3 Swedish Dividend Stocks Offering Up To 5.2% Yield

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Amidst a backdrop of fluctuating global markets, Sweden's economic resilience and stability continue to attract investors seeking reliable dividend yields. As global indices experience varied performance, Swedish dividend stocks offer an appealing blend of potential income generation and relative security in the current economic climate. In selecting strong dividend stocks, investors might consider companies with consistent payout histories and robust financial health, particularly in environments where market volatility is prevalent. These attributes can provide a buffer against broader market uncertainties while potentially delivering steady returns.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Betsson (OM:BETS B)

5.63%

★★★★★☆

Loomis (OM:LOOMIS)

4.60%

★★★★★☆

Zinzino (OM:ZZ B)

4.10%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.71%

★★★★★☆

Duni (OM:DUNI)

4.85%

★★★★★☆

HEXPOL (OM:HPOL B)

3.40%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.45%

★★★★★☆

Axfood (OM:AXFO)

3.29%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.79%

★★★★★☆

Bahnhof (OM:BAHN B)

3.75%

★★★★☆☆

Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Avanza Bank Holding

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Avanza Bank Holding AB operates in Sweden, providing a variety of savings, pension, and mortgage products with a market capitalization of SEK 37.78 billion.

Operations: Avanza Bank Holding AB generates its revenue primarily from commercial operations, which amounted to SEK 3.96 billion.

Dividend Yield: 4.8%

Avanza Bank Holding offers a dividend yield of 4.79%, ranking in the top 25% within the Swedish market, supported by a payout ratio of 87.3% from earnings and a cash payout ratio of 55.8%. Despite its attractive price-to-earnings ratio at 18.3x, which is below the market average, Avanza's dividend history shows volatility over the past decade. Recent financials indicate steady growth with net income rising to SEK 1.06 billion for the first half of 2024, up from SEK 973 million year-over-year, suggesting an improving earnings trajectory that could support future dividends despite past inconsistencies.

OM:AZA Dividend History as at Jul 2024
OM:AZA Dividend History as at Jul 2024

Solid F?rs?kringsaktiebolag

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Solid F?rs?kringsaktiebolag operates as a provider of non-life insurance products for private individuals across Sweden, Denmark, Norway, Finland, and other parts of Europe, with a market capitalization of approximately SEK 1.58 billion.