SAXPF - Nordea Cuts Dividend By 43%

This article serves as a quick update not only to Nordea (NRBAY) but in part to Sampo (SAXPF) (SAXPY) as well, as Nordea represents a significant amount of the cash coming into Sampo. Given that Nordea reported quarterly results this morning, and it brought with them not only a target payout ratio, but a target dividend, we now have a much better idea of what to expect going forward in this bank.

Let's take a look at Nordea again.

Nordea 3Q19 - Costs and negative Items affecting comparability,

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