Top Norwegian (OSEAX) Dividend Stocks

Top Norwegian (OSEAX) Dividend Stocks

UPDATED Jun 28, 2022

What are the best Norwegian (OSEAX) Dividend Stocks?

According to our Simply Wall St analysis these are the best Norwegian dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.

Our criteria to find Top Dividend Companies

High Yield

  • Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
  • Yields vary between markets, so we focus on the top dividend payers in each market.

What do we look for?

  • Is the yield in the top 25% of the market's dividend payers.

Consistent Dividends

  • Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
  • If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.

What do we look for?

  • Has the dividend been stable over the last 10 years.
  • Has the dividend grown over the last 10 years.

Dividend Cover

  • Ideally the company doesn't pay out all of its earnings, neglecting future growth.
  • If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.

What do we look for?

  • Are dividends covered by earnings.
  • Are dividends forecast to be covered by earnings in the future.

Healthy Balance Sheet

  • Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

16 companies meet this criteria in the Norwegian market

Atea ASA provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: ATEA's dividend (5.32%) is low compared to the top 25% of dividend payers in the Norwegian market (7.05%).

See Full Stock Report

Rewards

  • Trading at 71.3% below our estimate of its fair value

  • Earnings are forecast to grow 15.83% per year

  • Earnings have grown 7.4% per year over the past 5 years

Risks

No risks detected for ATEA from our risks checks.

View all Risks and Rewards

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: ORK's dividend (3.85%) is low compared to the top 25% of dividend payers in the Norwegian market (7.05%).

See Full Stock Report

Rewards

  • Trading at 45.5% below our estimate of its fair value

  • Earnings are forecast to grow 6.14% per year

  • Earnings have grown 9% per year over the past 5 years

Risks

No risks detected for ORK from our risks checks.

View all Risks and Rewards

SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: NONG's dividend (7.6%) is in the top 25% of dividend payers in the Norwegian market (7.05%)

  • Notable Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 37.7% below our estimate of its fair value

  • Earnings are forecast to grow 12.71% per year

  • Earnings grew by 24.3% over the past year

Risks

No risks detected for NONG from our risks checks.

View all Risks and Rewards

Bouvet ASA provides information technology, digital communication, and enterprise management services in Norway, Sweden, and internationally.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Notable Dividend

  • High Dividend: BOUV's dividend (3.87%) is low compared to the top 25% of dividend payers in the Norwegian market (7.05%).

  • Future Dividend Coverage

See Full Stock Report

Rewards

  • Trading at 28.5% below our estimate of its fair value

  • Earnings are forecast to grow 7.64% per year

  • Earnings grew by 18.5% over the past year

Risks

No risks detected for BOUV from our risks checks.

View all Risks and Rewards

Veidekke ASA operates as a construction and property development company.

Dividend Criteria

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: VEI's dividend (7.5%) is in the top 25% of dividend payers in the Norwegian market (7.05%)

  • Notable Dividend

  • Earnings Coverage

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 60.3% below our estimate of its fair value

  • Earnings are forecast to grow 13.13% per year

Risks

No risks detected for VEI from our risks checks.

View all Risks and Rewards

StrongPoint ASA develops and sells technology solutions for e-commerce and store operations in Norway, Sweden, and internationally.

Dividend Criteria

  • Stable Dividend

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: STRO's dividend (4.49%) is low compared to the top 25% of dividend payers in the Norwegian market (7.05%).

  • Earnings Coverage

See Full Stock Report

Rewards

  • Trading at 31.4% below our estimate of its fair value

  • Earnings are forecast to grow 49.82% per year

Risks

  • Does not have a meaningful market cap (NOK788M)

  • Profit margins (1.7%) are lower than last year (5.7%)

View all Risks and Rewards

Austevoll Seafood ASA, a seafood company, engages in the salmon and trout, white fish, and pelagic businesses in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, Asia, North America, South America, and internationally.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: AUSS's dividend (3.83%) is low compared to the top 25% of dividend payers in the Norwegian market (7.05%).

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 79.7% below our estimate of its fair value

  • Earnings are forecast to grow 9.8% per year

  • Earnings grew by 95% over the past year

Risks

No risks detected for AUSS from our risks checks.

View all Risks and Rewards

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia.

Dividend Criteria

  • Earnings Coverage

  • Future Dividend Coverage

  • High Dividend: KID's dividend (10.25%) is in the top 25% of dividend payers in the Norwegian market (7.05%)

  • Notable Dividend

  • Growing Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 25% below our estimate of its fair value

  • Earnings are forecast to grow 6.35% per year

  • Earnings have grown 26.3% per year over the past 5 years

Risks

No risks detected for KID from our risks checks.

View all Risks and Rewards
Page 1 of 2