3 Top Dividend Stocks On SIX Swiss Exchange Yielding Up To 5%

The Switzerland market ended on a firm note on Tuesday, buoyed by stimulus measures from the Chinese central bank aimed at reviving economic growth. The benchmark SMI gained 0.7%, reflecting positive sentiment across Europe. In this favorable climate, dividend stocks can offer stable returns and income generation. Here are three top dividend stocks on the SIX Swiss Exchange yielding up to 5%.

Top 10 Dividend Stocks In Switzerland

Name	Dividend Yield	Dividend Rating
Cembra Money Bank (SWX:CMBN)	5.16%	★★★★★★
Vaudoise Assurances Holding (SWX:VAHN)	4.71%	★★★★★★
St. Galler Kantonalbank (SWX:SGKN)	4.62%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.95%	★★★★★★
EFG International (SWX:EFGN)	4.81%	★★★★★☆
Julius Bär Gruppe (SWX:BAER)	5.32%	★★★★★☆
TX Group (SWX:TXGN)	4.56%	★★★★★☆
Luzerner Kantonalbank (SWX:LUKN)	4.06%	★★★★★☆
Basellandschaftliche Kantonalbank (SWX:BLKB)	4.71%	★★★★★☆
DKSH Holding (SWX:DKSH)	3.46%	★★★★★☆

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

Let's uncover some gems from our specialized screener.

Berner Kantonalbank (SWX:BEKN)

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

Overview: Berner Kantonalbank AG provides banking products and services to private individuals and corporate customers in Switzerland, with a market cap of CHF2.12 billion.

Operations: Berner Kantonalbank AG generates CHF539.60 million in revenue from its banking products and services for private individuals and corporate customers in Switzerland.

Dividend Yield: 4.3%

Berner Kantonalbank offers a reliable dividend, with payments increasing over the past 10 years and a stable payout ratio of 52.8%. Its Price-To-Earnings ratio of 12.2x is below the Swiss market average, suggesting good value. However, its dividend yield of 4.35% is slightly lower than the top quartile in Switzerland. Recent earnings for H1 2024 showed steady net interest income at CHF198 million and net income at CHF75.29 million, indicating consistent financial performance.

• Click here to discover the nuances of Berner Kantonalbank with our detailed analytical dividend report.
• Our valuation report here indicates Berner Kantonalbank may be overvalued.

Burkhalter Holding (SWX:BRKN)

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

Overview: Burkhalter Holding AG, with a market cap of CHF937.29 million, offers electrical engineering services to the construction sector in Switzerland through its subsidiaries.

Operations: Burkhalter Holding AG generates CHF1.18 billion in revenue from its electrical engineering services provided to the Swiss construction sector.

Dividend Yield: 5%

Burkhalter Holding's dividend yield of 5.04% places it in the top 25% of Swiss dividend payers, though its track record has been volatile over the past decade. Recent earnings for H1 2024 showed revenue at CHF570.3 million and net income at CHF23.3 million, indicating growth from the previous year. Despite being dropped from the S&P Global BMI Index, its dividends are covered by both earnings (payout ratio: 87.4%) and cash flows (cash payout ratio: 59.7%).

• Take a closer look at Burkhalter Holding's potential here in our dividend report.
• Our valuation report unveils the possibility Burkhalter Holding's shares may be trading at a premium.

Romande Energie Holding (SWX:REHN)

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

Overview: Romande Energie Holding SA, with a market cap of CHF1.23 billion, is involved in the production, distribution, and marketing of electrical and thermal energy in Switzerland.

Operations: Romande Energie Holding SA's revenue segments include Grids (CHF311.94 million), Corporate (CHF68.28 million), Energy Solutions (CHF539.70 million), and Romande Energie Services (CHF163.79 million).

Dividend Yield: 3%

Romande Energie Holding's dividends have been stable and growing over the past decade, though its 3.01% yield is below the top 25% of Swiss dividend payers. Despite a low payout ratio (17.4%), dividends are not covered by free cash flows, raising sustainability concerns. The company trades at a favorable P/E ratio (5.8x) compared to the Swiss market (21x). Recent earnings grew by 476.6%, but forecasted declines may impact future payouts.

• Unlock comprehensive insights into our analysis of Romande Energie Holding stock in this dividend report.
• Our expertly prepared valuation report Romande Energie Holding implies its share price may be lower than expected.

Make It Happen

• Delve into our full catalog of 26 Top SIX Swiss Exchange Dividend Stocks here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Ready For A Different Approach?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com