Discover Three Swedish Dividend Stocks With Yields Up To 7.5%
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As global markets navigate through fluctuating conditions, with sectors like technology experiencing significant growth while others face challenges, investors are increasingly looking for stable returns amidst uncertainty. In this context, Swedish dividend stocks present an appealing option for those seeking to combine potential income generation with the relative stability of established companies in a mature market.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Zinzino (OM:ZZ B) | 4.16% | ★★★★★★ |
| Betsson (OM:BETS B) | 6.21% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.31% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.19% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.05% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.50% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.27% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.80% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.19% | ★★★★★☆ |
| AB Traction (OM:TRAC B) | 4.03% | ★★★★☆☆ |
Click here to see the full list of 23 stocks from our Top 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, along with its subsidiaries, provides savings, pension, and mortgage products primarily in Sweden and has a market capitalization of approximately SEK 43.16 billion.
Operations: Avanza Bank Holding generates its revenue primarily through commercial operations, which amounted to SEK 3.84 billion.
Dividend Yield: 4.2%
Avanza Bank Holding's recent dividend increase to SEK 11.50 reflects a positive trend, though its dividend history over the last decade shows volatility, with significant drops. The company reported a net income rise to SEK 555 million in Q1 2024 from SEK 501 million the previous year. Despite a high payout ratio of 88.6%, dividends are well-covered by earnings and cash flows, with a cash payout ratio at just 18.5%. This suggests sustainability, supported by an annual customer growth contributing to robust inflows.
Nordic Paper Holding
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nordic Paper Holding AB operates in the production and sale of natural greaseproof and kraft paper across Sweden, Italy, Germany, other European countries, the United States, and internationally, with a market cap of approximately SEK 3.55 billion.
Operations: Nordic Paper Holding AB generates revenue primarily through two segments: Kraft Paper, which brought in SEK 2.23 billion, and Natural Greaseproof paper with SEK 2.19 billion in sales.