Afry And 2 Other Swedish Dividend Stocks To Consider
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As European markets experience a boost from the European Central Bank's recent rate cuts, Swedish dividend stocks present an interesting opportunity for investors seeking stability amid shifting economic conditions. A good dividend stock in such a climate typically combines consistent payout histories with strong fundamentals, making companies like Afry and others worth considering for those looking to balance growth with income potential.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.63% | ★★★★★★ |
| Zinzino (OM:ZZ B) | 3.30% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.82% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.07% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.48% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.97% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 5.02% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 3.95% | ★★★★☆☆ |
| Afry (OM:AFRY) | 3.07% | ★★★★☆☆ |
| Bahnhof (OM:BAHN B) | 3.76% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Afry
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Afry AB offers engineering, design, and advisory services across the infrastructure, industry, energy, and digitalization sectors in North and South America, Finland, and Central Europe with a market cap of SEK20.27 billion.
Operations: Afry AB's revenue segments include Energy (SEK3.69 billion), Infrastructure (SEK10.43 billion), Process Industries (SEK5.47 billion), Management Consulting (SEK1.69 billion), and Industrial & Digital Solutions (SEK6.83 billion).
Dividend Yield: 3.1%
AFRY's dividend payments have increased over the past decade but have been volatile, with drops exceeding 20% annually. Despite this instability, dividends are well-covered by earnings and cash flows, with payout ratios of 52.1% and 38.8%, respectively. However, its dividend yield of 3.07% is below the top quartile in Sweden's market. Recent executive changes include CEO Jonas Gustavsson's departure announcement, potentially impacting future strategic direction and dividend stability.
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Click here and access our complete dividend analysis report to understand the dynamics of Afry.
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The valuation report we've compiled suggests that Afry's current price could be quite moderate.
Knowit
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Knowit AB (publ) is a consultancy company focused on developing digital solutions, with a market cap of SEK4.21 billion.
Operations: Knowit AB's revenue is primarily derived from its Solutions segment at SEK3.90 billion, followed by the Experience segment at SEK1.44 billion, Connectivity at SEK1.02 billion, and Insight at SEK898.95 million.