KBCSF - KBC Group: Get A 5.6% Dividend From One Of Europe's Safest Banks

Introduction

In my previous article on Belgium’s KBC Group (OTCPK:KBCSF) (OTCPK:KBCSY), a diversified bank/insurance group with a strong position in Belgium and Central Europe (Slovakia, Czech Republic, Hungary and Bulgaria), I was very positive on the bank's strong capital position as its Common Equity Tier 1 ratio was among the best of the European banks. That, combined with a 5% dividend yield (which has now been hiked to almost 6%), made KBC Group very appealing.

Source: Yahoo Finance

Considering the bank’s main listing is on Euronext Brussels, I’d strongly recommend