Sampo: Dividend Cut Annoys, But The Company Remains Solid [Seeking Alpha]
SAMPO OYJ UNSP/ADR (SAXPY)
NASDAQ:AMEX Investor Relations:
sampo.com/contact-us/investor-relations
Company Research
Source: Seeking Alpha
Summary Sampo communicated an upcoming dividend cut in late 2019. This goes completely against earlier intentions on the part of the company, coming as a surprise to many analysts. The quarterly results were impacted heavily by one-offs in Nordea's third quarter, Nordea still being a main part of Sampo. The new company capital structure means it's no longer considered a and now obeys different regulatory frameworks - a positive long-term effect. I show you where O consider the company at this stage. (Author's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as SAXPF and SAXPY. Sampo's listing in Helsingfors, HEL:SAMPO, offers stronger liquidity.) The dividend cut from Sampo ( OTCPK:SAXPF OTCPK:SAXPY What previously was a company that could be more or less trusted when it came to dividend guidance and overall guidance has become one whose guidance needs be considered at best In this article, I'll show you how the third quarter im
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News
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- Sampo plc's share buybacks 17 September 2024 [Yahoo! Finance]Yahoo! Finance