4 Baltic Dividend Stocks for Early 2026
The year 2026 has begun, and investors are turning their attention to the new year's cash flows. In uncertain times, a stable dividend payment is often more important than rapid stock price fluctuations. In this review, we focus on four Baltic stock exchange companies that offer a combination of decent yield, regular payments, and strong business operations.
Although high-yielders Pieno Žvaigždės and Eleving Group top the charts, we excluded them from our selection due to their irregular ('Occasional') payments. Also left out was Merko Ehitus, whose sharp 60% drop in operating profit makes future payouts more uncertain. Instead, we chose companies that have proven their consistency and whose business results support future dividend payments.
TKM Grupp (formerly Tallinna Kaubamaja) is attractive to investors primarily for its reliability and the speed of its payments. The company's dividend yield is 6.84%, and most importantly, the expected payout is scheduled for March 2026. This is nearly two months earlier than the other companies on this list, allowing investors to put their money back to work sooner.
From a business perspective, TKM Grupp has shown stability. Although the car tax and the general economic situation have put pressure on the retail sector, the company's profit decline has slowed (-9.2%). This indicates that the worst may be over, and its strong grocery segment provides the necessary confidence for continued dividends.
Lithuanian clothing retailer Apranga offers the highest stable dividend yield in our selection, reaching 6.98%. The company is known for its generous dividend policy, with the expected payout in May 2026. Apranga's strength lies in its adaptability—despite a challenging year, it has managed to increase sales revenue by 5.7%, driven by strong demand in Lithuania and Latvia.
As a positive sign, the decline in the company's operating profit has virtually stopped (-0.8%). This suggests that cost growth is under control and increasing sales volumes are once again starting to impact the bottom line. Apranga is a good choice for investors seeking a high current yield from the retail sector.
Telia Lietuva is the company with the strongest growth on this list, offering a 5.82% dividend yield. The expected payout is in May 2026. While other companies are struggling to maintain profitability, Telia's operating profit grew by an impressive 28.5% in the last quarter. This was supported by both growth in mobile service revenue and an increase in the number of contract customers.
Telecommunications is inherently a defensive sector, less affected by economic cycles. Telia Lietuva managed to increase revenues while reducing costs, a sign of excellent management. This makes the stock a lower-risk choice for investors who value peace of mind and stable growth.
Port of Tallinn (Tallinna Sadam) has made a strong turnaround for the better. The company's dividend yield is 5.63%, and the expected payout will arrive in investors' accounts in May 2026. The port's operating profit grew by a remarkable 32.4% in the last quarter, supported by successful cost-cutting and lower repair expenses.
Although the yield is slightly lower than that of the retail companies, Port of Tallinn's advantage lies in its strategic infrastructure and monopoly position in certain segments. Growing profitability and decreasing costs provide confidence that the company can sustainably fulfill its dividend policy in the future.
Conclusion
In summary, these four companies offer a balanced selection for investors with different risk tolerances. TKM Grupp is suitable for those who want to receive their cash quickly, Apranga targets the highest yield, and Telia Lietuva and Port of Tallinn offer strong profit growth. Before making an investment decision, it is always wise to monitor the companies' upcoming quarterly results to confirm that the positive trends are continuing.
RYTM content is for informational purposes only, not financial advice or recommendations. You are solely responsible for your investment decisions. Always consult a professional.