Exploring HEXPOL And Two More High Yield Dividend Stocks In Sweden
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As global markets show signs of cautious optimism, with easing inflation concerns in major economies and mixed performances across European indices, investors are increasingly looking for stable returns amidst the uncertainty. In this context, exploring high-yield dividend stocks like HEXPOL in Sweden becomes particularly appealing as they offer potential for steady income in a fluctuating market environment.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Betsson (OM:BETS B) | 6.21% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.69% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.36% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.07% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.01% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.39% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.64% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.24% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.12% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.91% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
HEXPOL
Simply Wall St Dividend Rating: ★★★★★☆
Overview: HEXPOL AB (publ) specializes in the development, manufacture, and sale of polymer compounds and engineered products across Sweden, Europe, the Americas, and Asia, with a market capitalization of approximately SEK 44.88 billion.
Operations: HEXPOL AB generates SEK 20.48 billion from its Compounding segment and SEK 1.59 billion from its Engineered Products segment.
Dividend Yield: 3.1%
HEXPOL AB, a Swedish polymer company, declared a dividend of SEK 6.00 per share for 2023, with a record date of April 30, 2024. The firm's dividends are well-covered by earnings and cash flows with payout ratios near 54.9% and 54.6% respectively, indicating sustainability. Despite the modest yield of 3.07%, which is below the top quartile in Sweden's market at over 4%, HEXPOL has maintained stable dividend growth over the past decade. Recent strategic moves include seeking acquisitions to bolster growth, aligning with its financial stability and ongoing commitment to shareholder returns.
Nordea Bank Abp
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Nordea Bank Abp is a financial services provider operating in Sweden, Finland, Norway, Denmark, and internationally, with a market capitalization of approximately SEK 460.70 billion.
Operations: Nordea Bank Abp generates revenue through its Personal Banking (€4.75 billion), Business Banking (€3.55 billion), Large Corporates & Institutions (€2.46 billion), and Asset and Wealth Management (€1.44 billion) segments.