Brenntag And Two Other Leading Dividend Stocks In Germany
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Amid a mixed performance in European markets, with Germany's DAX experiencing a slight decline, investors continue to navigate through an environment marked by cautious optimism and policy adjustments. In such a landscape, focusing on dividend stocks like Brenntag can offer potential stability and income, qualities particularly valued in times of economic uncertainty.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.16% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 6.44% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.72% | ★★★★★★ |
| MLP (XTRA:MLP) | 4.88% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.48% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.01% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.13% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.85% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 7.93% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.20% | ★★★★★☆ |
Click here to see the full list of 28 stocks from our Top Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Brenntag
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Brenntag SE operates as a distributor of industrial and specialty chemicals and ingredients across regions including Germany, Europe, the Middle East, Africa, the Americas, and Asia Pacific, with a market capitalization of approximately €9.96 billion.
Operations: Brenntag SE generates its revenue from various regional segments, with Brenntag Essentials - North America contributing €4.28 billion, followed by Brenntag Essentials - Europe, Middle East & Africa (EMEA) at €3.34 billion, Brenntag Essentials - Asia Pacific (APAC) at €0.71 billion, and Brenntag Essentials - Latin America at €0.67 billion.
Dividend Yield: 3%
Brenntag SE, trading 60% below our estimated fair value, is anticipated by analysts to see a price increase of 23%. The company's earnings are expected to grow by 10.55% annually. Brenntag has demonstrated a reliable dividend history over the past decade with an increasing trend and stability in payments. Dividends are well-supported, evidenced by a payout ratio of 48.9% and a cash payout ratio of 28.1%. Despite these strengths, its dividend yield of 3.04% is low compared to the top quartile of German dividend payers at 4.64%. Recent financials show a downturn with Q1 sales dropping from €4,527.1 million to €4,002.6 million year-over-year and net income falling from €215.9 million to €141.4 million.
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Delve into the full analysis dividend report here for a deeper understanding of Brenntag.
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Our expertly prepared valuation report Brenntag implies its share price may be lower than expected.
DATA MODUL Produktion und Vertrieb von elektronischen Systemen
Simply Wall St Dividend Rating: ★★★★★☆