Siemens And 2 Other Top Dividend Stocks On German Exchange
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As the German market experiences a notable upswing, with the DAX surging 4.03% amid hopes for interest rate cuts and China's stimulus measures lifting sentiment, investors are increasingly focusing on dividend stocks as a potential source of steady returns in uncertain economic times. In this context, Siemens and two other prominent companies on the German exchange stand out for their robust dividend yields, offering potential stability and income in an evolving market landscape.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 6.76% | ★★★★★★ |
| Allianz (XTRA:ALV) | 4.76% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.81% | ★★★★★★ |
| SAF-Holland (XTRA:SFQ) | 5.29% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.69% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.46% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.34% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.36% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.64% | ★★★★★☆ |
Click here to see the full list of 34 stocks from our Top German Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
DATAGROUP
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DATAGROUP SE offers information technology solutions both in Germany and internationally, with a market cap of €361.59 million.
Operations: DATAGROUP SE generates revenue primarily from its Services segment, which accounts for €456.25 million, and its Solutions & Consulting segment, contributing €77.59 million.
Dividend Yield: 3.5%
DATAGROUP, recently added to the S&P Global BMI Index, offers a mixed picture for dividend investors. While its dividend payments have grown over the past decade and are well-covered by earnings and cash flows with payout ratios of 48.1% and 28.2%, respectively, they have been volatile and unreliable historically. Trading at a significant discount to its estimated fair value, DATAGROUP's current yield of 3.46% is lower than top-tier German dividend payers.
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Click here and access our complete dividend analysis report to understand the dynamics of DATAGROUP.
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Our valuation report unveils the possibility DATAGROUP's shares may be trading at a discount.
KSB SE KGaA
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: KSB SE & Co. KGaA, along with its subsidiaries, manufactures and supplies pumps, valves, and related services globally with a market capitalization of approximately €1.09 billion.
Operations: KSB SE & Co. KGaA generates revenue from its three main segments: Pumps (€1.52 billion), Fittings (€370.94 million), and KSB Supremeserv (€978.20 million).
Dividend Yield: 3.9%