Swiss stocks have been performing well, with the SMI index rising by 0.95% due to positive earnings forecasts and interest rate expectations. This positive trend indicates a strong economic environment that is beneficial for investors interested in dividend-yielding stocks in Switzerland. It is important to identify stocks that offer sustainable dividends in such a promising market, as they can provide a stable income and potential for growth.
Here are the top 10 dividend stocks in Switzerland:
1. Vontobel Holding (SWX:VONN) – 5.48% dividend yield
2. Cembra Money Bank (SWX:CMBN) – 5.12% dividend yield
3. Banque Cantonale Vaudoise (SWX:BCVN) – 4.44% dividend yield
4. St. Galler Kantonalbank (SWX:SGKN) – 4.36% dividend yield
5. Novartis (SWX:NOVN) – 3.29% dividend yield
6. Roche Holding (SWX:ROG) – 3.86% dividend yield
7. CPH Group (SWX:CPHN) – 5.80% dividend yield
8. Julius Bär Gruppe (SWX:BAER) – 5.07% dividend yield
9. Helvetia Holding (SWX:HELN) – 5.05% dividend yield
10. Basellandschaftliche Kantonalbank (SWX:BLKB) – 4.71% dividend yield
Helvetia Holding AG, with a market capitalization of CHF 6.59 billion, operates in the insurance and reinsurance sectors across various markets. The company generates revenue from its life and non-life insurance operations. Despite concerns about its low profit margins, Helvetia Holding AG recently proposed a dividend increase, showing confidence in its financial stability. While its dividends are not well-covered by earnings, the company maintains a reliable dividend history. With a cash payout ratio of 36.5% and expected earnings growth, the company’s dividends are reasonably supported.
Remember, this article is for informational purposes only and does not constitute financial advice. It is essential to conduct thorough research before making any investment decisions.