Afry And 2 Other Swedish Dividend Stocks To Enhance Your Portfolio

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As global markets react to recent interest rate cuts by the European Central Bank and anticipate similar moves from the U.S. Federal Reserve, investors are increasingly looking for stable, income-generating opportunities. In this context, dividend stocks in Sweden offer a compelling option for those seeking to enhance their portfolios with reliable returns. A good dividend stock typically combines strong fundamentals with a consistent payout history, making it an attractive choice in today's fluctuating market environment.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Bredband2 i Skandinavien (OM:BRE2)

4.32%

★★★★★★

Betsson (OM:BETS B)

5.83%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.81%

★★★★★☆

Zinzino (OM:ZZ B)

3.55%

★★★★★☆

HEXPOL (OM:HPOL B)

3.61%

★★★★★☆

Axfood (OM:AXFO)

3.02%

★★★★★☆

Duni (OM:DUNI)

4.97%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.41%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.81%

★★★★★☆

Afry (OM:AFRY)

3.04%

★★★★☆☆

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

Here we highlight a subset of our preferred stocks from the screener.

Afry

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

Overview: Afry AB offers engineering, design, and advisory services across the infrastructure, industry, energy, and digitalization sectors in North and South America, Finland, and Central Europe with a market cap of SEK20.50 billion.

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

Dividend Yield: 3%

AFRY's dividend payments have been volatile over the past decade, though they are well-covered by earnings (52.1%) and cash flows (38.8%). The company trades at a good value compared to peers and is 57.1% below its estimated fair value. However, its 3.04% dividend yield is low relative to top Swedish dividend payers (4.31%). Recent executive changes include CEO Jonas Gustavsson's departure, with a recruitment process underway for his successor by March 2025.

OM:AFRY Dividend History as at Sep 2024
OM:AFRY Dividend History as at Sep 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 SEK16.11 billion.

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