Buy the dip shopping spree continues. Nordea was on my published shopping list so it was natural candidate to follow TeliaSonera AB. On October 15th I bought 100 shares for 9,225 EUR per share. Previous dividend was 0.43 EUR per share which would increase my annual dividend income by 43 EUR.
Company profile from http://www.reuters.com/finance/stocks/companyProfile?symbol=NDA.ST
Nordea Bank AB (the Bank) is a Sweden-based bank engaged in corporate merchant banking, as well as retail banking and private banking. The Bank reports three main business areas, namely Retail Banking, Wholesale Banking and Wealth Management. Retail Banking offers a range of banking products and services to household and corporate customers in the Nordic markets, as well as in Poland and the Baltic countries. Wholesale Banking provides banking and other financial solutions to large Nordic and international corporate, institutional and public companies. Wealth Management provides investment, savings and risk management products, manages customers’ assets and advises individuals, as well as institutional investors on their financial situation. In April 2014, the Company sold Nordea Polish bank, life and finance businesses to PKO Bank Polski. In July 2014, it completed divestment of its shares in Nets Holding.
General Electric wasn’t on the published list but it happened to drop below 24 USD on the same day so I bought 50 shares for 23,96 USD per share. Quarterly paid dividend has been 0,22 USD per share which would increase my annual dividend income by 44 USD. GE really needs no introduction but one can be found from here: http://www.reuters.com/finance/stocks/companyProfile?symbol=GE.N