Bilia Among Three Top Dividend Stocks On Swedish Exchange
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As global markets respond to fluctuating economic indicators, Sweden's stock exchange remains a focal point for investors seeking stability and returns through dividend-paying stocks. In this context, understanding the characteristics of top-performing dividend stocks becomes crucial, especially in a market environment where cautious optimism is being balanced with strategic investment choices.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Betsson (OM:BETS B) | 5.61% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.50% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.74% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 3.77% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.89% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.38% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.31% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.26% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.70% | ★★★★★☆ |
| Bilia (OM:BILI A) | 4.37% | ★★★★☆☆ |
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.
Bilia
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bilia AB (publ) is a full-service supplier for car ownership, operating across Sweden, Norway, Luxembourg, and Belgium with a market capitalization of SEK 13.89 billion.
Operations: Bilia AB generates its revenue primarily through car sales and services, with SEK 19.28 billion from Car - Sweden, SEK 7.16 billion from Car - Norway, SEK 3.61 billion from Car - Western Europe, and additional revenues of SEK 6.16 billion from Service - Sweden and SEK 2.16 billion from Service - Norway; the company also earns SEK 654 million from Service - Western Europe.
Dividend Yield: 4.4%
Bilia's recent dividend announcement of SEK 6.60, payable in four installments, reflects a cautious approach amid declining net income and sales from the previous year—SEK 156 million and SEK 9.37 billion respectively. Despite a top quartile yield of 4.37%, the dividends are poorly supported by earnings and free cash flow, with a high cash payout ratio of 518.9%. The firm's partnership with Volvo Car Sweden may bolster customer experience but doesn't directly mitigate financial pressures or dividend sustainability concerns.
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Dive into the specifics of Bilia here with our thorough dividend report.
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Our expertly prepared valuation report Bilia implies its share price may be lower than expected.
Husqvarna
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Husqvarna AB (publ) specializes in manufacturing and distributing outdoor power products, watering products, and lawn care equipment, with a market capitalization of approximately SEK 51.62 billion.
Operations: Husqvarna AB's revenue is primarily generated from three segments: Gardena at SEK 13.06 billion, Husqvarna Construction at SEK 8.23 billion, and Husqvarna Forest & Garden at SEK 29.38 billion.