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The Swedish stock market has been navigating through a period of volatility, influenced by global economic uncertainties and fluctuating consumer demand. Despite these challenges, certain dividend stocks in Sweden stand out for their potential to provide stable income streams. In the current market environment, a good dividend stock is characterized by consistent payout history and solid fundamentals. Here are three Swedish dividend stocks yielding up to 9.5% that could offer attractive opportunities for income-focused investors.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.36% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.86% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.81% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 4.02% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.60% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.19% | ★★★★★☆ |
| Duni (OM:DUNI) | 5.01% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.63% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.83% | ★★★★★☆ |
| Afry (OM:AFRY) | 3.05% | ★★★★☆☆ |
Click here to see the full list of 23 stocks from our Top Swedish Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Bredband2 i Skandinavien
Simply Wall St Dividend Rating: ★★★★★★
Overview: Bredband2 i Skandinavien AB (publ) offers data communication and security solutions to individuals and companies in Sweden, with a market cap of SEK1.98 billion.
Operations: Bredband2 i Skandinavien AB (publ) generates revenue through its data communication and security solutions provided to both individuals and businesses in Sweden.
Dividend Yield: 4.4%
Bredband2 i Skandinavien reported strong earnings for Q2 2024, with sales reaching SEK 429.55 million and net income at SEK 24.35 million, showing growth from the previous year. The company offers a high and reliable dividend yield of 4.36%, placing it in the top quartile of Swedish dividend payers. Dividends are well-covered by both earnings (87.6% payout ratio) and cash flows (39.1% cash payout ratio), ensuring sustainability and stability over the past decade.
Skandinaviska Enskilda Banken
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Skandinaviska Enskilda Banken AB (publ) offers corporate, retail, investment, and private banking services with a market cap of SEK309.49 billion.
Operations: Skandinaviska Enskilda Banken AB (publ) generates revenue from various segments including Life (SEK3.89 billion), Baltic (SEK13.82 billion), Asset Management (SEK3.22 billion), Large Corporates & Financial Institutions (SEK31.90 billion), Private Wealth Management & Family Office (SEK4.56 billion), and Corporate & Private Customers excluding Private Wealth Management & Family Office (SEK25.65 billion).