1Anno·

Scandinavian stocks with dividend payouts wanted


Hello everyone,


somehow I like Scandinavian stocks with dividend payouts and now I would like to know from you if you have a company in your portfolio or in mind which interests you. If there is a REIT from Sweden, Norway, Finland... that I don't know, then that would also be great information. Stocks from other segments are also welcome.


So that I can give something back to the community, my favorite stocks (in which I am also invested) including a "blurb" from Trade Republic:


$KCC (-1,67%) - "Klaveness Combination Carriers ASA is a Norway-based fleet operator. The company owns and operates combination carriers that can switch between dry and wet freight transportation. Its fleet consists of 16

vessels, eight CABU vessels and eight CLEANBU vessels. The CABU (Caustic Soda-Bulk) and CLEANBU (Clean Petroleum Product-Bulk) vessels mainly transport Clean Petroleum Products (CPP) or Caustic Soda Solution (CSS) from refineries and production facilities in the Middle East/India, the Far East or the United States Gulf to end users or traders in Australia and South America, the world's major dry bulk export centers. On the return journey, the combination carriers transport bulk goods such as alumina, bauxite, grain, salt, iron ore and coal."


$HAUTO (-0,08%) - "Hoegh Autoliners ASA is a Norway-based company operating in the international shipping industry.

Hoegh Autoliners ASA is a holding company and business is conducted through the company's operating subsidiaries. The group is a provider of roll-on-roll-off (RoRo) transportation services. The company offers its customers safe ocean transportation of RoRo cargo such as cars, high and heavy machinery, breakbulk, Car Equivalent Units (CEU) and other rolling and static cargo."


$VAR (+0,47%) - "Spinnoff" from ENI - "Var Energi ASA is a pure upstream oil and gas company based in Norway. It operates four fields on the Norwegian Continental Shelf (NCS), located in the Barents Sea, the Norwegian Sea and the North Sea. The company's objective is the exploration, development and production of hydrocarbons. Var Energi is involved in large-scale national projects aimed at developing and demonstrating ways to reduce greenhouse gas (GHG) emissions. The company holds ownership interests in more than 30 partner-operated fields."


$VALMT (-0,76%) - "Valmet Oyj is a Finland-based company that develops and provides services and technologies for the pulp, paper and energy industries. The company's services cover the entire cycle from maintenance outsourcing to mill and plant improvements and spare parts. The

company operates in four business segments: Services, Pulp and Energy, and Paper, which includes the development of products and services and global customer projects in the paper, pulp, tissue, paper and board, and bioenergy industries; and the Automation segment, which includes process automation. The company operates both domestically and overseas, including South, Central and North America, China, Asia and Europe."


I am still looking for the "right" entry point for these stocks: $YAR (-0,88%)
$ELK (-1,23%)


If you have any questions about the values, I can certainly go into them in more detail.


Thank you very much.


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78 Commenti

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$EQNR Equinor ASA (formerly Statoil) is a Norwegian company active in the exploration and production of oil and gas. The Group is the leading operator on the Norwegian continental shelf, but is also active worldwide in the most important oil and gas deposits. The portfolio includes the sale of crude oil and condensate as well as natural gas, but also further processing and refining. The Group is also active in the development of new energy resources, operates offshore wind farms and actively promotes carbon capture and storage (CCS) projects. The latter includes efforts to reduce CO2 emissions into the atmosphere by capturing them and storing them in underground reservoirs.
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@Pezi thanks, I wavered between $EQNR and $VAR I decided to go for $VAR for the time being. Greater growth potential. 😊👍🏻
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I joined$MPCC in my dividend mania. Let's see how it develops over the next few years.
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@DustyBottoms if they maintain 50%, two years is enough. 🤣
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@DustyBottoms Are you still at the start?
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Not a REIT, but Scandinavian 😉 $HUSQ A 12% of Husqvarna went to Bosch this year. I'm still waiting for the effect, but like products from both companies. The dividend was "bonus". And yes, with just a bit of play money in 😉
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I have had $ATCO B in my portfolio for some time and am currently very happy with it. I think it should definitely be worth a look for you.
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@Jogi98 Oh yes, I know them! They also make a lot of systems in the automotive sector! Thanks for reminding me of this value! 🥰
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Hi, I haven't read about $EVO in the comments yet. I was invested myself until about 6 months ago. I then decided for myself that I don't want to have any shares from the gambling sector in my portfolio.
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Amsc asa
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@Lukas1000 $AMSC Awesome one-off dividend! 😅 Thank you!
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@Kohlmeyse Yes, I did very well with them for a long time. Have sold a business unit
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I'm invested in Nibe, although well in the red 😂, but am considering adding to it.
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@Speggi Thank you! You see, I had forgotten about that value. I'm also looking for an entry point. I think the bottom is coming soon. 😊👍🏻
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$MOWI
$LSG
$UPM

