Amidst a backdrop of fluctuating global markets, Sweden's economic resilience and stability continue to attract investors seeking reliable dividend yields. As global indices experience varied performance, Swedish dividend stocks offer an appealing blend of potential income generation and relative security in the current economic climate. In selecting strong dividend stocks, investors might consider companies with consistent payout histories and robust financial health, particularly in environments where market volatility is prevalent. These attributes can provide a buffer against broader market uncertainties while potentially delivering steady returns.
Top 10 Dividend Stocks In Sweden
| Name | Dividend Yield | Dividend Rating |
| Betsson (OM:BETS B) | 5.63% | ★★★★★☆ |
| Loomis (OM:LOOMIS) | 4.60% | ★★★★★☆ |
| Zinzino (OM:ZZ B) | 4.10% | ★★★★★☆ |
| Nordea Bank Abp (OM:NDA SE) | 8.71% | ★★★★★☆ |
| Duni (OM:DUNI) | 4.85% | ★★★★★☆ |
| HEXPOL (OM:HPOL B) | 3.40% | ★★★★★☆ |
| Skandinaviska Enskilda Banken (OM:SEB A) | 5.45% | ★★★★★☆ |
| Axfood (OM:AXFO) | 3.29% | ★★★★★☆ |
| Avanza Bank Holding (OM:AZA) | 4.79% | ★★★★★☆ |
| Bahnhof (OM:BAHN B) | 3.75% | ★★★★☆☆ |
Click here to see the full list of 22 stocks from our Top Swedish Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Avanza Bank Holding (OM:AZA)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Avanza Bank Holding AB operates in Sweden, providing a variety of savings, pension, and mortgage products with a market capitalization of SEK 37.78 billion.
Operations: Avanza Bank Holding AB generates its revenue primarily from commercial operations, which amounted to SEK 3.96 billion.
Dividend Yield: 4.8%
Avanza Bank Holding offers a dividend yield of 4.79%, ranking in the top 25% within the Swedish market, supported by a payout ratio of 87.3% from earnings and a cash payout ratio of 55.8%. Despite its attractive price-to-earnings ratio at 18.3x, which is below the market average, Avanza's dividend history shows volatility over the past decade. Recent financials indicate steady growth with net income rising to SEK 1.06 billion for the first half of 2024, up from SEK 973 million year-over-year, suggesting an improving earnings trajectory that could support future dividends despite past inconsistencies.
- Click to explore a detailed breakdown of our findings in Avanza Bank Holding's dividend report.
- The analysis detailed in our Avanza Bank Holding valuation report hints at an inflated share price compared to its estimated value.
Solid Försäkringsaktiebolag (OM:SFAB)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Solid Försäkringsaktiebolag operates as a provider of non-life insurance products for private individuals across Sweden, Denmark, Norway, Finland, and other parts of Europe, with a market capitalization of approximately SEK 1.58 billion.
Operations: Solid Försäkringsaktiebolag generates revenue through three primary segments: Product (SEK 328.53 million), Assistance (SEK 339.51 million), and Personal Safety (SEK 423.71 million).
Dividend Yield: 5.2%
Solid Försäkringsaktiebolag offers a dividend yield of 5.24%, placing it in the upper quartile of Swedish dividend payers. The company's dividends are well-supported with a payout ratio of 50.2% from earnings and a higher cash payout ratio at 86.5%. Despite being new to dividends, with payments only starting recently, SFAB shows promise with an earnings growth of 21.4% over the past year. However, its dividend track record is not yet established, making its future payouts uncertain.
- Take a closer look at Solid Försäkringsaktiebolag's potential here in our dividend report.
- In light of our recent valuation report, it seems possible that Solid Försäkringsaktiebolag is trading behind its estimated value.
Zinzino (OM:ZZ B)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Zinzino AB (publ), headquartered in Sweden, operates internationally as a direct sales company offering dietary supplements and skincare products, with a market capitalization of approximately SEK 2.51 billion.
Operations: Zinzino AB generates its revenue primarily through two segments: Faun, which contributed SEK 161.20 million, and Zinzino (including VMA Life), which accounted for SEK 1737.25 million in sales.
Dividend Yield: 4.1%
Zinzino AB, trading at 63.5% below estimated fair value, offers a stable dividend yield of 4.1%. Dividends are well-supported with a payout ratio of 59.9% from earnings and a cash payout ratio of 59.3%, indicating sustainability. The company has reliably increased dividends over the past decade, although its yield is slightly below the top quartile in Sweden's market (4.14%). Recent expansions into Serbia and strategic acquisitions in the US and Asia highlight growth initiatives that could bolster future revenues, which are projected to grow by 9.7% annually.
- Navigate through the intricacies of Zinzino with our comprehensive dividend report here.
- The analysis detailed in our Zinzino valuation report hints at an deflated share price compared to its estimated value.
Seize The Opportunity
- Dive into all 22 of the Top Swedish Dividend Stocks we have identified here.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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Searching for a Fresh Perspective?
- 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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About OM:SFAB
Solid Försäkringsaktiebolag
Provides non-life insurance to private and business customers in Sweden, Denmark, Norway, Finland, Germany, Switzerland, and internationally.
Adequate balance sheet average dividend payer.
