In This Article:
As of July 2024, Germany's economic landscape reflects a mix of challenges and resilience, with recent data indicating unexpected weakening in its manufacturing sector. Amidst this backdrop, investors might consider the stability offered by dividend-paying stocks, which can provide potential income and a degree of protection in uncertain market conditions.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.26% | ★★★★★★ |
OVB Holding (XTRA:O4B) | 4.66% | ★★★★★☆ |
INDUS Holding (XTRA:INH) | 5.18% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 8.29% | ★★★★★☆ |
DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.80% | ★★★★★☆ |
MLP (XTRA:MLP) | 5.19% | ★★★★★☆ |
SAF-Holland (XTRA:SFQ) | 4.78% | ★★★★★☆ |
Deutsche Telekom (XTRA:DTE) | 3.23% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.20% | ★★★★★☆ |
FRoSTA (DB:NLM) | 3.01% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.
We'll examine a selection from our screener results.
FRoSTA
Simply Wall St Dividend Rating: ★★★★★☆
Overview: FRoSTA Aktiengesellschaft operates in the frozen food sector, developing, producing, and marketing its products across Germany, Poland, Austria, Italy, and Eastern Europe with a market capitalization of approximately €0.44 billion.
Operations: FRoSTA Aktiengesellschaft generates its revenues by developing, producing, and selling frozen food products across key European markets including Germany, Poland, Austria, Italy, and Eastern Europe.
Dividend Yield: 3%
FRoSTA Aktiengesellschaft, with a modest dividend yield of 3.01%, falls below the top quartile of German dividend stocks which average at 4.66%. Despite this, the company maintains a strong financial foundation for its dividends, evidenced by a low payout ratio of 40% and an even lower cash payout ratio of 13.9%, ensuring that dividends are well-covered by both earnings and cash flows. Recent earnings reports from July 10, 2024, confirm stable financial performance with slight fluctuations in sales and net income year-over-year.
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Delve into the full analysis dividend report here for a deeper understanding of FRoSTA.
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Our valuation report unveils the possibility FRoSTA's shares may be trading at a premium.
Deutsche Telekom
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Deutsche Telekom AG operates as a provider of integrated telecommunication services and has a market capitalization of approximately €117.72 billion.
Operations: Deutsche Telekom AG generates its revenue primarily from three segments: €72.18 billion from the United States, €25.34 billion from Germany, and €11.97 billion from Europe, along with smaller contributions of €3.94 billion from Systems Solutions and €2.27 billion from Group Headquarters & Group Services.