8.15.2024

Ka-ching ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ

Nordea is the Nordic region's largest bank. The Nordic region is a land area consisting of Denmark, Greenland, Finland, the Faroe Islands, Iceland, Norway, Sweden and the Aland Islands.

Today is the best dividend day of the month as several holdings have a payout day today. Of our three trustees, Avanza, Nordea and Nordnet, it is Nordea that has the fastest payout routine, they have already paid out most of today's dividends.

Nordea's structure is complex and the various businesses have completely separate data systems. So when I make a transfer from my transaction account in Nordea to my endowment insurance in Nordea, the time is the same as if I had made a transfer from an external bank, for example, SEB. Despite or thanks to this, Nordea has the absolute shortest processing time between actual payment day and our endowment insurance having been credited.

So far today, we have received approximately 26% of the month's estimated dividends.

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