3 Dividend Stocks On Swedish Exchange Yielding Up To 4.6%

In This Article:

As global markets respond to China's stimulus measures and European indices experience a rebound, Sweden's economy is navigating its own path with recent interest rate cuts by the Riksbank. Against this backdrop, dividend stocks on the Swedish exchange present an intriguing opportunity for investors seeking income in a fluctuating market environment. A good dividend stock often combines stable earnings with a commitment to returning capital to shareholders, making them appealing during times of economic uncertainty.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Bredband2 i Skandinavien (OM:BRE2)

4.55%

★★★★★★

Nordea Bank Abp (OM:NDA SE)

8.91%

★★★★★☆

HEXPOL (OM:HPOL B)

3.89%

★★★★★☆

Zinzino (OM:ZZ B)

3.33%

★★★★★☆

Duni (OM:DUNI)

4.77%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.70%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.79%

★★★★★☆

Loomis (OM:LOOMIS)

3.87%

★★★★☆☆

Afry (OM:AFRY)

3.07%

★★★★☆☆

Bahnhof (OM:BAHN B)

3.85%

★★★★☆☆

Click here to see the full list of 21 stocks from our Top Swedish Dividend Stocks screener.

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

Afry

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

Overview: Afry AB offers engineering, design, and advisory services across infrastructure, industry, energy, and digitalization sectors in North and South America, Finland, and Central Europe with a market cap of approximately SEK20.29 billion.

Operations: Afry AB's revenue segments include Infrastructure (SEK10.43 billion), Industrial & Digital Solutions (SEK6.83 billion), Process Industries (SEK5.47 billion), Energy (SEK3.69 billion), and Management Consulting (SEK1.69 billion).

Dividend Yield: 3.1%

Afry's dividend payments have been volatile over the past decade, with significant annual drops exceeding 20%. Despite this instability, dividends are well-covered by both earnings and cash flows, with payout ratios at 52.1% and 38.8%, respectively. The company's recent financial performance shows growth in sales and net income, indicating potential for improved stability. However, its dividend yield of 3.07% remains lower than the top quartile of Swedish dividend payers at 4.33%.

OM:AFRY Dividend History as at Oct 2024
OM:AFRY Dividend History as at Oct 2024

Bravida Holding

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

Overview: Bravida Holding AB (publ) offers technical services and installations for buildings and industrial facilities across Sweden, Norway, Denmark, and Finland, with a market cap of approximately SEK15.52 billion.

Operations: Bravida Holding AB (publ) generates revenue through its provision of technical services and installations for both buildings and industrial facilities in Sweden, Norway, Denmark, and Finland.