20 Nordic Stocks Yielding More Than 4%

Nordic countries include Denmark, Sweden, Norway, Finland, Iceland and their accociated territories (e.g. Greenland). “Scandinavia” is also used often as a synonym for the Nordic countries, but in the strict sense Scandinavia only includes Denmark, Sweden and Norway. The region has a population of approximately 25 million and covers 3.5 million square kilometres (Greenland accounting for around 60% of total area alone). [source: Wikipedia] If you are not familiar with these countries, you probably have heard about Vikings. They came from Scandinavia and between eight and eleventh century settled or raided most of Northern Europe, including coastal Finland and cities like London. They sailed in the south all the way to Sicily in the Mediterranean Sea, and in the west, all the way to North America. Their heritage can still be seen in the successful shipping and ship construction companies. Denmark, Sweden and Finland belong to European Union. Out of these, only Finland belongs to euro zone, while others maintain their own currency. The Danish krone has been tied to the euro via the ERM II mechanism since 1999 and is required to trade within 2.25% range of the specified exchange rate of 1 EUR = DKK 7.46038. [source: Wikipedia]... Read more