The Swiss market faced a downturn recently, with the benchmark SMI dropping by 1.12% as investors processed earnings updates and anticipated key U.S. economic data. Amidst this backdrop of fluctuating market conditions, dividend stocks can offer a measure of stability and income for investors seeking reliable returns in uncertain times.
Top 10 Dividend Stocks In Switzerland
| Name | Dividend Yield | Dividend Rating |
| Cembra Money Bank (SWX:CMBN) | 5.13% | ★★★★★★ |
| Vaudoise Assurances Holding (SWX:VAHN) | 4.72% | ★★★★★★ |
| St. Galler Kantonalbank (SWX:SGKN) | 4.45% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.85% | ★★★★★★ |
| Novartis (SWX:NOVN) | 3.25% | ★★★★★☆ |
| EFG International (SWX:EFGN) | 4.55% | ★★★★★☆ |
| Julius Bär Gruppe (SWX:BAER) | 4.76% | ★★★★★☆ |
| Luzerner Kantonalbank (SWX:LUKN) | 3.89% | ★★★★★☆ |
| Basellandschaftliche Kantonalbank (SWX:BLKB) | 4.73% | ★★★★★☆ |
| DKSH Holding (SWX:DKSH) | 3.61% | ★★★★★☆ |
We're going to check out a few of the best picks from our screener tool.
Julius Bär Gruppe
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Julius Bär Gruppe AG is a wealth management firm offering solutions across Switzerland, Europe, the Americas, Asia, and internationally with a market cap of CHF11.19 billion.
Operations: Julius Bär Gruppe AG generates revenue primarily from its Private Banking segment, which amounts to CHF3.15 billion.
Dividend Yield: 4.8%
Julius Bär Gruppe's dividend yield of 4.76% ranks in the top 25% of Swiss dividend payers, yet its high payout ratio of 142.7% indicates dividends are not well covered by earnings. Despite reliable and stable dividends over the past decade, profit margins have declined from last year. A recent €500 million fixed-income offering may impact financial flexibility but could also support future growth initiatives as earnings are forecast to grow annually by 21.93%.
Compagnie Financière Tradition
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Compagnie Financière Tradition SA is a global interdealer broker of financial and non-financial products, with a market cap of CHF 1.19 billion.
Operations: Compagnie Financière Tradition SA's revenue is derived from three main regions: CHF 352.67 million from the Americas, CHF 273.16 million from Asia-Pacific, and CHF 452.85 million from Europe, Middle East and Africa.
Dividend Yield: 3.9%
Compagnie Financière Tradition offers a stable dividend yield of 3.92%, supported by a low payout ratio of 43.3% and a cash payout ratio of 60.7%, ensuring coverage by both earnings and cash flows. Dividends have been reliable, growing steadily over the past decade with minimal volatility. Despite recent shareholder dilution, earnings increased by 16.1% last year, with revenue rising to CHF 538.34 million for the half-year ending June 2024, enhancing dividend sustainability prospects further.