In This Article:
As the European markets show resilience with hopes for interest rate cuts, Swedish dividend stocks present a compelling opportunity for investors seeking stable income and potential growth. In this article, we will explore Bulten and two other top Swedish dividend stocks that can enhance your portfolio by providing consistent returns amidst evolving market conditions.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.40% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.62% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.77% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 4.01% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.57% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.16% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.99% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.57% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.82% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 3.79% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) manufactures and distributes fasteners and related services for various industries, including automotive and consumer electronics, across multiple regions globally, with a market cap of approximately SEK1.61 billion.
Operations: Bulten AB (publ) generated SEK5.95 billion in revenue from its fasteners and related services across various industries and regions globally.
Dividend Yield: 3.3%
Bulten's dividend payments have been volatile over the past decade, with a notable annual drop of over 20% at times. Despite this, the company's current payout ratio of 57% and cash payout ratio of 30.9% indicate dividends are covered by earnings and cash flows. However, profit margins have decreased from 3.6% to 1.5%, and its dividend yield (3.26%) is below the top quartile in Sweden (4.26%). Recent leadership changes could impact future performance as Axel Berntsson takes over as CEO by January 2025.
ITAB Shop Concept
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ITAB Shop Concept AB (publ) offers solution design, customized shop fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for physical stores with a market cap of SEK5.22 billion.
Operations: ITAB Shop Concept AB (publ) generates revenue through solution design, customized shop fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for physical stores.