In a day of fluctuating fortunes for the Swiss market, which mostly remained in positive territory but closed with a slight decline, discerning investors may find stable dividend stocks like Burkhalter Holding to be resilient options amidst market inconsistencies.
Here are some of the top dividend stocks in Switzerland:
1. Vontobel Holding (SWX:VONN) – Dividend Yield: 5.50%
2. Cembra Money Bank (SWX:CMBN) – Dividend Yield: 5.10%
3. Banque Cantonale Vaudoise (SWX:BCVN) – Dividend Yield: 4.48%
4. St. Galler Kantonalbank (SWX:SGKN) – Dividend Yield: 4.38%
5. Novartis (SWX:NOVN) – Dividend Yield: 3.32%
6. Roche Holding (SWX:ROG) – Dividend Yield: 3.92%
7. Julius Bär Gruppe (SWX:BAER) – Dividend Yield: 5.09%
8. Helvetia Holding (SWX:HELN) – Dividend Yield: 5.12%
9. Basellandschaftliche Kantonalbank (SWX:BLKB) – Dividend Yield: 4.71%
10. EFG International (SWX:EFGN) – Dividend Yield: 4.09%
Burkhalter Holding AG is a company specializing in providing electrical engineering services to the construction sector in Switzerland, with a market capitalization of CHF 955.33 million. The company generates CHF 1.16 billion primarily from its electrical engineering services, with a dividend yield of 4.9%. Despite a volatile dividend history, Burkhalter Holding’s dividends are well-supported, with earnings increasing by 34.7% last year and expected to grow by 6% annually.
St. Galler Kantonalbank AG, serving the Cantons of St. Gallen, offers banking products and services to local residents and small to mid-sized businesses, with a market capitalization of CHF 2.59 billion. The company generates revenue by providing banking services, with a dividend yield of 4.4%. St. Galler Kantonalbank’s dividends have shown stability and growth over the last decade, supported by consistent earnings increase.
Swiss Re AG operates globally, offering wholesale reinsurance, insurance, and other risk transfer services, with a market capitalization of approximately CHF 32.05 billion. The company’s revenue is primarily derived from three segments, with a dividend yield of 5.5%. Despite an unstable dividend history, Swiss Re’s dividends are well-supported, with recent operational enhancements but potential risks and opportunities for investors due to past volatility in dividends.
Investors can explore more about these companies and other top dividend stocks using various tools and resources available in the market. Remember to conduct thorough research and consider your financial goals before making any investment decisions.