Three Leading Dividend Stocks In Sweden With Yields Up To 8.2%

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Amidst a backdrop of fluctuating global markets and economic uncertainties, Sweden's stock market presents opportunities for investors seeking steady income through dividends. In the current environment, where careful selection becomes paramount, dividend stocks stand out as a potentially prudent choice for those looking to generate regular returns.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Zinzino (OM:ZZ B)

4.48%

★★★★★★

Betsson (OM:BETS B)

5.91%

★★★★★☆

Loomis (OM:LOOMIS)

4.53%

★★★★★☆

HEXPOL (OM:HPOL B)

3.39%

★★★★★☆

Axfood (OM:AXFO)

3.05%

★★★★★☆

Duni (OM:DUNI)

4.92%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.28%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.43%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.47%

★★★★★☆

Bilia (OM:BILI A)

4.66%

★★★★☆☆

Click here to see the full list of 24 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Avanza Bank Holding

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

Overview: Avanza Bank Holding AB operates primarily in Sweden, providing a comprehensive suite of financial products including savings accounts, pension solutions, and mortgages, with a market capitalization of approximately SEK 40.49 billion.

Operations: Avanza Bank Holding AB generates its revenue primarily through commercial operations, which amounted to SEK 3.84 billion.

Dividend Yield: 4.5%

Avanza Bank Holding has shown a robust financial performance with a notable increase in customer base and net inflows, reporting SEK 34.90 billion in 2024. Its dividend payout ratio stands at 88.6%, supported by earnings and a low cash payout ratio of 18.5%, suggesting sustainability from both profit and cash flow perspectives. However, its dividend track record over the past decade has been volatile, despite recent growth. The firm's P/E ratio at 19.9x remains attractive compared to the broader Swedish market average of 22.6x, indicating potential value for investors seeking dividends with relative market affordability.

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

Nordic Paper Holding

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

Overview: Nordic Paper Holding AB operates globally, specializing in the production and sale of natural greaseproof and kraft paper, with a market capitalization of SEK 3.26 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 contributing SEK 2.19 billion.