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Amidst renewed fears about global economic growth, the German market has seen a notable decline, with the DAX index dropping 3.20% recently. This backdrop of economic uncertainty makes it crucial for investors to consider stocks that offer reliable dividends as a source of steady income. When evaluating dividend stocks in such conditions, it's important to focus on companies with strong financial health and consistent dividend payment histories.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| All for One Group (XTRA:A1OS) | 3.24% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.41% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.35% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.85% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.71% | ★★★★★☆ |
| INDUS Holding (XTRA:INH) | 5.54% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.52% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.24% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.76% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
All for One Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: All for One Group SE, with a market cap of €218.72 million, offers business software solutions for SAP, Microsoft, and IBM across Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.
Operations: All for One Group SE generates revenue primarily through its CORE segment (€442.47 million) and LOB segment (€77.01 million).
Dividend Yield: 3.2%
All for One Group offers a reliable dividend yield of 3.24%, though it's lower than the top 25% of German dividend payers. The dividends are well-covered by earnings (49% payout ratio) and cash flows (19% cash payout ratio), ensuring sustainability. Recent earnings reports show significant improvement, with net income rising to €10.29 million for the nine months ending June 30, 2024, up from €6.76 million a year ago, supporting its stable dividend history over the past decade.
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Unlock comprehensive insights into our analysis of All for One Group stock in this dividend report.
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Our valuation report here indicates All for One Group may be undervalued.
OVB Holding
Simply Wall St Dividend Rating: ★★★★★☆
Overview: OVB Holding AG, with a market cap of €272.20 million, offers advisory and brokerage services to private households across Europe through its subsidiaries.
Operations: OVB Holding AG generates €382.93 million in revenue from its Insurance Brokers segment.
Dividend Yield: 4.7%
OVB Holding's dividend payments have been stable and growing over the past 10 years, supported by a payout ratio of 70.3% and a cash payout ratio of 56.6%, ensuring sustainability. Despite offering a lower yield (4.71%) than the top quartile in Germany, its dividends are well-covered by earnings and cash flows. Recent earnings reports show revenue increased to €204.21 million for the first half of 2024, with net income rising to €9.23 million, indicating strong financial health supporting future dividends.