Swiss stocks had a strong trading session on Thursday, driven by positive earnings updates from key companies. The SMI index closed with a gain of 0.4% at $11,946.66, with notable performances in the insurance sector.
Investors looking for stable returns and growth opportunities may find Swiss dividend stocks attractive. Here are three top Swiss dividend stocks yielding up to 5.7%:
1. Roche Holding (SWX:ROG) – Dividend Yield: 4.09%
2. Cembra Money Bank (SWX:CMBN) – Dividend Yield: 5.66%
3. Vontobel Holding (SWX:VONN) – Dividend Yield: 5.37%
EFG International AG, with a market cap of CHF3.54 billion, offers private banking, wealth management, and asset management services. The company has shown robust earnings growth and a reasonable payout ratio, with a dividend yield of 4.68%. Recent news includes an extension of its buyback plan and a special cash dividend.
Swiss Re AG, with a market cap of CHF31.26 billion, offers reinsurance and insurance solutions globally. The company has a dividend yield of 5.7% and recent news includes a proposed dividend increase and a new CEO appointment.
TX Group AG operates platforms offering information and entertainment services in Switzerland. The company has a dividend yield of 4.1% and recent events include dividend payments and strategic realignment efforts.
For more information on top dividend stocks in Switzerland, check out our full list of 27 stocks. Remember, this article provides commentary based on historical data and analyst forecasts and is not financial advice.