In This Article:
As global markets continue to recover and hopes for economic stability grow, the Swedish stock market has shown resilience, mirroring gains seen across Europe. With this backdrop, identifying strong dividend stocks becomes crucial for investors seeking reliable income streams in a dynamic market environment. In this article, we will explore three top Swedish dividend stocks that stand out due to their consistent performance and potential for stable returns amidst the current economic conditions.
Top 10 Dividend Stocks In Sweden
Name | Dividend Yield | Dividend Rating |
Bredband2 i Skandinavien (OM:BRE2) | 4.52% | ★★★★★★ |
Betsson (OM:BETS B) | 5.69% | ★★★★★☆ |
Nordea Bank Abp (OM:NDA SE) | 8.76% | ★★★★★☆ |
Zinzino (OM:ZZ B) | 4.09% | ★★★★★☆ |
HEXPOL (OM:HPOL B) | 3.57% | ★★★★★☆ |
Axfood (OM:AXFO) | 3.07% | ★★★★★☆ |
Duni (OM:DUNI) | 4.96% | ★★★★★☆ |
Skandinaviska Enskilda Banken (OM:SEB A) | 5.47% | ★★★★★☆ |
Avanza Bank Holding (OM:AZA) | 4.78% | ★★★★★☆ |
Loomis (OM:LOOMIS) | 3.76% | ★★★★☆☆ |
Click here to see the full list of 23 stocks from our Top Swedish Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Axfood
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Axfood AB (publ) operates in the food retail and wholesale sectors mainly in Sweden, with a market cap of SEK59.69 billion.
Operations: Axfood AB (publ) generates revenue primarily from its Dagab segment (SEK75.09 billion), Willys segment (SEK44.82 billion), Snabbgross segment (SEK5.38 billion), Joint-Group segment (SEK1.45 billion), and Home Purchase segment (SEK7.67 billion).
Dividend Yield: 3.1%
Axfood’s dividend yield of 3.07% is lower than the Swedish market's top 25%, but it has been stable and growing over the past decade. Recent earnings showed a slight decline in net income for Q2 2024, but overall six-month results were positive with sales reaching SEK 41.30 billion. The company's payout ratios indicate dividends are well-covered by both earnings (76.8%) and cash flows (39.3%). Leadership changes include Simone Margulies becoming CEO, bringing extensive industry experience to her role.
-
Delve into the full analysis dividend report here for a deeper understanding of Axfood.
-
Our valuation report unveils the possibility Axfood's shares may be trading at a premium.
Betsson
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Betsson AB (publ) operates and manages online gaming businesses across the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally with a market cap of SEK18.05 billion.
Operations: Betsson AB (publ) generates revenue primarily from its Casinos & Resorts segment, amounting to €1.01 billion.