Nordea Bank Abp (OTCMKTS:NRDBY) Announces $0.98 Dividend

Nordea Bank Abp (OTCMKTS:NRDBY) declared a dividend on Thursday, January 30th, NASDAQ Dividends reports. Stockholders 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 Price Performance

Shares of OTCMKTS NRDBY opened at $13.99 on Friday. The stock’s 50-day simple moving average is $12.83 and its 200-day simple moving average is $11.93. 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. Nordea Bank Abp has a fifty-two week low of $10.30 and a fifty-two week high of $14.57. The company has a debt-to-equity ratio of 6.03, a quick ratio of 1.29 and a current ratio of 1.27.

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

Analyst Ratings Changes

NRDBY has been the topic of a number of research reports. Barclays restated an “overweight” rating on shares of Nordea Bank Abp in a research report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Nordea Bank Abp in a report on Friday, March 7th.

Nordea Bank Abp Company Profile

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.