SVNLF - Svenska Handelsbanken: Unique Bank And 5.5% Dividend Yield
Introduction:
Svenska Handelsbanken (from here only Handelsbanken) is one of the major banks in Scandinavia (and Europe). Its main listing is in Stockholm (SHB-A.ST), but you can also invest via the OTC market where the ADR ticker is SVNLY (SVNLF is thinly traded). SVNLY is very liquid with about 500,000 shares traded daily. It should not make any difference whether you own SHB-A.ST or SVNLY except for some minor differences. There are some small fees if you go via the OTC route. There will of course be SEK exposure either way, and the SEK