fredag 25 mars 2022

Reinvesting Danske Bank dividend (2)

Danske Bank has started to pay out their dividend each quarter from now on which is nice. They increased their dividend significantly from last year as covid restrictions on banks paying out dividends has been lifted. 

I did some misscalculations when reinvesting the dividend, I forgot the FX rate... So instead of 2 I bought 3 shares, but that means more dividends in the future. :)

Stocks owned: 152
Dividend per stock: DKK 2.00
Dividend received: SEK 309.36
Reinvested number of stocks: 3 (DKK 113.55 x 3 = SEK 474.76).

Stocks owned after reinvesting: 155

Effect on yearly dividend: +SEK 23.50

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