Swedish Dividend Stocks To Boost Your Portfolio
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As European markets show resilience with the pan-European STOXX Europe 600 Index edging higher, hopes are rising for potential interest rate cuts by the European Central Bank. Against this backdrop, Swedish dividend stocks present an appealing option for investors seeking steady income and portfolio diversification.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.60% | ★★★★★★ |
| HEXPOL (OM:HPOL B) | 3.87% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.21% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.01% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.61% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.88% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.95% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 3.99% | ★★★★☆☆ |
| Afry (OM:AFRY) | 3.07% | ★★★★☆☆ |
| Bahnhof (OM:BAHN B) | 3.77% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Betsson
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Betsson AB (publ) operates an online gaming business through its subsidiaries, focusing on the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and other international markets, with a market cap of SEK36.59 billion.
Operations: Betsson AB's revenue is primarily generated from its Casinos & Resorts segment, which accounted for €1.01 billion.
Dividend Yield: 5.5%
Betsson's dividend payments have been volatile over the past decade, despite showing some growth. The current dividend yield of 5.53% is among the top in Sweden, yet it's not well-supported by free cash flows, with a high cash payout ratio of 101.7%. Recent financial maneuvers include redeeming bonds and issuing new ones to manage debt effectively. While earnings grew by 12.2% last year, dividends remain unreliable for consistent income seekers.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) manufactures and distributes fasteners and related services for various industries, including automotive and consumer electronics, across multiple international markets, with a market cap of SEK1.44 billion.
Operations: Bulten AB (publ) generates revenue of SEK5.95 billion from its operations in manufacturing and distributing fasteners and related services across diverse sectors such as automotive and consumer electronics globally.
Dividend Yield: 3.6%
Bulten's dividend payments are covered by earnings and cash flows, with a payout ratio of 57% and a cash payout ratio of 30.9%. However, the dividend yield of 3.63% is below the top quartile in Sweden, and its track record has been volatile over the past decade. Despite having a lower-than-average price-to-earnings ratio at 15.7x compared to the Swedish market, recent executive changes could influence future strategies and stability.