In This Article:
As European inflation edges closer to the central bank's target, the Swedish market has shown resilience, with major indices reflecting positive sentiment. This stable economic environment makes it an opportune time to consider dividend stocks, which can provide a reliable income stream. When evaluating dividend stocks, it's essential to look for companies with strong financial health and consistent payout histories. In this context, we will explore three Swedish dividend stocks yielding at least 3%, offering potential stability and income in today's market conditions.
Top 10 Dividend Stocks In Sweden
Name | Dividend Yield | Dividend Rating |
Betsson (OM:BETS B) | 5.73% | ★★★★★☆ |
Nordea Bank Abp (OM:NDA SE) | 8.62% | ★★★★★☆ |
Zinzino (OM:ZZ B) | 3.79% | ★★★★★☆ |
HEXPOL (OM:HPOL B) | 3.61% | ★★★★★☆ |
Bredband2 i Skandinavien (OM:BRE2) | 4.39% | ★★★★★☆ |
Axfood (OM:AXFO) | 3.08% | ★★★★★☆ |
Duni (OM:DUNI) | 5.02% | ★★★★★☆ |
Skandinaviska Enskilda Banken (OM:SEB A) | 5.41% | ★★★★★☆ |
Avanza Bank Holding (OM:AZA) | 4.81% | ★★★★★☆ |
Bahnhof (OM:BAHN B) | 3.74% | ★★★★☆☆ |
Click here to see the full list of 21 stocks from our Top Swedish Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Rejlers
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Rejlers AB (publ) provides technical and engineering consultancy services in Sweden, Finland, Norway, and the United Arab Emirates, with a market cap of SEK3.32 billion.
Operations: Rejlers AB (publ) generates revenue from several key segments, including SEK2.63 billion from Sweden, SEK1.37 billion from Finland, and SEK304.40 million from Norway (including Embriq).
Dividend Yield: 3%
Rejlers offers a mixed picture for dividend investors. While its dividend payments have increased over the past decade, they have been volatile and sometimes unreliable. The payout ratio of 50% indicates dividends are covered by earnings, and a cash payout ratio of 30.7% suggests good coverage by cash flows. Recent projects like the Viskadalsbanan infrastructure upgrade and collaborations in energy storage bolster Rejlers' growth prospects but do not necessarily ensure stable or high dividends.
-
Take a closer look at Rejlers' potential here in our dividend report.
-
The valuation report we've compiled suggests that Rejlers' current price could be quite moderate.
AB SKF
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide with a market cap of SEK83.10 billion.
Operations: AB SKF's revenue is segmented into Automotive, generating SEK29.44 billion, and Industrial, contributing SEK71.08 billion.