3 Swedish Dividend Stocks Yielding Up To 5.4%

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As global markets react to the recent Federal Reserve rate cut, European indices have shown mixed results, with cautious optimism prevailing among investors. In this environment, Swedish dividend stocks offer a compelling opportunity for those seeking steady income streams amidst market fluctuations. When evaluating dividend stocks in such a dynamic market, it's crucial to consider companies with strong fundamentals and consistent payout histories.

Top 10 Dividend Stocks In Sweden

Name

Dividend Yield

Dividend Rating

Betsson (OM:BETS B)

5.89%

★★★★★☆

Nordea Bank Abp (OM:NDA SE)

8.81%

★★★★★☆

HEXPOL (OM:HPOL B)

3.81%

★★★★★☆

Zinzino (OM:ZZ B)

3.42%

★★★★★☆

Bredband2 i Skandinavien (OM:BRE2)

4.40%

★★★★★☆

Duni (OM:DUNI)

4.81%

★★★★★☆

Skandinaviska Enskilda Banken (OM:SEB A)

5.47%

★★★★★☆

Avanza Bank Holding (OM:AZA)

4.70%

★★★★★☆

Afry (OM:AFRY)

3.01%

★★★★☆☆

SSAB (OM:SSAB A)

9.85%

★★★★☆☆

Click here to see the full list of 21 stocks from our Top Swedish Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

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, across multiple countries with a market cap of SEK 1.41 billion.

Operations: Bulten AB (publ) generates SEK 5.95 billion in revenue from its fasteners and related services across various industries.

Dividend Yield: 3.7%

Bulten's dividend yield of 3.73% is lower than the top 25% of Swedish dividend payers, but its payout ratio of 57% indicates dividends are covered by earnings. Despite a history of volatile dividends, recent payments have increased over the past decade. The company's net profit margin has decreased to 1.5%, and while sales rose to SEK 2.99 billion for the first half of 2024, net income fell slightly to SEK 102 million.

OM:BULTEN Dividend History as at Sep 2024

Skandinaviska Enskilda Banken

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

Overview: Skandinaviska Enskilda Banken AB (publ) offers corporate, retail, investment, and private banking services and has a market cap of SEK318.57 billion.

Operations: Skandinaviska Enskilda Banken AB (publ) generates revenue from various segments including Life (SEK3.89 billion), Baltic (SEK13.82 billion), Asset Management (SEK3.22 billion), Large Corporates & Financial Institutions (SEK31.90 billion), Private Wealth Management & Family Office (SEK4.56 billion), and Corporate & Private Customers excluding Private Wealth Management & Family Office (SEK25.65 billion).