Nordea Bank Abp Plans Dividend of $0.98 (OTCMKTS:NRDBY)

Nordea Bank Abp (OTCMKTS:NRDBY) announced a dividend on Thursday, January 30th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.9791 per share on Monday, April 7th. The ex-dividend date of this dividend is Monday, March 24th.

Nordea Bank Abp Stock Down 2.0 %

Shares of OTCMKTS:NRDBY opened at $13.99 on Friday. The firm has a market capitalization of $48.84 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 0.88 and a beta of 0.94. The business has a 50 day simple moving average of $12.83 and a two-hundred day simple moving average of $11.93. Nordea Bank Abp has a 1 year low of $10.30 and a 1 year high of $14.57. The company has a debt-to-equity ratio of 6.03, a current ratio of 1.27 and a quick ratio of 1.29.

Nordea Bank Abp (OTCMKTS:NRDBY) last issued its quarterly earnings results on Monday, February 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. On average, equities analysts predict that Nordea Bank Abp will post 1.4 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NRDBY. Barclays reissued an “overweight” rating on shares of Nordea Bank Abp in a research note on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Nordea Bank Abp in a research report on Friday, March 7th.

About Nordea Bank Abp

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.