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As global markets react to China's robust stimulus measures, Germany's DAX index has notably surged by 4.03%, reflecting a positive sentiment across European equities. Despite mixed signals in business activity and consumer confidence, the German market remains a focal point for investors seeking stability through dividend-paying stocks. In this environment, identifying strong dividend stocks becomes crucial as they offer potential income and resilience amidst economic fluctuations.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 6.73% | ★★★★★★ |
| MLP (XTRA:MLP) | 5.26% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.17% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.69% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.52% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.70% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.22% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.35% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.20% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.66% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
MVV Energie
Simply Wall St Dividend Rating: ★★★★★☆
Overview: MVV Energie AG, with a market cap of €2.07 billion, operates in Germany providing electricity, heat, gas, water, and waste treatment and disposal products through its subsidiaries.
Operations: MVV Energie AG generates revenue through its primary segments of electricity, heat, gas, water, and waste treatment and disposal products.
Dividend Yield: 3.7%
MVV Energie AG's recent earnings report showed a decline in net income and profit margins, with third-quarter net income falling to €24.79 million from €112.64 million a year ago. Despite this, the company maintains a reasonably low payout ratio of 47.1%, ensuring dividends are well-covered by earnings and cash flows (59.9%). MVV Energie has consistently paid stable dividends over the past decade and offers a reliable yield of 3.66%, though it's lower than top-tier German dividend payers.
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Unlock comprehensive insights into our analysis of MVV Energie stock in this dividend report.
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Upon reviewing our latest valuation report, MVV Energie's share price might be too optimistic.
K+S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: K+S Aktiengesellschaft, with a market cap of €2.06 billion, operates as a global supplier of mineral products for the agricultural, industrial, consumer, and community sectors.
Operations: K+S Aktiengesellschaft generates €3.72 billion in revenue from its Operating Unit Europe+.
Dividend Yield: 6.1%
K+S Aktiengesellschaft's dividend yield of 6.09% is among the top 25% in the German market, but its high payout ratio (2952.2%) indicates dividends are not well covered by earnings, though they are covered by cash flows (82.2%). The company's dividend payments have been volatile and unreliable over the past decade. Recent financial results show a net loss of €6.1 million for Q2 2024, despite an increase in sales to €873.8 million from €825.8 million a year ago.