Top Swedish Dividend Stocks To Consider In August 2024
In This Article:
As the Swedish market responds to the Riksbank's recent decision to lower borrowing costs, investors are increasingly looking toward dividend stocks as a stable income source. In this environment, strong fundamentals and consistent dividend payouts make certain Swedish stocks particularly attractive.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Bredband2 i Skandinavien (OM:BRE2) | 4.30% | ★★★★★★ |
| Betsson (OM:BETS B) | 5.70% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.66% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.89% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.50% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.14% | ★★★★★☆ |
| Duni (OM:DUNI) | 5.00% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.41% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.78% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.87% | ★★★★☆☆ |
Click here to see the full list of 21 stocks from our Top Swedish Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
FM Mattsson
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: FM Mattsson AB (publ) develops, manufactures, and sells water taps and related products for bathrooms and kitchens across several European countries, with a market cap of SEK2.25 billion.
Operations: FM Mattsson AB (publ) generates revenue from the development, manufacturing, and sale of water taps and related products for bathrooms and kitchens in Sweden, Norway, Denmark, Finland, Benelux, the United Kingdom, Germany, and Italy.
Dividend Yield: 4.7%
FM Mattsson's recent earnings report shows a slight decline in sales and earnings per share compared to the previous year, with SEK 4.92 billion in Q2 sales and basic EPS of SEK 0.8. Despite a relatively short dividend history of seven years, the company has maintained stable and growing dividend payments. The dividends are well-covered by both earnings (payout ratio: 71.8%) and cash flows (cash payout ratio: 12.9%). With a P/E ratio of 15.3x below the Swedish market average, FM Mattsson offers good value for dividend investors seeking reliable income streams in Sweden's top quartile for yield at 4.7%.
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Click to explore a detailed breakdown of our findings in FM Mattsson's dividend report.
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Our valuation report unveils the possibility FM Mattsson's shares may be trading at a premium.
Loomis
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Loomis AB (publ) offers comprehensive solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables with a market cap of SEK 24.04 billion.
Operations: Loomis AB (publ) generates revenue from its segments as follows: Loomis Pay (SEK 77 million), Europe and Latin America (SEK 14.32 billion), and the United States of America (SEK 15.45 billion).