J) JNJ.N coronavirus vaccines for South Korean troops, the defence ministry said on Monday, as South Korea struggles with a shortage of COVID-19 shots. The offer came days before President Moon Jae-in is due to visit Washington for his first summit with U.S. President Joe Biden, amid calls for Moon to secure more and faster deliveries of U.S.-made vaccines. https://www.msn.com/en-us/news/world/us-military-offers-jandj-vaccines-for-south-korean-troops/ar-BB1gP375Johnson & Johnson has cut by half expected deliveries of COVID-19 vaccines to the European Union this week, an EU official told Reuters on Monday, compounding supply problems the company has faced since it began shipping doses to the bloc in April. Under its contract with the EU, J&J has committed to shipping 55 million doses of its one-shot vaccine in the second quarter. But midway through the quarter, it had delivered less than 5 million doses, less than 10% of its target. https://www.reuters.com/world/europe/jj-cuts-vaccine-deliveries-eu-by-half-this-week-eu-source-2021-05-17/The GAVI Vaccine Alliance said on Friday it has agreed to buy 200 million doses of Johnson & Johnson’s COVID-19 vaccine, as it seeks to fill a big shortfall in the COVAX vaccine-sharing programme caused by India suspending exports. “As a one dose vaccine, the J&J vaccine has particular relevance for places with difficult infrastructure, making it a very important addition to the portfolio,” said GAVI CEO Seth Berkley said in a statement announcing the signing of an advanced purchase agreement with the U.S. drugmaker. https://www.reuters.com/business/healthcare-pharmaceuticals/gavi-signs-covid-19-vaccine-supply-deal-with-jj-2021-05-21/

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Dividend

* Telefonica (TEF) announced its next dividend of $0.17134 per share, bringing the company’s total payout over the last twelve months up 6.3%.* Old Republic (ORI) announced its next dividend of $0.22 per share, in line with the company’s previous payout.* Community Bank (CBU) announced its next dividend of $0.42 per share, in line with the company’s previous payout.* Orchid Island Capital (ORC) announced its next dividend of $0.065 per share, in line with the company’s previous payout.* MDU (MDU) announced its next dividend of $0.2125 per share,