In This Article:
As the European economy sees a boost from the Paris Olympics and Sweden's Riksbank reduces borrowing costs, investors are increasingly looking at stable income-generating opportunities. In this context, dividend stocks present an attractive option for those seeking consistent returns amidst fluctuating market conditions. A good dividend stock typically combines a reliable payout history with strong fundamentals, making it a resilient choice in today's dynamic economic landscape.
Top 10 Dividend Stocks In Sweden
Name | Dividend Yield | Dividend Rating |
Bredband2 i Skandinavien (OM:BRE2) | 4.32% | ★★★★★★ |
Betsson (OM:BETS B) | 5.65% | ★★★★★☆ |
Nordea Bank Abp (OM:NDA SE) | 8.71% | ★★★★★☆ |
Zinzino (OM:ZZ B) | 3.91% | ★★★★★☆ |
HEXPOL (OM:HPOL B) | 3.51% | ★★★★★☆ |
Axfood (OM:AXFO) | 3.12% | ★★★★★☆ |
Duni (OM:DUNI) | 4.93% | ★★★★★☆ |
Skandinaviska Enskilda Banken (OM:SEB A) | 5.45% | ★★★★★☆ |
Avanza Bank Holding (OM:AZA) | 4.74% | ★★★★★☆ |
Loomis (OM:LOOMIS) | 3.70% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Skandinaviska Enskilda Banken
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Skandinaviska Enskilda Banken AB (publ) offers corporate, retail, investment, and private banking services with a market cap of approximately SEK320.17 billion.
Operations: Skandinaviska Enskilda Banken AB (publ) generates revenue from various segments including Life (SEK3.89 billion), Baltic (SEK13.82 billion), Asset Management (SEK3.22 billion), Large Corporates & Financial Institutions (SEK31.90 billion), Private Wealth Management & Family Office (SEK4.56 billion), and Corporate & Private Customers excluding Private Wealth Management & Family Office (SEK25.65 billion).
Dividend Yield: 5.4%
Skandinaviska Enskilda Banken (SEB A) offers a dividend yield of 5.45%, placing it in the top 25% of Swedish dividend payers. The current payout ratio is 46.5%, indicating dividends are well covered by earnings, with future coverage forecasted at 59.3%. However, SEB A's dividend history has been volatile and unreliable over the past decade. Recent Q2 earnings showed slight declines in net income and EPS compared to last year but remained stable overall.
SSAB
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SSAB AB (publ) produces and sells steel products in Sweden, Finland, the rest of Europe, the United States, and internationally with a market cap of SEK50.21 billion.