3 German Dividend Stocks With Yields Up To 5.4%
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As global markets react to economic data and geopolitical events, the German DAX index has experienced a notable decline, reflecting broader concerns about growth. Despite these challenges, dividend stocks remain an attractive option for investors seeking steady income in uncertain times. In this article, we will explore three German dividend stocks that offer yields up to 5.4%, providing potential stability and income amid market volatility.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.44% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 5.09% | ★★★★★★ |
| OVB Holding (XTRA:O4B) | 4.76% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.13% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.54% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.33% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.89% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.16% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.45% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.45% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
EDAG Engineering Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: EDAG Engineering Group AG develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries globally, with a market cap of €253.75 million.
Operations: EDAG Engineering Group AG generates revenue from three primary segments: Vehicle Engineering (€488.93 million), Production Solutions (€268.86 million), and Electrics/Electronics (€111.45 million).
Dividend Yield: 5.4%
EDAG Engineering Group offers a mixed picture for dividend investors. The stock's Price-To-Earnings ratio (9.2x) is attractive compared to the German market average (16.9x), and its dividend yield (5.42%) is in the top 25% of German payers. Dividends are well covered by earnings and cash flows, with payout ratios at 49.7% and 46.4%, respectively. However, ED4's dividends have been unreliable over the past eight years, showing volatility and occasional drops exceeding 20%.
Heidelberg Materials
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Heidelberg Materials AG, with a market cap of €15.88 billion, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt globally through its subsidiaries.
Operations: Heidelberg Materials AG's revenue segments include €10.90 billion from cement, €4.92 billion from aggregates, and €5.71 billion from ready-mixed concrete and asphalt.