In This Article:
As global markets respond to shifting economic indicators, Germany's DAX index has shown resilience, gaining 1.48% recently, buoyed by favorable reactions to international inflation trends. In this context, identifying robust dividend stocks becomes crucial for investors seeking steady returns in a landscape marked by fluctuating interest rates and economic policies.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.24% | ★★★★★★ |
| OVB Holding (XTRA:O4B) | 4.69% | ★★★★★☆ |
| INDUS Holding (XTRA:INH) | 5.08% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.34% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.99% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 6.83% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.36% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.23% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.24% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.10% | ★★★★★☆ |
Click here to see the full list of 28 stocks from our Top German Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
MVV Energie
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MVV Energie AG operates primarily in Germany, offering a range of services including electricity, heat, gas, water, and waste treatment and disposal, with a market capitalization of approximately €2.02 billion.
Operations: MVV Energie AG generates revenue through its New Energies segment at €959.74 million, Customer Solutions at €7.54 billion, and Generation and Infrastructure at €1.75 billion.
Dividend Yield: 3.8%
MVV Energie's recent earnings show a downturn, with sales dropping to €1.996 billion and net income falling to €69.37 million in Q2 2024, significantly lower than the previous year. Despite this, the company has maintained stable dividends over the past decade, though current dividend payments are not well supported by free cash flow or earnings, indicating potential sustainability issues. Trading slightly below fair value and with a modest dividend yield of 3.76%, its appeal to dividend investors is limited by these financial challenges and a low profit margin of 3.8%.
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Click to explore a detailed breakdown of our findings in MVV Energie's dividend report.
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Our valuation report here indicates MVV Energie may be undervalued.
SAF-Holland
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SAF-Holland SE is a company that manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses, with a market capitalization of approximately €0.88 billion.
Operations: SAF-Holland SE generates its revenue primarily from three geographical segments: €951.75 million from Europe, the Middle East, and Africa (EMEA), €898.79 million from the Americas, and €280.64 million from Asia/Pacific including China and India.