3 Swedish Dividend Stocks With Yields Ranging From 3% To 5.6%

As global markets respond to fluctuating inflation rates and interest adjustments, investors are keenly observing opportunities for stable returns. In this context, Swedish dividend stocks present an appealing option for those looking to balance yield with potential resilience amid broader economic shifts. In selecting strong dividend stocks, factors such as consistent yield performance, company stability, and market position become particularly pertinent in the current economic climate.

Top 10 Dividend Stocks In Sweden

Name	Dividend Yield	Dividend Rating
Betsson (OM:BETS B)	5.66%	★★★★★☆
Loomis (OM:LOOMIS)	4.52%	★★★★★☆
Nordea Bank Abp (OM:NDA SE)	8.76%	★★★★★☆
Zinzino (OM:ZZ B)	3.95%	★★★★★☆
Duni (OM:DUNI)	4.89%	★★★★★☆
HEXPOL (OM:HPOL B)	3.20%	★★★★★☆
Axfood (OM:AXFO)	3.23%	★★★★★☆
Skandinaviska Enskilda Banken (OM:SEB A)	5.35%	★★★★★☆
Avanza Bank Holding (OM:AZA)	4.74%	★★★★★☆
Bilia (OM:BILI A)	4.40%	★★★★☆☆

Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.

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

Betsson (OM:BETS B)

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

Overview: Betsson AB operates primarily in the online gaming sector across regions including the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, and Central Asia, with a market capitalization of SEK 18.17 billion.

Operations: Betsson AB generates €974.50 million in revenue from its Casinos & Resorts segment.

Dividend Yield: 5.7%

Betsson AB's dividend strategy presents a mixed outlook. While the company has increased its dividends over the last decade, payments have been volatile, with significant annual fluctuations. Currently, Betsson's dividends are well-supported by both earnings and cash flows, with payout ratios of 48.9% and 47.2%, respectively. Recent business expansions into new markets like Peru could influence future profitability and sustainability of dividends. Additionally, recent shareholder decisions included two separate redemption procedures in 2024 totaling €0.645 per share, reflecting a proactive approach to shareholder returns amidst regulatory adjustments in company bylaws concerning share limits.

• Navigate through the intricacies of Betsson with our comprehensive dividend report here.
• Our expertly prepared valuation report Betsson implies its share price may be lower than expected.

Knowit (OM:KNOW)

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

Overview: Knowit AB (publ) is a consultancy firm specializing in digital solutions development, with a market capitalization of approximately SEK 4.73 billion.

Operations: Knowit AB generates its revenue from several key segments: Insight contributes SEK 895.45 million, Solutions leads with SEK 3.91 billion, Experience adds SEK 1.48 billion, and Connectivity brings in SEK 1.05 billion.

Dividend Yield: 3%

Knowit's dividend strategy reveals a complex picture. While the company has managed to increase its dividends over the past decade, it has done so amidst significant volatility and a recent cut to SEK 5.20 per share in 2024, split into two payments. Despite a reasonable payout ratio of 70.9%, which suggests earnings adequately cover the dividends, Knowit's net profit margin declined from last year (5.1% to 2.9%), and its latest quarterly earnings also dropped significantly from SEK 99.8 million to SEK 61 million, indicating potential pressure on future dividend sustainability despite reasonable coverage by current earnings and cash flows (cash payout ratio: 39%).

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

Zinzino (OM:ZZ B)

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

Overview: Zinzino AB, a direct sales company based in Sweden, offers dietary supplements and skincare products globally, with a market capitalization of approximately SEK 2.60 billion.

Operations: Zinzino AB generates its revenue primarily through two segments: Faun, which contributed SEK 161.20 million, and Zinzino (including VMA Life), which added SEK 1.74 billion.

Dividend Yield: 4%

Zinzino AB has demonstrated robust revenue growth, with a 20% increase in the first half of 2024 to SEK 959.9 million, supported by strategic expansion into Serbia and potential acquisitions in the US and Asia. While its dividend yield of 3.95% is slightly below the top Swedish payers, dividends have shown consistency over the past decade. The company's dividend is well-covered by earnings and cash flow, both at a payout ratio of approximately 59.3%, ensuring reliability despite being lower than some peers in Sweden’s market.

• Get an in-depth perspective on Zinzino's performance by reading our dividend report here.
• Our valuation report here indicates Zinzino may be undervalued.

Key Takeaways

• Get an in-depth perspective on all 22 Top Swedish Dividend Stocks by using our screener here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Ready For A Different Approach?

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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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