As global markets grapple with volatility and economic uncertainties, the Swedish market has shown resilience, particularly in sectors offering stable returns. Amid these fluctuations, dividend stocks stand out as a reliable investment choice for those seeking consistent income and potential growth. In this article, we'll explore three premier Swedish dividend stocks yielding over 3.3%, highlighting their strengths in the current market landscape.

Top 10 Dividend Stocks In Sweden

Click here to see the full list of 24 stocks from our Top Swedish Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Bulten

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

Overview: Bulten AB (publ) manufactures and distributes fasteners and related services for various industries including automotive and consumer electronics, with a market cap of SEK1.55 billion.

Operations: Bulten AB (publ) generates SEK5.95 billion in revenue from manufacturing and distributing fasteners and related solutions across various industries, including automotive and consumer electronics.

Dividend Yield: 3.4%

Bulten's dividend payments have increased over the past 10 years, but they have been volatile, with significant annual drops. The current dividend yield of 3.38% is below the top quartile in Sweden. However, dividends are well covered by earnings (payout ratio: 57%) and cash flows (cash payout ratio: 30.9%). Recent leadership changes include appointing Axel Berntsson as CEO starting January 2025. Despite lower profit margins this year, Bulten maintains a reasonable valuation with a P/E ratio of 16.9x compared to the market's 22.8x.

• Unlock comprehensive insights into our analysis of Bulten stock in this dividend report.

• Our valuation report here indicates Bulten may be overvalued.

Softronic

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

Overview: Softronic AB (publ) is a Swedish company offering IT and management services, with a market cap of SEK1.20 billion.

Operations: Softronic AB (publ) generates revenue primarily from its Computer Services segment, which amounted to SEK838.92 million.

Dividend Yield: 5.9%

Softronic's dividend yield of 5.92% places it in the top 25% of Swedish dividend payers, but its payments have been volatile and not consistently covered by free cash flows (cash payout ratio: 94.5%). While earnings grew by 34% over the past year, the current payout ratio is high at 85.5%. Recent Q2 results showed a slight increase in net income to SEK14.6 million from SEK13.5 million last year, with sales at SEK206.8 million.