Nordea informed today their new dividend policy and dividend for 2019. Dividend proposal was 0.40€ per share and in future, the plan is to distribute 60-70% of profits in dividend. The aim for continous dividend growth was removed from dividend policy. Not good. This is a big dividend cut from this years 0.69€ per share and future onlook is not good.Thursday, October 24, 2019
Nordea to cut dividend
Nordea informed today their new dividend policy and dividend for 2019. Dividend proposal was 0.40€ per share and in future, the plan is to distribute 60-70% of profits in dividend. The aim for continous dividend growth was removed from dividend policy. Not good. This is a big dividend cut from this years 0.69€ per share and future onlook is not good.
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