Linea Directa: A Low Book Value But Acceptable 5.5% Dividend Yield
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Introduction
Linea Directa Aseguradora (OTCPK:LNDAF) (hereafter just “Linea Directa” or “LD” to keep it simple) is a Spanish insurance company that was part of Bankinter (OTCPK:BKIMF), a Spanish bank company,…