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As the pan-European STOXX Europe 600 Index ended 2.46% higher and Germany’s DAX climbed 3.38%, investor sentiment in Europe appears to be buoyed by hopes for potential interest rate cuts. Amid this optimistic backdrop, dividend stocks in Germany are gaining attention for their potential to provide consistent income. In a market characterized by such positive momentum, a good dividend stock typically offers a reliable payout history and strong fundamentals, making it an attractive option for income-focused investors.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 7.08% | ★★★★★★ |
| Allianz (XTRA:ALV) | 5.07% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.86% | ★★★★★★ |
| MLP (XTRA:MLP) | 5.24% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.71% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.76% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.60% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.45% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.83% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.33% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Brenntag
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients across Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific with a market cap of €9.26 billion.
Operations: Brenntag SE's revenue segments include Brenntag Essentials - Latin America (€674 million), Brenntag Essentials - North America (€4.27 billion), Brenntag Essentials - Asia Pacific (APAC) (€751.10 million), and Brenntag Essentials - Europe, Middle East & Africa (EMEA) (€3.30 billion).
Dividend Yield: 3.3%
Brenntag SE, despite recent earnings declines—Q2 2024 net income fell to €149.1M from €186.9M last year—offers a reliable dividend yield of 3.27%, covered by both earnings (payout ratio: 51.1%) and cash flows (cash payout ratio: 36.9%). The company maintains stable and growing dividends over the past decade, although its yield is below the top quartile in Germany's market.
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Unlock comprehensive insights into our analysis of Brenntag stock in this dividend report.
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Our expertly prepared valuation report Brenntag implies its share price may be lower than expected.
Edel SE KGaA
Simply Wall St Dividend Rating: ★★★★★★
Overview: Edel SE & Co. KGaA, with a market cap of €90.20 million, operates as an independent music company in Europe through its subsidiaries.
Operations: Edel SE & Co. KGaA generates revenue through its various subsidiaries, focusing on music production, distribution, and related services across Europe.