3 Solid Swedish Dividend Stocks With Yields Starting At 3%
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As global markets navigate through a period of mixed economic signals and varied regional performances, Sweden's market presents an intriguing opportunity for investors focused on income-generating assets. Amidst this backdrop, Swedish dividend stocks offer a compelling blend of stability and yield, making them attractive in the current environment where cautious optimism prevails in European financial circles.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Betsson (OM:BETS B) | 6.01% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.87% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.64% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.38% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.22% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.86% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.22% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.87% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.85% | ★★★★☆☆ |
| SSAB (OM:SSAB A) | 9.04% | ★★★★☆☆ |
Click here to see the full list of 20 stocks from our Top Swedish Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) is a company that manufactures and distributes fasteners for various industries including automotive and consumer electronics, operating across multiple countries such as Sweden, Germany, the US, and China. Its market cap is approximately SEK 1.68 billion.
Operations: Bulten AB generates its revenue primarily from the manufacture and distribution of fasteners, accumulating SEK 5.95 billion in sales.
Dividend Yield: 3.1%
Bulten's recent appointment of Axel Berntsson as CEO, effective by January 2025, marks a significant leadership transition. Financially, Q2 2024 saw Bulten posting sales of SEK 1.47 billion with a slight dip in net income to SEK 34 million from SEK 38 million year-over-year. Despite this, dividends remain sustainable with a payout ratio at 57% and cash flow coverage at 30.9%. However, its dividend yield of 3.13% trails behind the top Swedish dividend payers' average of over 4%.
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Click here and access our complete dividend analysis report to understand the dynamics of Bulten.
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Upon reviewing our latest valuation report, Bulten's share price might be too optimistic.
Loomis
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Loomis AB operates in providing comprehensive solutions for the handling, storage, recycling, and distribution of cash and other valuables, with a market capitalization of approximately SEK 22.75 billion.
Operations: Loomis AB generates its revenue primarily from two segments: Europe and Latin America with SEK 14.32 billion, and the United States of America with SEK 15.45 billion, alongside a smaller contribution from Loomis Pay at SEK 77 million.