In This Article:
As global markets navigate through varied economic signals, Germany's DAX index has shown resilience with a notable gain of 1.35% recently, reflecting a positive sentiment among investors. In this context, exploring dividend stocks in Germany could be particularly interesting for those looking to potentially enhance their portfolio's yield in a relatively stable market environment.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.29% | ★★★★★★ |
| INDUS Holding (XTRA:INH) | 5.25% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.76% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.41% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.63% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.43% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.33% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.18% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.31% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.17% | ★★★★★☆ |
Click here to see the full list of 30 stocks from our Top German Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Bayerische Motoren Werke
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bayerische Motoren Werke Aktiengesellschaft (BMW) operates globally, focusing on the development, manufacture, and sale of automobiles and motorcycles, along with spare parts and accessories, with a market capitalization of approximately €55.03 billion.
Operations: Bayerische Motoren Werke Aktiengesellschaft (BMW) generates revenue primarily through its Automotive and Motorcycles segments, reporting €131.95 billion and €3.15 billion respectively, along with a significant contribution from its Financial Services segment amounting to €36.93 billion.
Dividend Yield: 6.9%
Bayerische Motoren Werke (BMW) has seen dividend growth over the past decade, but its sustainability is questionable with a high cash payout ratio of 168.2%, indicating dividends are not well covered by free cash flows. Despite trading at 54.7% below estimated fair value and offering a competitive yield of 6.85%, BMW's dividends have been both volatile and unreliable, reflecting inconsistency in payments. Additionally, the company’s debt is poorly covered by operating cash flow, raising concerns about financial stability in challenging economic conditions.
DEUTZ
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DEUTZ Aktiengesellschaft is a company that develops, manufactures, and sells diesel and gas engines across various regions including Europe, the Middle East, Africa, the Asia Pacific, and the Americas, with a market capitalization of approximately €0.73 billion.