DNHBY - Danske: One Of The Best Income Plays In The European Banking Sector
Danske Bank (OTCPK:DNSKY) is a great income investment right now, due to its attractive valuation, high-dividend yield and the ongoing share buyback program.
Danske is the largest bank in Denmark, even though it also operates across other Nordic countries and the Baltics. It provides several financial services, including retail and commercial banking, insurance and asset management.
Danske has a market capitalization of about $27 billion and trades in the U.S. on the over-the-counter market. However, investors should be aware that its stock has much more liquidity in its primary listing in Copenhagen. The