Exploring Dividend Stocks In Germany Including MPC Münchmeyer Petersen Capital And Two Others
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As global markets experience fluctuations with mixed results among major indices, Germany's DAX index remains relatively stable, reflecting a cautious optimism in the European market. This backdrop sets an interesting stage for investors considering dividend stocks in Germany, where stability and consistent returns become even more appealing amidst broader market uncertainties. In this environment, understanding the characteristics that define a good dividend stock is crucial. Investors should look for companies with a strong track record of profitability and dividend payments, particularly those that demonstrate resilience during economic shifts and maintain robust fundamentals.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.18% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 6.49% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.74% | ★★★★★★ |
| Südzucker (XTRA:SZU) | 6.50% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.67% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.54% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.13% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.92% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.00% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.25% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
MPC Münchmeyer Petersen Capital
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MPC Münchmeyer Petersen Capital AG operates as a publicly owned investment manager, with a market capitalization of approximately €142.40 million.
Operations: MPC Münchmeyer Petersen Capital AG generates revenue primarily through Management Services (€30.83 million) and Transaction Services (€7.73 million).
Dividend Yield: 6.7%
MPC Münchmeyer Petersen Capital AG, with a recent leadership change appointing Constantin Baack as CEO, reported a significant earnings increase in Q1 2024 to EUR 5.88 million from EUR 3.72 million year-over-year. Despite trading at 60.1% below estimated fair value and having a reasonable payout ratio of 72.6%, the company's dividend track record remains unstable, with dividends covered by both earnings and cash flows (Cash Payout Ratio: 73.6%). The firm has increased its dividend payments recently but has been distributing dividends for only two years, raising questions about the sustainability and reliability of future payouts in the context of its short dividend-paying history and modest annual earnings growth forecast at 1.85%.