In This Article:
In the realm of Swedish dividend stocks, investors often seek stability and growth in their passive income streams. While many companies have successfully increased their dividends, contributing to an average growth rate of 6.7% over the past year, others have not fared as well. A declining dividend, such as that seen with Hufvudstaden, can signal potential issues for investors looking for reliable and growing returns from their investments.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Zinzino (OM:ZZ B) | 4.38% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.78% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.51% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.34% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.02% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.97% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.39% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.42% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.06% | ★★★★★☆ |
| Husqvarna (OM:HUSQ B) | 3.48% | ★★★★☆☆ |
Click here to see the full list of 24 stocks from our Top Dividend Stocks screener.
Let's review one of the notable picks from our screened stocks and one not so great.
Top Pick
Bahnhof
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bahnhof AB (publ) operates in the Internet and telecommunications sector primarily in Sweden and other parts of Europe, with a market capitalization of approximately SEK 5.52 billion.
Operations: The company generates revenue through its Retail Market and Corporate Market segments, with SEK 1.30 billion and SEK 606.24 million respectively.
Dividend Yield: 3.9%
Bahnhof AB has demonstrated a consistent increase in dividend payments over the past decade, reflecting a stable return to shareholders despite its dividend yield of 3.9% being slightly below the top quartile of Swedish dividend stocks. Recent financials show a 17.7% earnings growth year-over-year with Q1 sales rising to SEK 491.38 million from SEK 451.4 million, underpinning this reliability. However, the sustainability is questionable as dividends are not well-covered by earnings, with a high payout ratio of 97.5%.
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Unlock comprehensive insights into our analysis of Bahnhof stock in this dividend report.
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The valuation report we've compiled suggests that Bahnhof's current price could be inflated.
One To Reconsider
Hufvudstaden
Simply Wall St Dividend Rating: ★★☆☆☆☆
Overview: Hufvudstaden AB (publ) is a company focused on owning, developing, and managing commercial properties in Stockholm and Gothenburg, Sweden, with a market capitalization of approximately SEK 25.61 billion.
Operations: Hufvudstaden generates revenue primarily through property management in Stockholm and Gothenburg, contributing SEK 1.42 billion and SEK 326.60 million respectively, along with retail operations in the NK Business Area generating SEK 824 million.