Despite some ups and downs, the Switzerland market showed resilience by closing slightly higher on Tuesday. This positive trend reflects a cautious optimism among investors, supported by modest economic data and mixed performances across different sectors. High-yield dividend stocks like LEM Holding are worth considering in such uncertain market conditions, as they can provide stability and potential income.
Here are the top 10 dividend stocks in Switzerland:
1. Roche Holding (SWX:ROG) – Dividend Yield: 4.27%
2. Cembra Money Bank (SWX:CMBN) – Dividend Yield: 5.56%
3. Vontobel Holding (SWX:VONN) – Dividend Yield: 5.42%
4. Banque Cantonale Vaudoise (SWX:BCVN) – Dividend Yield: 4.50%
5. St. Galler Kantonalbank (SWX:SGKN) – Dividend Yield: 4.14%
6. Novartis (SWX:NOVN) – Dividend Yield: 3.48%
7. EFG International (SWX:EFGN) – Dividend Yield: 4.72%
8. TX Group (SWX:TXGN) – Dividend Yield: 4.16%
9. Julius Bär Gruppe (SWX:BAER) – Dividend Yield: 4.80%
10. Basellandschaftliche Kantonalbank (SWX:BLKB) – Dividend Yield: 4.58%
LEM Holding SA, with a market capitalization of CHF 1.93 billion, is a standout option among these top dividend stocks. The company operates globally, offering solutions for measuring electrical parameters and has a dividend yield of 3.06%. While its earnings have shown consistent growth over the past five years and dividends have been stable, analysts believe that LEM is currently trading at a discount to fair value and anticipate a potential price increase of 24.5%.
For more insights on dividend stocks, you can explore the full list of 27 stocks from the Top Dividend Stocks screener. Remember, it’s essential to conduct thorough research and consider your own financial goals before making any investment decisions.