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Amidst a backdrop of mixed economic signals and volatile markets, Germany's DAX has shown resilience with a modest gain. In this environment, dividend stocks can offer a reliable income stream for investors seeking stability. When evaluating dividend stocks, it's essential to consider factors such as yield consistency, payout ratios, and the company's financial health in relation to current market conditions.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.37% | ★★★★★★ |
Deutsche Post (XTRA:DHL) | 5.14% | ★★★★★★ |
Talanx (XTRA:TLX) | 3.51% | ★★★★★☆ |
Brenntag (XTRA:BNR) | 3.28% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 9.23% | ★★★★★☆ |
Südzucker (XTRA:SZU) | 7.56% | ★★★★★☆ |
INDUS Holding (XTRA:INH) | 5.70% | ★★★★★☆ |
MLP (XTRA:MLP) | 5.19% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.32% | ★★★★★☆ |
FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top German Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
MPC Münchmeyer Petersen Capital
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MPC Münchmeyer Petersen Capital AG is a publicly owned investment manager with a market cap of €142.40 million.
Operations: MPC Münchmeyer Petersen Capital AG generates revenue from Management Services (€30.83 million), Transaction Services (€7.73 million), and Miscellaneous sources (€0.36 million).
Dividend Yield: 6.7%
MPC Münchmeyer Petersen Capital's dividends are well-covered by both earnings (Payout Ratio: 72.6%) and cash flows (Cash Payout Ratio: 73.6%), indicating sustainability. Despite a stable dividend history, the company has been paying dividends for less than 10 years, with payments increasing over the past two years. Trading at good value and offering a competitive yield of 6.68%, MPCK remains attractive among German dividend stocks but lacks a long-term track record.
OVB Holding
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: OVB Holding AG, with a market cap of €266.50 million, offers advisory and brokerage services to private households across Europe through its subsidiaries.
Operations: OVB Holding AG generated €368.28 million in revenue from its Insurance Brokers segment.
Dividend Yield: 4.8%
OVB Holding's dividend yield of 4.81% is slightly below the top 25% of German dividend payers and is not well covered by free cash flows, with a high cash payout ratio of 107.3%. However, the company's dividends have been stable and reliable over the past decade. Recent earnings reports show significant growth, with Q2 revenue at €104.56 million and net income at €4.84 million, indicating robust financial health despite some concerns about dividend sustainability.