In This Article:
As European markets show signs of optimism with hopes for quicker interest rate cuts by the ECB, Swedish investors are keenly observing dividend stocks as a potential source of steady income amidst fluctuating economic conditions. In this context, identifying strong dividend stocks like Knowit and others becomes crucial, as these investments can offer stability and regular returns in an ever-evolving market landscape.
Top 10 Dividend Stocks In Sweden
Name | Dividend Yield | Dividend Rating |
Bredband2 i Skandinavien (OM:BRE2) | 4.72% | ★★★★★★ |
HEXPOL (OM:HPOL B) | 3.87% | ★★★★★☆ |
Zinzino (OM:ZZ B) | 3.25% | ★★★★★☆ |
Axfood (OM:AXFO) | 3.03% | ★★★★★☆ |
Skandinaviska Enskilda Banken (OM:SEB A) | 5.58% | ★★★★★☆ |
Duni (OM:DUNI) | 4.84% | ★★★★★☆ |
Avanza Bank Holding (OM:AZA) | 5.02% | ★★★★★☆ |
Loomis (OM:LOOMIS) | 3.93% | ★★★★☆☆ |
Afry (OM:AFRY) | 3.07% | ★★★★☆☆ |
Bahnhof (OM:BAHN B) | 3.87% | ★★★★☆☆ |
Click here to see the full list of 23 stocks from our Top Swedish Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Knowit
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Knowit AB (publ) is a consultancy company focused on developing digital solutions, with a market cap of SEK4.18 billion.
Operations: Knowit AB (publ) generates revenue through its key segments: Insight (SEK898.95 million), Solutions (SEK3.90 billion), Experience (SEK1.44 billion), and Connectivity (SEK1.02 billion).
Dividend Yield: 3.4%
Knowit's dividend payments have increased over the past decade, yet they remain volatile and unreliable, with significant annual drops. Despite a low cash payout ratio of 41.6%, indicating strong coverage by cash flows, its overall payout ratio is 77.3%, suggesting dividends are covered by earnings as well. Recent financial results show declining sales and net income, which may impact future payouts. The stock trades at a significant discount to estimated fair value but offers a lower-than-top-tier yield in Sweden's market.
Solid F?rs?kringsaktiebolag
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Solid F?rs?kringsaktiebolag (publ) offers non-life insurance services to private and business customers across Sweden, Denmark, Norway, Finland, Germany, Switzerland, and other international markets with a market cap of SEK1.51 billion.
Operations: Solid F?rs?kringsaktiebolag's revenue segments include Product at SEK320.51 million, Assistance at SEK351.63 million, and Personal Safety at SEK435.09 million.