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SKSBF - Skanska Q2 2020: Skanska Stabilizes 160 Of Its Projects Don't
Skanska AB
I was curious when the time came to look at my construction company stakes - of which there are two major ones, both domiciled in Sweden. Skanska (SKSBF) is by far the largest of these two, and as such merits the initial attention.
The stake is almost 5% of my portfolio and has been a reliable and positive dividend payor for years - unfortunately, and in line with most European stocks, the company cut this recently due to COVID-19.
Let's look why the market considers 2Q20 such a dud.