Should You Avoid Investing in Danish, Irish and Spanish Banks? [View article]
Banco Santander (STD) could easily be one of the top five banks in the world, in my opinion.
It's a great dividend payer and prides itself in being able to pay it. The company has judiciously moved into Latin America, has a great balance sheet, and is in fact one of the few banks in the world with zero LTD.
Should You Avoid Investing in Danish, Irish and Spanish Banks? [View article]
It's a great dividend payer and prides itself in being able to pay it. The company has judiciously moved into Latin America, has a great balance sheet, and is in fact one of the few banks in the world with zero LTD.
Long STD and plan to stay there.
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Mr. Paul Price: you are right as usual. Companies don't go around looking for lots to debt to buy; they like clean balance sheets as a rule.
Thanks.