July 2024 Guide To Dividend Stocks On SIX Swiss Exchange

Amidst a backdrop of moderate declines in the Switzerland market, concerns about global economic growth have influenced recent performances, with the SMI experiencing fluctuations within a narrow range. In this uncertain climate, dividend stocks on the SIX Swiss Exchange may offer investors potential stability and consistent returns.

Top 10 Dividend Stocks In Switzerland

Name	Dividend Yield	Dividend Rating
Cembra Money Bank (SWX:CMBN)	5.23%	★★★★★★
Vontobel Holding (SWX:VONN)	5.14%	★★★★★★
St. Galler Kantonalbank (SWX:SGKN)	4.36%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.58%	★★★★★★
Roche Holding (SWX:ROG)	3.51%	★★★★★☆
Julius Bär Gruppe (SWX:BAER)	5.00%	★★★★★☆
Helvetia Holding (SWX:HELN)	4.85%	★★★★★☆
Holcim (SWX:HOLN)	3.34%	★★★★★☆
DKSH Holding (SWX:DKSH)	3.30%	★★★★★☆
Basellandschaftliche Kantonalbank (SWX:BLKB)	4.73%	★★★★★☆

Click here to see the full list of 27 stocks from our Top SIX Swiss Exchange Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Burkhalter Holding (SWX:BRKN)

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

Overview: Burkhalter Holding AG operates in Switzerland, offering electrical engineering services to the construction sector, with a market capitalization of approximately CHF 946.84 million.

Operations: Burkhalter Holding AG generates CHF 1.16 billion from its electrical engineering services segment.

Dividend Yield: 5%

Burkhalter Holding offers a dividend yield of 4.99%, higher than the Swiss market average of 4.18%. Currently trading at 23.3% below estimated fair value, it shows potential for value investors. Dividends are well-covered by earnings and cash flows, with payout ratios of 89.9% and 87.1%, respectively. Despite a robust increase in earnings by 34.7% last year and an expected annual growth rate of 6%, the company's dividend history has been marked by volatility over the past decade, indicating some risk in stability and reliability of payments.

• Get an in-depth perspective on Burkhalter Holding's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential overvaluation of Burkhalter Holding shares in the market.

Meier Tobler Group (SWX:MTG)

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

Overview: Meier Tobler Group AG specializes in trading and servicing heat generation and air conditioning systems, with a market capitalization of CHF 370.82 million.

Operations: Meier Tobler Group AG generates CHF 104.67 million from services and CHF 441.25 million from distribution activities in the heat generation and air conditioning sector.

Dividend Yield: 4%

Meier Tobler Group's dividend history shows volatility, with significant drops over the past decade. Despite this, dividends have grown overall in the same period. The company's dividend yield stands at 3.96%, slightly below the top quartile of Swiss dividend stocks at 4.18%. Meier Tobler trades at a substantial discount, 64% below estimated fair value, suggesting potential for value appreciation. Dividend payments are sustainably covered by both earnings and cash flows, with payout ratios of 54.8% and 50.7%, respectively.

• Dive into the specifics of Meier Tobler Group here with our thorough dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Meier Tobler Group shares in the market.

TX Group (SWX:TXGN)

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

Overview: TX Group AG, based in Switzerland, operates a diverse network of platforms offering information, entertainment, and support services with a market capitalization of approximately CHF 1.75 billion.

Operations: TX Group AG generates revenue through various segments, with Tamedia contributing CHF 446.40 million, Goldbach CHF 274.70 million, 20 Minutes CHF 118.40 million, TX Markets CHF 133.80 million, and Groups & Ventures CHF 159.40 million.

Dividend Yield: 3.7%

TX Group recently turned profitable, but its dividend history reveals instability, with significant fluctuations over the last decade. The current dividend yield of 3.74% is below the Swiss market's top quartile. Despite trading at a 73% discount to its fair value estimate, concerns about dividend sustainability persist due to a high payout ratio of 86.9%. However, dividends are reasonably covered by cash flows with a cash payout ratio of 42.1%.

• Click to explore a detailed breakdown of our findings in TX Group's dividend report.
• Our comprehensive valuation report raises the possibility that TX Group is priced higher than what may be justified by its financials.

Summing It All Up

• Embark on your investment journey to our 27 Top SIX Swiss Exchange Dividend Stocks selection here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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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