Betsson And 2 Other Leading Dividend Stocks To Consider

Betsson AB (BETS-B.ST) has been making waves in the online gaming industry, with a strong performance in 2023 and a promising outlook for the future. The company's stock has gained 4.32% over the past two weeks, and its share price has been trading within a horizontal trend, with a 90% probability of being between kr142.06 and kr150.53 at the end of the next three months. Betsson AB's stock holds buy signals from both short- and long-term moving averages, indicating a positive forecast for the stock. The company's earnings are expected to grow by 15% per annum, and its revenue is forecast to grow by 8.3% per annum. Return on equity is forecast to be 23.6% in three years.

However, Betsson AB is not the only leading dividend stock in the sector. Flutter Entertainment (FLTR.L) is another prominent gaming company that has been performing well. Flutter Entertainment's stock has a higher dividend yield of around 4.5% (as of 2023) compared to Betsson AB's 2.76% (TTM). The company has also demonstrated consistent dividend growth, with increases in recent years. In 2021, the dividend increased by 12.5%, and in 2022, it increased by 10%. Flutter Entertainment's payout ratio is typically around 30-40%, which is lower than Betsson AB's target payout ratio of up to 50% of net earnings.

Another leading dividend stock in the sector is Entain (ENT.L), a global sports betting and gaming group. Entain's stock has a dividend yield of around 3.5% (as of 2023), which is lower than both Betsson AB and Flutter Entertainment. However, the company has a strong track record of dividend growth, with a compound annual growth rate (CAGR) of over 10% over the past five years. Entain's payout ratio is typically around 40-50%, which is similar to Betsson AB's target payout ratio.

In conclusion, Betsson AB is a leading dividend stock in the online gaming industry, with a strong performance in 2023 and a promising outlook for the future. However, investors should also consider other leading dividend stocks in the sector, such as Flutter Entertainment and Entain, which have higher dividend yields and consistent dividend growth. When evaluating these stocks, investors should consider their own investment goals, risk tolerance, and time horizon. Additionally, investors should monitor the companies' financial performance, regulatory environment, and competitive landscape to make informed investment decisions.