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As the European Central Bank's recent interest rate cuts have buoyed major stock indexes across the continent, Sweden's market is drawing attention for its potential in dividend stocks. In this environment of monetary easing, investors may find value in companies that offer reliable dividends, which can provide a steady income stream amid fluctuating economic conditions.
Top 10 Dividend Stocks In Sweden
Name | Dividend Yield | Dividend Rating |
Bredband2 i Skandinavien (OM:BRE2) | 4.74% | ★★★★★★ |
Zinzino (OM:ZZ B) | 3.36% | ★★★★★☆ |
HEXPOL (OM:HPOL B) | 3.82% | ★★★★★☆ |
Avanza Bank Holding (OM:AZA) | 5.00% | ★★★★★☆ |
Skandinaviska Enskilda Banken (OM:SEB A) | 5.67% | ★★★★★☆ |
Bilia (OM:BILI A) | 5.41% | ★★★★☆☆ |
Loomis (OM:LOOMIS) | 3.98% | ★★★★☆☆ |
Afry (OM:AFRY) | 3.11% | ★★★★☆☆ |
Bahnhof (OM:BAHN B) | 3.75% | ★★★★☆☆ |
Bulten (OM:BULTEN) | 3.49% | ★★★★☆☆ |
Click here to see the full list of 21 stocks from our Top Swedish Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Bredband2 i Skandinavien
Simply Wall St Dividend Rating: ★★★★★★
Overview: Bredband2 i Skandinavien AB (publ) offers data communication and security solutions to individuals and companies in Sweden, with a market cap of SEK1.82 billion.
Operations: Bredband2 i Skandinavien AB (publ) generates revenue through its National Broadband Service segment, which accounts for SEK1.65 billion.
Dividend Yield: 4.7%
Bredband2 i Skandinavien offers a compelling dividend profile with reliable and stable payouts over the past decade. Its dividends are well-covered, boasting a cash payout ratio of 39.1% and an earnings payout ratio of 87.6%. The company’s recent performance shows robust growth, with net income rising to SEK 24.35 million in Q2 2024, supporting its attractive dividend yield of 4.74%, placing it among the top tier in Sweden's market.
Ework Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ework Group AB (publ) offers comprehensive talent solutions specializing in IT/OT, R&D, engineering, and business development across Sweden, Denmark, Norway, Finland, Slovakia, and Poland with a market cap of SEK2.31 billion.
Operations: Ework Group AB (publ) generates revenue through its provision of talent solutions in IT/OT, R&D, engineering, and business development across multiple European countries including Sweden, Denmark, Norway, Finland, Slovakia, and Poland.
Dividend Yield: 5.2%
Ework Group's dividend yield of 5.22% ranks in the top 25% among Swedish dividend payers, yet its sustainability is questionable due to a high payout ratio of 91.9%, indicating dividends are not well covered by earnings. Despite a history of volatility and unreliability in dividend payments, cash flows sufficiently cover the current payout with a cash payout ratio of 61.6%. Recent earnings growth reflects positively on profitability, but insider selling raises concerns.