Dividend Growth Stock Screen — Nordics
Dividend growth investors look for companies that raise their dividend year after year, funded by a profitable business rather than by debt. This screen keeps stocks yielding at least 2% whose dividend grew by at least 5% a year over the last three years, with solid returns, margins and a moderate balance sheet.
The rules of this screen
A stock listed in the Nordics appears below only if it passes every rule:
- Return on equity (ROE) of at least 12%
- Net profit margin of at least 8%
- Dividend yield of at least 2% (last twelve months)
- Dividend per share grew at least 5% a year over the last 3 years
- Debt-to-equity of 0.75 or less (total debt at most 75% of shareholders' equity)
Data comes from company filings and market prices, refreshed after every trading day. Stocks with a missing value for any rule are left out.
Dividend Growth Stock Screen — Nordics: top stocks by market cap
46 Nordic stocks match this screen. Top 30 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | Novo Nordisk A/S | NOVO-BCPH | Healthcare | €164.2B | 10.9 | 4.24% | -24.8% |
| 2 | Telefonaktiebolaget LM Ericsson (publ) | ERIC-ASTO | Technology | €31.8B | 18.7 | 2.75% | +16.9% |
| 3 | Telefonaktiebolaget LM Ericsson (publ) | ERIC-BSTO | Technology | €31.1B | 18.3 | 2.80% | +14.9% |
| 4 | Telefonaktiebolaget LM Ericsson (publ) | ERIBRHEL | Technology | €31.0B | 18.1 | 2.77% | +30.0% |
| 5 | Essity AB (publ) | ESSITY-ASTO | Consumer Defensive | €17.8B | 17.9 | 3.02% | +15.6% |
| 6 | Essity AB (publ) | ESSITY-BSTO | Consumer Defensive | €17.8B | 17.9 | 3.02% | +15.2% |
| 7 | Wärtsilä Oyj Abp | WRT1VHEL | Industrials | €15.4B | 23.8 | 2.05% | -3.2% |
| 8 | Metso Oyj | METSOHEL | Industrials | €14.2B | 29.5 | 2.31% | +25.3% |
| 9 | Tryg A/S | TRYGCPH | Financial Services | €13.4B | 21.7 | 5.20% | +7.2% |
| 10 | Gjensidige Forsikring ASA | GJFOSL | Financial Services | €13.4B | 20.4 | 3.59% | +8.7% |
| 11 | Boliden AB (publ) | BOLSTO | Basic Materials | €12.8B | 10.0 | 2.16% | +22.7% |
| 12 | Nordnet AB (publ) | SAVESTO | Financial Services | €8.1B | 26.4 | 2.42% | +35.2% |
| 13 | H. Lundbeck A/S | HLUN-ACPH | Healthcare | €7.7B | 14.2 | 2.02% | +74.0% |
| 14 | Konecranes Plc | KCRHEL | Industrials | €7.0B | 17.6 | 7.57% | +13.2% |
| 15 | Avanza Bank Holding AB (publ) | AZASTO | Financial Services | €5.7B | 21.5 | 3.36% | +13.6% |
| 16 | Protector Forsikring ASA | PROTOSL | Financial Services | €3.8B | 16.4 | 4.18% | +11.5% |
| 17 | Wilh. Wilhelmsen Holding ASA | WWIOSL | Industrials | €3.5B | 7.2 | 2.24% | +80.1% |
| 18 | Wilh. Wilhelmsen Holding ASA | WWIBOSL | Industrials | €3.4B | 6.9 | 2.35% | +84.6% |
| 19 | Thule Group AB (publ) | THULESTO | Consumer Cyclical | €2.1B | 18.8 | 3.86% | -9.8% |
| 20 | Cloetta AB (publ) | CLA-BSTO | Consumer Defensive | €1.6B | 19.7 | 2.24% | +83.2% |
| 21 | Nolato AB (publ) | NOLA-BSTO | Healthcare | €1.3B | 21.1 | 3.23% | -10.1% |
| 22 | Ratos AB (publ) | RATO-ASTO | Industrials | €1.3B | — | 3.28% | +14.2% |
| 23 | Ratos AB (publ) | RATO-BSTO | Industrials | €1.3B | — | 3.30% | +19.6% |
| 24 | 2020 Bulkers Ltd. | 2020OSL | Industrials | €1.2B | 0.1 | 126.06% | -91.2% |
| 25 | Betsson AB (publ) | BETS-BSTO | Consumer Cyclical | €1.2B | 10.8 | 7.57% | -33.0% |
| 26 | Norbit ASA | NORBTOSL | Technology | €1.1B | 24.3 | 2.68% | -5.2% |
| 27 | Pexip Holding ASA | PEXIPOSL | Technology | €696.8M | 22.3 | 5.87% | +19.4% |
| 28 | Ålandsbanken Abp | ALBAVHEL | Financial Services | €666.7M | 13.5 | 8.10% | -8.9% |
| 29 | Ålandsbanken Abp | ALBBVHEL | Financial Services | €652.8M | 13.3 | 8.29% | -0.7% |
| 30 | Investment AB Öresund (publ) | ORESSTO | Financial Services | €640.1M | 5.8 | 4.68% | +41.9% |
The same rules on every market the screener covers: the US, Canada, Europe, Australia and more. Free, no account needed.
Run this screen on all 18,000+ stocksHow to use this screen
Three years of growth is a short record, and a special dividend can inflate it. Check the payout ratio and free cash flow cover on each company page, and remember that dividends can be cut. Withholding tax on foreign dividends varies by country.
This page lists the stocks that pass a set of rules. It is not a recommendation to buy or sell any of them, and past results of a strategy say nothing certain about future returns.