Stock Analysis

3 Dividend Stocks On The SIX Swiss Exchange Yielding Up To 4.8%

SWX:MOZN
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The Switzerland market closed higher on Friday, tracking positive cues from other European markets amid hopes the Federal Reserve will cut interest rates next week and possibly announce more reductions before the end of the year. In this favorable environment, dividend stocks can offer a reliable income stream and potential for capital appreciation.

Top 10 Dividend Stocks In Switzerland

NameDividend YieldDividend Rating
Cembra Money Bank (SWX:CMBN)5.09%★★★★★★
Vaudoise Assurances Holding (SWX:VAHN)4.72%★★★★★★
St. Galler Kantonalbank (SWX:SGKN)4.62%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.82%★★★★★★
EFG International (SWX:EFGN)4.84%★★★★★☆
Julius Bär Gruppe (SWX:BAER)5.52%★★★★★☆
TX Group (SWX:TXGN)4.51%★★★★★☆
Luzerner Kantonalbank (SWX:LUKN)4.01%★★★★★☆
Basellandschaftliche Kantonalbank (SWX:BLKB)4.69%★★★★★☆
DKSH Holding (SWX:DKSH)3.38%★★★★★☆

Click here to see the full list of 25 stocks from our Top SIX Swiss Exchange Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Banque Cantonale Vaudoise (SWX:BCVN)

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

Overview: Banque Cantonale Vaudoise provides a range of financial services in Vaud Canton, Switzerland, the European Union, North America, and internationally with a market cap of CHF7.66 billion.

Operations: Banque Cantonale Vaudoise operates through several revenue segments, including retail banking, corporate banking, wealth management, and trading activities.

Dividend Yield: 4.8%

Banque Cantonale Vaudoise reported net interest income of CHF 290.8 million and net income of CHF 221.1 million for the half year ended June 30, 2024. Despite a slight dip in net income, BCVN's dividend payments have been reliable and growing over the past decade with a stable payout ratio currently at 78.7%. The bank's price-to-earnings ratio (17x) is attractive compared to the Swiss market average (21x), making it a solid option for dividend investors seeking stability and growth potential in their portfolios.

SWX:BCVN Dividend History as at Sep 2024
SWX:BCVN Dividend History as at Sep 2024

Liechtensteinische Landesbank (SWX:LLBN)

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

Overview: Liechtensteinische Landesbank Aktiengesellschaft offers banking products and services in Liechtenstein, Switzerland, Germany, Austria, and internationally with a market cap of CHF2.21 billion.

Operations: Liechtensteinische Landesbank Aktiengesellschaft generates revenue through its Corporate Center (CHF2.40 million), Retail & Corporate Banking (CHF313.30 million), and International Wealth Management (CHF241.83 million) segments.

Dividend Yield: 3.7%

Liechtensteinische Landesbank's dividend yield (3.73%) is lower than the top 25% of Swiss dividend payers. The bank maintains a low payout ratio (49.7%), ensuring dividends are well covered by earnings now and in three years, despite a volatile dividend history over the past decade. Recent half-year results show net interest income at CHF 67.73 million and net income at CHF 90.16 million, indicating stable financial performance but highlighting some inconsistencies in dividend reliability.

SWX:LLBN Dividend History as at Sep 2024
SWX:LLBN Dividend History as at Sep 2024

mobilezone holding ag (SWX:MOZN)

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

Overview: Mobilezone Holding AG, with a market cap of CHF575.48 million, offers mobile and fixed-line telephony, television, and internet services for various network operators in Germany and Switzerland through its subsidiaries.

Operations: Mobilezone Holding AG generates revenues of CHF727.71 million from Germany and CHF291.80 million from Switzerland through its subsidiaries.

Dividend Yield: 3.7%

mobilezone holding ag's dividend yield (3.72%) is below the top 25% of Swiss dividend payers. Despite stable dividends per share over the past decade, payments have been unreliable and have declined. The company's recent earnings report shows net income at CHF 20.26 million for H1 2024, with sales rising slightly to CHF 479.55 million. Dividends are covered by both earnings (payout ratio: 79.1%) and cash flows (cash payout ratio: 80.9%), though debt coverage remains a concern.

SWX:MOZN Dividend History as at Sep 2024
SWX:MOZN Dividend History as at Sep 2024

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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