In This Article:
As of May 2024, Germany's DAX index has experienced a slight downturn, reflecting a cautious sentiment among European markets due to mixed signals from the European Central Bank on future monetary policies. This context is crucial for investors considering dividend stocks, as stable, high-yielding investments become particularly attractive in times of market uncertainty and modest economic growth forecasts.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.15% | ★★★★★★ |
Edel SE KGaA (XTRA:EDL) | 6.44% | ★★★★★★ |
Deutsche Post (XTRA:DHL) | 4.64% | ★★★★★★ |
MLP (XTRA:MLP) | 4.64% | ★★★★★☆ |
Deutsche Telekom (XTRA:DTE) | 3.47% | ★★★★★☆ |
FRoSTA (DB:NLM) | 3.08% | ★★★★★☆ |
DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.06% | ★★★★★☆ |
SAF-Holland (XTRA:SFQ) | 4.80% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 7.90% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.17% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
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 €686.24 million.
Operations: DEUTZ Aktiengesellschaft generates revenue primarily through its Classic segment, which brought in €2.01 billion, and its Green segment, contributing €5.30 million.
Dividend Yield: 3.1%
DEUTZ's recent financial performance shows a decline, with Q1 2024 sales dropping to €454.7 million from €507 million the previous year and net income falling to €8.8 million from €23.8 million. Despite this downturn, DEUTZ anticipates 2024 revenues between €1.9 billion and €2.1 billion with engine unit sales targets of 160,000 to 180,000. The company maintains a low dividend yield of 3.13% against a German market top-tier average of 4.61%. However, the dividends are well-covered by earnings with a payout ratio of only 22.7%, suggesting sustainability despite past volatility in dividend payments and an unstable track record over the last decade.
-
Unlock comprehensive insights into our analysis of DEUTZ stock in this dividend report.
-
The valuation report we've compiled suggests that DEUTZ's current price could be quite moderate.
Edel SE KGaA
Simply Wall St Dividend Rating: ★★★★★★
Overview: Edel SE & Co. KGaA is an independent music company operating in Europe with a market capitalization of approximately €99.14 million.
Operations: Edel SE & Co. KGaA generates revenue primarily through two segments: Marketing and Sales, which brought in €135.56 million, and Manufacturing and Logistics, contributing €144.67 million.