Nordea had ex dividend date today so I bought additional 400 shares for 11,975 EUR per share as a partial early dividend re-investment and partial re-deployment of USD from recent sale of few US stocks. I might buy additional 400 shares if there’s a significant drop during Q2 and Q3. Nordea is not exceptionally cheap but solid company with generous dividend supported by buybacks. Dividend growth is likely miniscule but probably next year will bring increase of couple of cents per share. Hopefully Europe will benefit from general reallocation of investments while interest rates remain at high enough level for Nordea to benefit of increased activity from re-arming Europe.