3 Swedish Dividend Stocks Yielding Up To 6%

In This Article:

As global markets continue to experience volatility, the European market has shown mixed signals with some indices managing modest gains. Amidst this backdrop, Swedish dividend stocks present a compelling opportunity for investors seeking stable income. In times of economic uncertainty, dividend stocks can offer a reliable source of returns through regular payouts. Here are three Swedish dividend stocks yielding up to 6% that might be worth considering in today's market environment.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Bredband2 i Skandinavien (OM:BRE2)

4.56%

★★★★★★

Betsson (OM:BETS B)

5.86%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.84%

★★★★★☆

Zinzino (OM:ZZ B)

4.04%

★★★★★☆

HEXPOL (OM:HPOL B)

3.61%

★★★★★☆

Axfood (OM:AXFO)

3.19%

★★★★★☆

Duni (OM:DUNI)

5.04%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.64%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.88%

★★★★★☆

Loomis (OM:LOOMIS)

3.75%

★★★★☆☆

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.

New Wave Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors across various regions including Sweden, the United States, Central Europe, Nordic countries, Southern Europe, and internationally with a market cap of SEK14.08 billion.

Operations: New Wave Group AB (publ) generates revenue from three main segments: Corporate (SEK4.68 billion), Sports & Leisure (SEK3.82 billion), and Gifts & Home Furnishings (SEK874.40 million).

Dividend Yield: 3.3%

New Wave Group's dividend payments have increased over the past decade, although they have been volatile. The company's recent dividend increase to SEK 3.50 per share, split into two payments of SEK 1.75 each, underscores its commitment to returning value to shareholders. With a payout ratio of 45.6% and cash payout ratio of 42.6%, dividends are well covered by earnings and cash flows, though the yield remains below top-tier Swedish dividend payers at 3.3%.

OM:NEWA B Dividend History as at Aug 2024
OM:NEWA B Dividend History as at Aug 2024

Solid F?rs?kringsaktiebolag

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Solid F?rs?kringsaktiebolag (OM:SFAB) offers non-life insurance services to private and business customers across several countries including Sweden, Denmark, Norway, Finland, Germany, Switzerland, and internationally with a market cap of SEK1.56 billion.