Uncovering one of Sweden's many Hidden Dividend Gems

A Lesser-Known Investment Opportunity | Debt-Free with Accelerating Dividend Growth

This new Focus Stock also hails from Europe; it’s a Swedish online retailer that has just announced the largest dividend increase in its history. Moreover, it’s a company with a debt-free balance sheet that experiences double-digit revenue growth annually.

The great thing about Sweden is that the Nordic country is home to many great dividend growth stocks, including this one!

👉 Some quick stats:

• Market cap: $500 million (SEK 5.2 billion)

• Dividend yield: 2.6%

• Dividends paid since: 2021

• 2024 dividend hike: +39.5%

• Estimated p/e (2024): 15

Now let’s dive into this fast growing company from Sweden!