In This Article:
As global markets navigate the complexities of rising oil prices and geopolitical tensions, European stocks have seen a cautious downturn, with the pan-European STOXX Europe 600 Index ending lower amid these uncertainties. In this environment, Swedish dividend stocks present an intriguing opportunity for investors seeking stability and income, as they can offer attractive yields even in challenging times.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.62% | ★★★★★★ |
| HEXPOL (OM:HPOL B) | 3.89% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.26% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.02% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.84% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.63% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.96% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 3.93% | ★★★★☆☆ |
| Afry (OM:AFRY) | 3.10% | ★★★★☆☆ |
| Bahnhof (OM:BAHN B) | 3.78% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) is a company that manufactures and distributes fasteners and related services for various industries, including automotive and consumer electronics, with operations in multiple countries worldwide; it has a market cap of SEK1.46 billion.
Operations: Bulten AB (publ) generates revenue of SEK5.95 billion from its fasteners and related services across various industries globally.
Dividend Yield: 3.6%
Bulten's dividend payments have been volatile over the past decade, with a payout ratio of 57% indicating dividends are covered by earnings. The cash payout ratio is low at 30.9%, suggesting strong cash flow coverage. However, the dividend yield of 3.59% is below the top quartile in Sweden. Bulten's P/E ratio of 15.9x suggests it may be undervalued compared to the market average of 23.5x, despite recent profit margin declines and upcoming leadership changes with Axel Berntsson as CEO in January 2025.
Investment AB Öresund
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Investment AB Öresund (publ) is a Swedish investment company focused on asset management, with a market capitalization of SEK5.23 billion.
Operations: Investment AB Öresund (publ) operates as an investment company engaged in asset management activities in Sweden.
Dividend Yield: 6%
Investment AB Öresund's dividend yield of 5.95% ranks in the top 25% of Swedish dividend payers, though recent earnings results show challenges with negative revenue and a net loss for Q3 2024. Despite becoming profitable this year, dividends are not well covered by cash flows, reflected in a high cash payout ratio of 183.9%. The payout ratio is low at 34%, indicating coverage by earnings. Dividend payments have been volatile but increased over the past decade.