Bifogade filer
The Nordea share is an excellent high-yield instrument
Prenumeration
The theme of higher interest rates favours value stocks, including banks. We find Nordea’s stock interesting among the Nordic banks, with a yield of almost 7%.
As central banks maintain a hawkish tone on policy rates, investors will look for stable stocks with good yields, we argue. The Nordic banks are in a good position, given that the market is an oligopoly. The recent rise in interest rates has given them opportunities to increase lending margins.
We find Nordea to be the most attractive of the Nordic bank shares. Nordea has a broad Nordic exposure in its operations, giving a stable earnings capacity. The share yields almost 7% on its current dividend.
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