Dividend-paying stocks often attract investors looking for reliable income streams. However, the allure of dividends can be misleading if the underlying company's dividend growth is stagnant or declining, as seen with medmix. In such cases, it becomes crucial to evaluate whether a company's stable dividend payment reflects robust financial health or masks deeper issues.
Top 10 Dividend Stocks In Switzerland
Name | Dividend Yield | Dividend Rating |
Vontobel Holding (SWX:VONN) | 5.58% | ★★★★★★ |
Cembra Money Bank (SWX:CMBN) | 5.22% | ★★★★★★ |
Compagnie Financière Tradition (SWX:CFT) | 4.24% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 4.51% | ★★★★★★ |
St. Galler Kantonalbank (SWX:SGKN) | 4.39% | ★★★★★★ |
Novartis (SWX:NOVN) | 3.35% | ★★★★★☆ |
Roche Holding (SWX:ROG) | 3.85% | ★★★★★☆ |
Julius Bär Gruppe (SWX:BAER) | 5.18% | ★★★★★☆ |
Basellandschaftliche Kantonalbank (SWX:BLKB) | 4.74% | ★★★★★☆ |
Helvetia Holding (SWX:HELN) | 5.19% | ★★★★★☆ |
Click here to see the full list of 26 stocks from our Top Dividend Stocks screener.
Let's take a closer look at one of our picks from the screened companies and one you may wish to avoid.
Top Pick
Jungfraubahn Holding
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jungfraubahn Holding AG operates cogwheel railway and winter sports facilities in the Jungfrau region of Switzerland, with a market capitalization of CHF 1.08 billion.
Operations: The company generates revenue from three main segments: CHF 188.24 million from Jungfraujoch - TOP of Europe, CHF 45.94 million from Experience Mountains, and CHF 41.26 million from Winter Sports.
Dividend Yield: 3.4%
Jungfraubahn Holding AG, despite a volatile dividend track record over the past decade, has shown resilience in its financial management. The company's dividends are well-supported by both earnings and cash flows, with a payout ratio of 47.8% and a cash payout ratio of 61.7%, respectively. This stands in contrast to some peers who have seen declining dividends. However, it is trading below its estimated fair value and offers a lower yield (3.35%) compared to the top Swiss dividend payers.
One To Reconsider
medmix
Simply Wall St Dividend Rating: ★☆☆☆☆☆
Overview: Medmix AG is a global company that designs, produces, and sells high-precision devices and services for the healthcare, consumer, and industrial sectors with a market capitalization of CHF 553.82 million.
Operations: The company generates CHF 177 million from its healthcare segment and CHF 309.60 million from consumer and industrial operations.