Stock Analysis

Top Dividend Stocks On SIX Swiss Exchange To Consider

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The Swiss market has recently experienced modest gains amidst cautious investor sentiment, influenced by geopolitical tensions and anticipation of upcoming inflation data. In such a climate, dividend stocks on the SIX Swiss Exchange can offer stability and income potential, making them an attractive consideration for investors seeking reliable returns in uncertain times.

Top 10 Dividend Stocks In Switzerland

NameDividend YieldDividend Rating
Cembra Money Bank (SWX:CMBN)5.17%★★★★★★
Vaudoise Assurances Holding (SWX:VAHN)4.74%★★★★★★
St. Galler Kantonalbank (SWX:SGKN)4.67%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.95%★★★★★★
EFG International (SWX:EFGN)4.75%★★★★★☆
TX Group (SWX:TXGN)4.47%★★★★★☆
Julius Bär Gruppe (SWX:BAER)5.01%★★★★★☆
Luzerner Kantonalbank (SWX:LUKN)3.95%★★★★★☆
Basellandschaftliche Kantonalbank (SWX:BLKB)4.71%★★★★★☆
DKSH Holding (SWX:DKSH)3.39%★★★★★☆

Click here to see the full list of 26 stocks from our Top SIX Swiss Exchange Dividend Stocks screener.

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

Cembra Money Bank (SWX:CMBN)

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

Overview: Cembra Money Bank AG offers consumer finance products and services in Switzerland with a market cap of CHF2.27 billion.

Operations: Cembra Money Bank AG generates revenue from its consumer finance products and services in Switzerland.

Dividend Yield: 5.2%

Cembra Money Bank's dividend is appealing, with a yield of 5.17%, placing it in the top 25% of Swiss dividend payers. The bank's dividends have grown steadily over the past decade and remain well-covered by earnings, with a current payout ratio of 72.7%. Recent half-year results showed an increase in net income to CHF 78.34 million, supporting sustainable dividend payments. Trading at a discount to fair value enhances its attractiveness for income-focused investors.

SWX:CMBN Dividend History as at Oct 2024

CPH Group (SWX:CPHN)

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

Overview: CPH Group AG, with a market cap of CHF430.45 million, operates in the manufacture and sale of chemicals and packaging films across Switzerland, Europe, the Americas, Asia, and internationally.

Operations: CPH Group's revenue is derived from its Chemistry segment, contributing CHF128.62 million, Packaging segment with CHF219.70 million, and the Spun-off divisions (Paper) generating CHF245.37 million.

Dividend Yield: 5.6%

CPH Group's dividend yield of 5.57% ranks in the top 25% of Swiss dividend payers, yet its sustainability is questionable due to a high payout ratio of 249.1%. Despite an increase in dividends over the past decade, payments have been volatile and not reliably covered by earnings. Recent financial results show a net loss of CHF 8.66 million for the half year ended June 30, 2024, highlighting challenges in maintaining stable dividends amidst fluctuating profit margins and large one-off items impacting results.

SWX:CPHN Dividend History as at Oct 2024

Vaudoise Assurances Holding (SWX:VAHN)

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

Overview: Vaudoise Assurances Holding SA is a Swiss company offering insurance products and services, with a market cap of CHF1.34 billion.

Operations: Vaudoise Assurances Holding SA generates revenue through its diverse range of insurance products and services in Switzerland.

Dividend Yield: 4.7%

Vaudoise Assurances Holding offers a compelling dividend profile with a yield of 4.74%, placing it in the top 25% of Swiss dividend payers. Its dividends have been stable and growing over the past decade, supported by robust earnings coverage (payout ratio: 44.3%) and cash flows (cash payout ratio: 30.3%). Recent half-year earnings rose to CHF 81.17 million, reflecting strong financial health that underpins its reliable dividend payments without volatility concerns.

SWX:VAHN Dividend History as at Oct 2024

Key Takeaways

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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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