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home / news releases / SVNLF - Svenska Handelsbanken: Expect A One-Time Outsized Dividend In 2021 For A 13% Yield

SVNLF - Svenska Handelsbanken: Expect A One-Time Outsized Dividend In 2021 For A 13% Yield

Svenska Handelsbanken
  • Svenska Handelsbanken had a reputation to defend, and passed the test: loan loss provisions are even lower than last year.
  • The net income decreased, but this was related to restructuring expenses.
  • The bank will not be calling a shareholders' meeting this year, but has already put the 2019 dividend aside for future payment.
  • I expect the bank to pay the 2019 and 2020 dividends in 2021, leading to a one-time dividend of 10-12 SEK/share.

For further details see:

Svenska Handelsbanken: Expect A One-Time Outsized Dividend In 2021 For A 13% Yield
Stock Information
Company Name: Svenska Handelsbanken
Stock Symbol: SVNLF
Market: OTC
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