Bahnhof And Two More Leading Dividend Stocks On The Swedish Exchange

In This Article:

Amidst a backdrop of fluctuating global markets, Sweden's exchange remains a point of interest for investors seeking stability and potential growth through dividend stocks. As various regions experience shifts in economic indicators, understanding the fundamental qualities that define appealing dividend stocks becomes increasingly crucial in navigating current market conditions.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Betsson (OM:BETS B)

5.58%

★★★★★☆

Loomis (OM:LOOMIS)

4.45%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.67%

★★★★★☆

Zinzino (OM:ZZ B)

3.82%

★★★★★☆

Duni (OM:DUNI)

4.84%

★★★★★☆

HEXPOL (OM:HPOL B)

3.24%

★★★★★☆

Axfood (OM:AXFO)

3.21%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.23%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.81%

★★★★★☆

Bahnhof (OM:BAHN B)

3.62%

★★★★☆☆

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

Let's take a closer look at a couple of our picks from the screened companies.

Bahnhof

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

Overview: Bahnhof AB (publ) operates in the Internet and telecommunications sector primarily in Sweden and across Europe, with a market capitalization of approximately SEK 5.95 billion.

Operations: Bahnhof AB generates revenue through its Retail Market segment, which brought in SEK 1.30 billion, and its Corporate Market segment (excluding Typhoon), which contributed SEK 606.24 million.

Dividend Yield: 3.6%

Bahnhof AB, a Swedish company, reported a revenue increase to SEK 491.38 million and net income to SEK 56.17 million in Q1 2024, showing earnings growth of 17.7% over the past year. Despite this performance, its dividend sustainability is questionable with a high payout ratio of 97.5% and dividends not well covered by earnings or cash flows; the dividend yield stands at 3.62%, below the top tier in Sweden's market at 4.09%. However, dividends have shown reliability and growth over the past decade.

OM:BAHN B Dividend History as at Jul 2024
OM:BAHN B Dividend History as at Jul 2024

Solid Försäkringsaktiebolag

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

Overview: Solid Försäkringsaktiebolag operates as a provider of non-life insurance products for private individuals across Sweden, Denmark, Norway, Finland, and other European countries, with a market capitalization of approximately SEK 1.63 billion.

Operations: Solid Försäkringsaktiebolag generates its revenue from three main segments: Product (SEK 328.53 million), Assistance (SEK 339.51 million), and Personal Safety (SEK 423.71 million).