Norwegian Dividend Stocks: Top 46 for High Returns - 2024

Norwegian dividend stocks are gaining attention for their ability to deliver consistent income and strong long-term growth. Known for their stability and reliable payouts, many companies in Norway offer attractive dividend yields, making them a solid choice for income-focused investors. Whether you're looking for stocks in the energy, shipping, or other key sectors, Norwegian companies provide a diverse range of opportunities to build a dividend-paying portfolio. In this post, we'll explore some of the best Norwegian dividend stocks, offering insights into their performance, dividend yields, and potential for growth.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
2020 Bulkers29.93%93.60%3.19%1.74%0.52%0.00%0.00%
Aasen Sparebank7.32%0.00%4.01%0.26%0.07%-4.07%0.00%
Aker BP11.36%103.87%9.04%1.04%0.11%18.35%0.00%
AMSC4.94%101.49%0.97%0.09%0.30%54.30%0.00%
Arendals Fossekompani2.77%-45.95%-16.28%3.23%-0.18%0.00%-34.58%
Aurskog Sparebank6.28%29.37%4.68%0.48%0.11%7.67%2.78%
Austevollafood4.42%156.28%9.41%1.31%0.14%14.46%16.44%
Belships203.01%79.60%6.34%1.45%0.24%0.00%0.00%
BW Offshore117.66%47.49%0.39%0.43%1.14%0.00%0.00%
DNO11.01%129.80%11.83%0.73%0.06%52.56%0.00%
Elopak38.54%0.00%15.41%3.19%0.21%0.00%0.00%
Equinor12.32%99.55%7.14%1.52%0.20%31.66%11.98%
Europris5.00%63.04%12.82%2.94%0.23%-10.07%0.00%
Hafnia18.50%66.97%3.43%1.12%0.35%0.00%0.00%
Klaveness Combination Carriers9.63%76.59%4.35%1.16%0.27%0.00%0.00%
Kongsberg Gruppen1.07%25.55%47.86%13.41%0.29%22.69%12.33%
Melhus Sparebank7.64%0.00%5.25%0.30%0.06%5.29%-1.27%
Mowi3.40%68.87%20.72%2.45%0.12%-6.43%0.00%
Multiconsult4.31%50.31%11.62%4.57%0.40%43.10%0.00%
NorAm Drilling14.60%6791.08%425.90%2.06%0.00%0.00%0.00%
Odfjell14.86%46.70%2.97%0.92%0.32%0.00%0.00%
OKEA4.95%-10.97%-2.22%2.02%-1.18%0.00%0.00%
Olav Thon Eiendomsselskap3.20%-513.67%-154.40%0.70%-0.00%24.19%-5.95%
P/F Bakkafrost2.04%90.53%44.60%2.38%0.05%8.28%22.82%
Pareto Bank6.04%43.24%7.77%1.02%0.14%19.26%0.00%
Polaris Media1.15%8.68%7.27%1.22%0.18%0.00%0.00%
Protector Forsikring3.10%37.74%12.07%4.57%0.41%0.00%0.00%
Rana Gruber12.32%83.11%5.66%2.99%0.54%0.00%0.00%
Reach Subsea4.04%40.54%10.61%2.49%0.25%0.00%0.00%
Sandnes Sparebank7.25%42.96%7.35%0.60%0.08%16.66%14.72%
Skue Sparebank6.67%14.59%2.40%0.19%0.12%0.00%0.00%
Sogn Sparebank5.73%11.18%1.95%0.14%0.08%0.00%17.46%
SpareBank 1 Helgeland7.43%80.95%8.75%0.83%0.10%20.73%22.95%
SpareBank 1 Nord-Norge5.98%107.64%7.15%0.65%0.10%15.44%21.71%
SpareBank 1 Ringerike Hadeland6.15%50.91%8.27%1.10%0.14%4.93%18.06%
SpareBank 1 SMN7.21%0.00%5.55%0.83%0.16%8.12%15.79%
SpareBank 1 SR-Bank5.07%40.30%7.94%1.28%0.16%10.49%16.65%
Stolt-Nielsen10.50%34.17%3.49%0.65%0.20%24.62%0.00%
Storebrand3.31%35.94%10.59%1.76%0.17%56.04%0.00%
Telenor7.63%134.37%18.21%2.36%0.14%-10.21%-12.27%
TGS5.67%174.41%40.99%0.93%0.03%-6.94%-8.64%
Totens Sparebank5.02%87.19%8.00%0.64%0.08%6.58%3.56%
Treasure30.11%46.40%1.25%0.76%0.61%27.23%0.00%
Veidekke5.79%81.62%14.28%6.52%0.46%9.16%11.98%
Webstep4.18%310.98%74.92%1.84%0.02%2.53%0.00%
Yara International1.65%21.90%13.20%0.94%0.07%44.26%1.30%