Top Swedish Dividend Stocks Yielding Up To 5.5%
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As the European markets show resilience and hopes for interest rate cuts grow, Swedish stocks continue to attract attention, particularly those offering strong dividend yields. In this environment, investors often seek out reliable dividend stocks that provide consistent returns and stability amidst market fluctuations.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.41% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.59% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.81% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 4.09% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.58% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.15% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.95% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.56% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.84% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.89% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Betsson
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Betsson AB (publ) operates an online gaming business through its subsidiaries across the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally with a market cap of SEK18.13 billion.
Operations: Betsson AB (publ) generates revenue primarily from its Casinos & Resorts segment, which brought in €1.01 billion.
Dividend Yield: 5.6%
Betsson's dividend payments have been volatile over the past decade, but they have increased overall. The company's current payout ratio of 50.3% and cash payout ratio of 50.8% indicate dividends are well-covered by earnings and cash flows. Betsson's dividend yield is in the top 25% of Swedish market payers, reflecting good relative value despite recent earnings showing a slight decline in net income to €45.5 million for Q2 2024 from €50.2 million a year ago.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) manufactures and distributes fasteners and related services for various industries including automotive, consumer electronics, and others across multiple regions globally, with a market cap of SEK1.60 billion.
Operations: Bulten AB (publ) generated SEK5.95 billion in revenue from manufacturing and distributing fasteners and related services across various industries globally.
Dividend Yield: 3.3%
Bulten's dividend payments have been volatile over the past decade, but they have shown growth. The company's payout ratio of 57% and cash payout ratio of 30.9% suggest dividends are well-covered by earnings and cash flows. However, Bulten's dividend yield (3.28%) is lower than the top 25% of Swedish market payers (4.21%). Recent earnings show a slight decline in net income to SEK 34 million for Q2 2024 from SEK 38 million a year ago.