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As European inflation nears the central bank’s target, Germany's DAX has reached a fresh peak, reflecting a positive sentiment in the market. This economic backdrop provides an opportune moment to explore dividend stocks that offer both stability and income potential. In this context, identifying strong dividend stocks involves looking for companies with robust financial health and consistent payout histories, especially as inflation trends stabilize.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 4.87% | ★★★★★★ |
| MLP (XTRA:MLP) | 5.29% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.71% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.14% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.83% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.35% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.33% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.40% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.76% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Mercedes-Benz Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Mercedes-Benz Group AG operates as an automotive company in Germany and internationally, with a market cap of €57.65 billion.
Operations: Mercedes-Benz Group AG generates revenue from three main segments: Mercedes-Benz Cars (€109.58 billion), Mercedes-Benz Vans (€20.22 billion), and Mercedes-Benz Mobility (€26.78 billion).
Dividend Yield: 8.8%
Mercedes-Benz Group AG, despite recent earnings declines, maintains a strong dividend profile with a payout ratio of 43.3% and cash payout ratio of 80.9%, indicating dividends are well-covered by both earnings and cash flows. However, its dividend history has been volatile over the past decade. The stock is trading at 64.7% below its estimated fair value and offers an attractive yield in the top 25% of German market payers at 8.83%.
MPC Münchmeyer Petersen Capital
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MPC Münchmeyer Petersen Capital AG is a publicly owned investment manager with a market cap of €156.50 million.
Operations: MPC Münchmeyer Petersen Capital AG generates revenue primarily from Management Services (€33.76 million), Transaction Services (€7.26 million), and Miscellaneous sources (€1.03 million).
Dividend Yield: 6.1%
MPC Münchmeyer Petersen Capital AG's recent earnings report shows a significant improvement, with net income rising to €9.7 million from €5.75 million year-over-year. The company offers a dividend yield in the top 25% of German payers and maintains good value compared to peers. Despite only three years of dividend history, payments are well-covered by both earnings (54.8%) and cash flows (28.7%). However, its share price has been highly volatile recently, and dividends have yet to establish long-term stability.