3 German Dividend Stocks Yielding Up To 7.3%
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With European inflation nearing the central bank’s target and Germany’s DAX reaching fresh peaks, the German market is showing promising signs of stability. In this environment, dividend stocks can offer a reliable income stream for investors looking to capitalize on steady economic conditions.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| OVB Holding (XTRA:O4B) | 4.74% | ★★★★★★ |
| Allianz (XTRA:ALV) | 4.90% | ★★★★★★ |
| MLP (XTRA:MLP) | 5.26% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.99% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.55% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.63% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.39% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.36% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.78% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.33% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
K+S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: K+S Aktiengesellschaft, with a market cap of €1.90 billion, operates globally as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors.
Operations: K+S generates €3.72 billion in revenue from its Operating Unit Europe+.
Dividend Yield: 6.6%
K+S's dividend yield of 6.6% is among the top 25% in Germany, but its payout ratio of 2952.2% indicates dividends are not covered by earnings, raising sustainability concerns. While dividends have grown over the past decade, they remain volatile and unreliable. Recent financials show mixed results: Q2 sales increased to €873.8 million, but net loss was €6.1 million; H1 net income dropped significantly to €12.6 million from €218.2 million last year.
SAF-Holland
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses, with a market cap of €773.52 million.
Operations: SAF-Holland SE generates revenue from three primary regions: €863.53 million from the Americas, €276.09 million from Asia/Pacific (APAC)/China/India, and €942.98 million from Europe, The Middle East, and Africa (EMEA).
Dividend Yield: 5%
SAF-Holland's dividend yield of 4.99% places it in the top 25% of German dividend payers, and its low payout ratio of 41.5% indicates dividends are well covered by earnings and cash flows. However, the company's dividend history has been volatile over the past decade. Recent financials show mixed results: Q2 sales dropped to €507.09 million from €555.67 million last year, but net income rose to €24.04 million from €17.58 million, with EPS increasing to €0.53 from €0.39.