Top 18 Swedish Dividend Stocks for High Returns in 2024

Curious about the top Swedish dividend stocks?

In the dynamic world of investments, finding dependable income sources is key. If you’re exploring the Swedish market or seeking to diversify your portfolio, Swedish dividend stocks might be the perfect choice. 

These stocks offer a balance of consistent payouts and potential growth, making them a favored option among income-focused investors. 

Join us on a journey to discover the top Swedish dividend stocks, where we’ll explore their dividend yields, payout ratios, and what makes them stand out in the ever-evolving world of finance.

Best Swedish Dividend Stocks

Sandvik


Sandvik, with a dividend yield of 2.64%, offers stability and reliability. Their conservative payout ratio of 43.37% suggests they have room for potential growth.

>> Sandvik Dividend History

Tele2


Boasting a high dividend yield of 8.59%, Tele2 catches the eye of income-seeking investors. However, their relatively high payout ratio of 126.88% raises concerns about sustainability.

>> Tele2 Dividend History

Autoliv


Autoliv’s dividend yield of 2.87% is backed by a moderate payout ratio of 54.66%. This balance offers investors a solid income option.

>> Autoliv Dividend History

Boliden


With a generous dividend yield of 5.25%, Boliden appears appealing. Its payout ratio of 58.66% indicates they prioritize consistent returns.

>> Boliden Dividend History

Castellum


Castellum offers a robust dividend yield of 5.99%. Yet, their elevated payout ratio of 143.67% suggests a need for caution, as it might be challenging to sustain these payouts over the long term.

>> Castellum Dividend History

Electrolux


Electrolux presents a high 8.31% dividend yield, seemingly attractive for income investors.

>> Electrolux Dividend History

EQT


EQT offers a modest 1.48% dividend yield but comes with a concerning payout ratio of 152.65%, indicating potential instability in dividend payments.

>> EQT Dividend History

Ericsson


Ericsson provides a reasonable 5.17% dividend yield, and a payout ratio of 71.33%, making it a solid choice for income seekers with an eye on growth.

>> Ericsson Dividend History

Essity


Essity offers a 2.85% dividend yield alongside a manageable payout ratio of 56.95%, making it an appealing option for consistent income.

>> Essity Dividend History

Hexagon

With a 1.49% dividend yield and a moderate payout ratio of 37.38%, Hexagon shows potential for providing steady income, though further investigation is advisable.

>> Hexagon Dividend History

NCC


NCC offers a promising 5.24% dividend yield with a reasonable payout ratio of 43.42%, making it an attractive choice for dividend-focused investors.

>> NCC Dividend History

NIBE Industrier


NIBE Industrier provides a lower 1.01% dividend yield but maintains a manageable payout ratio of 25.90%, offering potential for steady income.

>> NIBE Industrier  Dividend History

Paradox Interactive


Paradox Interactive presents a modest 0.94% dividend yield, coupled with a reasonable 33.90% payout ratio, which could be appealing for income seekers.

>> Paradox Dividend History

Securitas


Securitas offers a 3.87% dividend yield with a low 20.18% payout ratio, making it an interesting option for consistent dividend payments.

>> Securitas Dividend History

Skanska


Skanska provides a solid 4.53% dividend yield and a reasonable payout ratio of 38.58%, making it an attractive choice for dividend investors.

>> Skanska Dividend History

SSAB

SSAB, a prominent steel company in Sweden, offers an attractive dividend yield of 13.44%. 

>> SSAB Dividend History

Swedbank

Swedbank, a leading Swedish bank, provides a dividend yield of 5.34%. The moderate payout ratio of 33.19% indicates financial stability and a commitment to rewarding shareholders.

>> Swedbank Dividend History

Husqvarna

Husqvarna, a global manufacturer, offers a dividend yield of 4.16%. However, the relatively high payout ratio of 159.24% suggests a potential need for careful consideration, as it might impact future dividend sustainability.

>> Husqvarna Dividend History

Are Swedish Dividend Stocks a Good Investment?

Investing in Swedish dividend stocks can be a sound strategy for income-focused investors. These stocks often offer competitive dividend yields, providing a reliable source of passive income. Moreover, Sweden’s strong and stable economy, coupled with its transparent regulatory environment, adds to the appeal. Investors should assess individual stocks for factors like payout ratio and consistent dividend history to make informed decisions. Overall, Swedish dividend stocks offer the potential for consistent income streams in a country known for its financial stability.

If you are considering Swedish dividend stocks, it’s important to diversify your portfolio and perform thorough research to select the stocks that align with your investment goals. Diversification can help manage risk, ensuring that you have a mix of dividend-paying stocks across various sectors for a well-rounded income strategy.

Factors to Consider when Investing in Swedish Dividend Stocks

When investing in Swedish dividend stocks, several factors warrant your attention. First, assess the company’s payout ratio. A lower ratio indicates a more sustainable dividend policy. Consider the stock’s history of consistent dividend payments, as this can reflect financial stability. Furthermore, keep an eye on economic and market conditions. Sweden’s political and economic stability is a boon, but it’s crucial to stay updated on global economic trends that may affect these stocks. Diversification is key; investing in various sectors can help spread risk and optimize your dividend portfolio.

Additionally, don’t overlook currency risk. If you’re not investing in the local currency, exchange rates can impact returns. Finally, stay informed about taxation. Sweden’s dividend tax policies may affect your earnings. Therefore, consulting with a financial advisor who understands the Swedish investment landscape can be beneficial. Taking these factors into account will help you make informed decisions when investing in Swedish dividend stocks.



Articles related to this:

>> Top 39 Asia Dividend Stocks

>> Top 4 Korean Dividend Stocks

>> Top 6 Norwegian Dividend Stocks

>> Top 7 Dividend Stocks New Zealand

>> Top 7 Brazil Dividend Stocks

>> Top 33 German Dividend Stocks

>> Top 41 Swiss Dividend Stocks

>> Top 12 Dividend Paying Stocks in South Africa

>> Top 9 Danish Dividend Stocks

>> Top 5 Irish Dividend Stocks

>> Top 18 Italian Dividend Stocks

>> Top 10 Spanish Dividend Stocks

>> Top 26 Dutch Dividend Stocks