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As global markets navigate through fluctuating economic signals, Sweden's market remains a point of interest for investors seeking stable dividend stocks. With the broader European indices showing resilience amidst political and economic shifts, Swedish dividend stocks could offer appealing opportunities for those looking to enhance their investment portfolios in July 2024. In this context, understanding the attributes that define a robust dividend stock is crucial—particularly sustainability of payments, company stability, and alignment with current economic conditions.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Zinzino (OM:ZZ B) | 4.29% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.64% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.57% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.38% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.00% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.39% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.50% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.92% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.39% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.75% | ★★★★☆☆ |
Click here to see the full list of 23 stocks from our Top Dividend Stocks screener.
We'll examine a selection from our screener results.
Eolus Vind
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Eolus Vind AB operates in the renewable energy sector, focusing on the development, construction, and management of assets across Sweden, Norway, Finland, the U.S., Poland, Spain, and the Baltic states with a market capitalization of SEK 1.74 billion.
Operations: Eolus Vind AB generates its revenue through the development, construction, and management of renewable energy projects across multiple countries including Sweden, Norway, Finland, the United States, Poland, Spain, and the Baltic states.
Dividend Yield: 3.2%
Eolus Vind, a Swedish wind power company, recently declared a dividend of SEK 2.25 per share for 2023, supported by a low payout ratio of 10.1%, indicating strong earnings coverage. Despite this, the dividend yield at 3.21% remains below the top quartile in Sweden's market. The firm's recent expansion into offshore projects like Skidbladner aims to significantly boost capacity and energy production by 2033 but faces an earnings forecast decline of roughly 24.9% annually over the next three years, reflecting potential volatility in its financial performance and dividends.
ITAB Shop Concept
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ITAB Shop Concept AB specializes in designing solutions and providing customized shop fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for physical stores, with a market capitalization of approximately SEK 5.38 billion.