A dividend increase by Nationale Nederlanden Group BV (NN)!
Just back from my holiday and I’m surprised by a nice dividend increase of the NN Group NV. On August 15th, 2019 NN announced a 15.15 % increase of its interim dividend. The dividend is raised from $0.66 to $0.76. The dividend pay date is September 11, 2019 to shareholders of record on August 20, 2019 (ex dividend August 19 2019).
‘NN Group has today reported an operating result of EUR 445 million for the second quarter of 2019. We see continued improvement in the performance of Netherlands Non-life. Insurance Europe and Japan Life also posted higher results.”
In 2019 I (will) receive a total dividend amount of €2.00 per share. The dividend yield on current price is 3.16%.
My Vrijheid Fonds consist of 20 shares of NN Group NV, my annual dividends will increase by
€ 1.70 ($ 1.89).
My projected annual total amount from my shares of NN will be € 34 ($ 38) after taxes.
Again, a nice increase from the NN Group NV, the financial services company with a rich history that stretches over 170 years.
I love it!