3 Swedish Dividend Stocks With Yields Ranging From 3.2% To 7.8%

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In recent trading sessions, the Swedish market has echoed the positive sentiment seen across major global indices, buoyed by easing inflation concerns and anticipatory adjustments in monetary policies. As investors seek stable returns amidst fluctuating market conditions, dividend stocks in Sweden present an appealing avenue for those looking to balance yield with potential growth.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Zinzino (OM:ZZ B)

4.15%

★★★★★★

Betsson (OM:BETS B)

5.63%

★★★★★☆

Loomis (OM:LOOMIS)

4.56%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.37%

★★★★★☆

Duni (OM:DUNI)

4.73%

★★★★★☆

HEXPOL (OM:HPOL B)

3.34%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.34%

★★★★★☆

Axfood (OM:AXFO)

3.25%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.64%

★★★★★☆

Bahnhof (OM:BAHN B)

3.75%

★★★★☆☆

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

We'll examine a selection from our screener results.

Bulten

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

Overview: Bulten AB (publ) specializes in manufacturing and distributing fasteners, offering related services and solutions to various industries including automotive and consumer electronics, across multiple global regions with a market cap of SEK 1.60 billion.

Operations: Bulten AB generates its revenue primarily from the fasteners segment, which amounted to SEK 5.95 billion.

Dividend Yield: 3.3%

Bulten's dividend history reveals inconsistency, with payments showing volatility over the past decade, including annual drops over 20%. Despite this, dividends are sustainably supported by earnings and cash flows, with a payout ratio of 57% and a cash payout ratio of 30.9%. However, Bulten's current dividend yield of 3.29% is below the top quartile in Sweden. Recent financials indicate a slight decline in profitability with net margins falling from last year’s 3.6% to 1.5%.

OM:BULTEN Dividend History as at Jul 2024

Husqvarna

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

Overview: Husqvarna AB specializes in manufacturing and distributing outdoor power products, watering products, and lawn care equipment, with a market capitalization of approximately SEK 52.65 billion.

Operations: Husqvarna AB generates revenue through its diverse segments, with SEK 29.38 billion from Forest & Garden, SEK 13.06 billion from Gardena, and SEK 8.23 billion from Construction.

Dividend Yield: 3.3%

Husqvarna's recent partnership with Liverpool FC enhances its global brand visibility, potentially impacting investor perception positively. However, its dividend yield of 3.26% lags behind Sweden's top dividend payers. The company maintains a stable decade-long history of dividend payments but struggles with high debt levels and a payout ratio of 92.8%, indicating dividends are not well-covered by earnings despite being supported by cash flows (58.6% cash payout ratio). Recent financials show a decline in sales and net income, suggesting challenges ahead in sustaining profitability and dividends.