DNBHF - 5% Dividend From One Of The World's Safest Banks
DNB (OTCPK:DNBHF) (OTCPK:DNHBY) is, for those unfamiliar, the largest financial services group in Norway. Global Financial Magazine ranked DNB as the 39th safest bank globally in 2017. The ranking was based on the long-term foreign currency ratings issued by Fitch Ratings, Standard & Poor's and Moody's Investors Service. According to the European Banking Authority, DNB has the greatest resilience to adverse economic shocks among a peer group of 51 European banks.
Source: European Banking Authority
We published our first article on DNB in August 2016. We were arguing that the stock’s