I find very interesting. However, I am put off by the high withholding tax. How do you deal with it? Do you have any tips? Or don't you care?
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@DividendenWaschbaer I have a custody account with DKB specifically for dividend securities with the option of reducing withholding tax at source. If you submit the application there, the withholding tax rate is reduced to 15% and you can get this 15% back in full via the KAP income tax return. This is based on the double taxation agreement with some countries. In Japan, for example, you can be completely exempt from withholding tax.
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@DividendenWaschbaer PS: I knew $MOWI, but not the other two. Interesting values! Many thanks! 🥰
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@Kohlmeyse The cost of this exemption will be more expensive in January, right? Or does that count towards the French exemption? I was also thinking about opening a DKB custody account for this in the future. However, if they increase this to €30 (per country), then it will take me a very long time before it pays off for me 😅 But it would be interesting. Especially for my Japanese too.
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@DividendenWaschbaer Here is a list of the DKB for reduction: Finland (dividends) France (dividends) Israel (dividends) Italy (dividends) Italy (interest) Japan (dividends) Canada (dividends) Norway (dividends) Portugal (dividends) Sweden (dividends) Spain (interest) South Africa (dividends) South Korea (dividends) Czech Republic (dividends) However, you have to apply for each country individually. The costs are €11.99. DKB will provide you with the documents on request.
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@DividendenWaschbaer If you need more information or help, please feel free to get in touch.
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@Kohlmeyse Do you have any information about when and whether the costs will increase for all countries? I read that this exemption will cost €30 (per country) from 2024. Then it definitely wouldn't be worth it for me. If you don't know off the top of your head, I can look it up myself 😅 I'd just have to search first.
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@DividendenWaschbaer would be new to me and if so, I'll have to submit a few (I'm still missing Japan, for example). 😆 I'll just write to DKB, even with 30 euros it would be worth it for me. It makes the whole withholding tax process easier, as you don't have to reclaim anything from the source. It also increases your cash flow. 😊 The reductions/exemptions usually apply for 3 years or longer.
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@Kohlmeyse huhu, Is this reduction also possible for the USA?
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@PiHu which is reduced to 15% by default with most brokers.
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@Kohlmeyse I've just had a look. I can't find anything about the increase. Maybe I was wrong. I'm curious to see what dkb answers you. Regarding withholding tax Japan: the form is probably less worthwhile (unless you really expect massively high dividends). The withholding tax is 15.33% (15% + service fee or something like that) and 15% is deducted from this due to the double taxation agreement. So we are talking about a 0.3% refund here. Therefore irrelevant for me. But France/Scandinavia in particular remains interesting 👍🏻
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$ASSA B you can take a look. 25 billion market cap and slow but steady growth
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@7Trader am invested with a little more than 100 euros. 😅 It was more or less a placeholder for the time being. I never look at watchlists and when I'm minimally invested, the stock always gets attention from time to time. Will be expanded in the future. Would actually be a good stock to save in. 😊👍🏻
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$VAR I also have $OPRA in my portfolio, both of which are also strong dividend stocks.
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@asset_engineer_kafcq Thank you! When I think of Opera, I only think of the browser, and I had the feeling that it was pretty much outclassed by the competition. But apparently there are other lucrative business areas that are not obvious at first glance. Do you know a bit more about the company and how they make their money/where the moat is?
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$BAKKA I'm not invested myself. I became aware of it sometime after D Duck shared it here. I don't know if you have access to his portfolio, I think he even has more Scandinavian dividend payers.
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@FrauManu Thanks for the title. The slump in dividends from 2020 to 2022 is surely due to corona?
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@Kohlmeyse Perhaps @D-Duck can say something about this
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@D-Duck thank you, I had that wrong in my head 😁
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I can still think of $HEXA B:)
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$RANANorwegian iron ore company, operates mining, supply, processing, manufacture of specialty products, etc.
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@JUNl thanks, are you invested yourself? 😊
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Schau dir mal $EVO an
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$CIBUS Scandinavian REIT that holds real estate for grocery stores and supermarkets. Monthly distribution
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@Kohlmeyse I would like to thank you for the tips on Klave and Hoegh. I bought into them after analyzing them and they are gaining so much ground. I wouldn't have come across them on my own.
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In fact, Denmark is also part of Scandinavia, so of course the classic: Novo Nordisk $NOVO B Or a Coloplast $COLO B
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@Kohlmeyse I have had $METSO in my portfolio for many years and therefore also had $VALMT until the spin-off. But I sold it straight away. I still find $CGCBV and $KCR exciting. I was able to admire the products at the Hamburg terminals from time to time 😊
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$KNEBV Finnish elevator and escalator specialist with a dividend yield of over 4%.
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So far, $NOKIA hasn't even been thrown into the room, so I'm going to do it. I think they are undergoing an exciting transformation. They no longer have much to do with the old cell phone manufacturer. And the dividend is respectable.
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And I haven't read Investor AB either, the Scandinavian berkshire, some people say. I have it as a kind of Scandinavian ETF equivalent
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If 1.35% is not too low for you: I have $CEVI in my portfolio. In addition to the dividend, there is plenty of EPS and sales growth on top. From 4.75 earnings per share to 7.83 by 2025, sales from 650m to 850m. In the 2-year period already quite respectable in my opinion. Gross margin 66%, net profit margin 15.46%
Alpha Laval and Investor AB immediately spring to mind. I've never really looked at them, but Scandinavia has a high withholding tax.
According to DKB's current P/L list, setting up an advance withholding tax exemption now costs €30
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Yes, since fall 2022
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Yes, of course 👍
But I have enough ship shares in my portfolio for now.
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@TopperHarley You're welcome. 😊 At some point you must/should also realize partial profits. I'm still a little unsure here/not sure exactly when.
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I think $HAFNI is worth a look
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@Khlmysee $YAR You can slowly get ready to start, or what do you think? ✌️😉
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