Nordea Bank Abp (NRDBY) to Issue Dividend of $0.98 on April 7th

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 is Monday, March 24th.

Nordea Bank Abp Stock Performance

Shares of NRDBY stock opened at $13.99 on Friday. Nordea Bank Abp has a one year low of $10.30 and a one year 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. The firm has a market capitalization of $48.84 billion, a price-to-earnings ratio of 9.03, a price-to-earnings-growth ratio of 0.88 and a beta of 0.94. The company has a 50 day moving average price of $12.83 and a 200 day moving average price of $11.93.

Nordea Bank Abp (OTCMKTS:NRDBY) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. Sell-side analysts anticipate that Nordea Bank Abp will post 1.4 EPS for the current year.

Wall Street Analyst Weigh In

NRDBY has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Nordea Bank Abp in a report on Friday, March 7th. Barclays reissued an “overweight” rating on shares of Nordea Bank Abp in a research note on Monday, February 3rd.

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.