Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management segments. The Personal Banking segment provides various financial services to household customers through internet and mobile banking, over the phone, online meetings, and branch offices. The Business Banking segment offers payments, cash management, cards, working capital management, and finance solutions to corporate and personal customers. The Large Corporates and Institutions segment provides financing, cash management and payment, investment banking, and securities services, as well as capital market products to corporate and institutional customers. The Asset and Wealth Management segment offers investment, savings, and risk management solutions to high net worth individuals and institutional investors. This segment also offers life and pensions products and services. The company was founded in 1820 and is headquartered in Helsinki, Finland.
Nordea Bankp Dividend Announcement
• Nordea Bankp announced a annually dividend of $0.99 per ordinary share which will be made payable on 2024-04-10. Ex dividend date: 2024-03-22
• Nordea Bankp annual dividend for 2024 was $0.99
• Nordea Bankp annual dividend for 2023 was $0.87
• Nordea Bankp's trailing twelve-month (TTM) dividend yield is 8.81%
• Nordea Bankp's payout ratio for the trailing twelve months (TTM) is 64.42%
• Nordea Bankp's dividend growth over the last five years (2018-2023) was 0.67% year
• Nordea Bankp's dividend growth over the last ten years (2013-2023) was 6.98% year
Nordea Bankp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | $0.99 | annually | 2024-04-10 |
2023-03-24 | $0.87 | annually | 2023-04-10 |
2022-03-25 | $0.78 | annually | 2022-04-11 |
2021-10-04 | $0.83 | annually | 2021-10-19 |
2021-02-19 | $0.08 | annually | 2021-03-08 |
2020-05-15 | $0.45 | annually | 2020-06-02 |
2020-03-26 | $0.45 | annually | 2020-04-10 |
2019-03-29 | $0.78 | annually | 2019-04-23 |
2018-03-16 | $0.84 | annually | 2018-04-02 |
2017-03-16 | $0.69 | annually | 2017-04-03 |
2016-03-17 | $0.71 | annually | |
2015-03-19 | $0.69 | annually | |
2014-03-21 | $0.59 | annually | |
2013-03-15 | $0.45 | annually |
Nordea Bankp Dividend per year
Nordea Bankp Dividend growth
Nordea Bankp Dividend Yield
Nordea Bankp current trailing twelve-month (TTM) dividend yield is 8.81%. Interested in purchasing Nordea Bankp stock? Use our calculator to estimate your expected dividend yield:
Nordea Bankp Financial Ratios
Nordea Bankp Dividend FAQ
Other factors to consider when evaluating Nordea Bankp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nordea Bankp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nordea Bankp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nordea Bankp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nordea Bankp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nordea Bankp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nordea Bankp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nordea Bankp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nordea Bankp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nordea Bankp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.