Operations: ProCredit Holding AG generates revenue of €422.15 million from its banking services segment, catering to small and medium enterprises as well as private customers in various regions.

Dividend Yield: 7.5%

ProCredit Holding's dividend yield of 7.51% ranks in the top 25% among German dividend payers, supported by a low payout ratio of 35.3%, ensuring coverage by earnings. However, its dividends have been unreliable and volatile over the past seven years. The stock trades at a significant discount to its estimated fair value but faces challenges with high non-performing loans at 2.4%. Recent earnings showed a decline, with net income at €57.6 million compared to €64.06 million last year.

• Get an in-depth perspective on ProCredit Holding's performance by reading our dividend report here.

• Our expertly prepared valuation report ProCredit Holding implies its share price may be lower than expected.

Sixt

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Sixt SE, with a market cap of €3.12 billion, offers global mobility services through a network of corporate and franchise stations serving both private and business customers.

Operations: Sixt SE generates revenue primarily from its operations in Europe (€1.49 billion), Germany (€1.22 billion), and North America (€1.21 billion).

Dividend Yield: 5.5%

Sixt's dividend yield of 5.46% places it among the top 25% of German dividend payers, yet its dividends have been volatile over the past decade. The current payout ratio of 75.8% suggests coverage by earnings, though not supported by free cash flows, raising concerns about sustainability. Recent U.S. expansion efforts highlight growth potential despite dropping from the FTSE All-World Index and a notable decline in net income to €25.17 million for H1 2024 compared to last year’s €118.74 million.

• Delve into the full analysis dividend report here for a deeper understanding of Sixt.

• Insights from our recent valuation report point to the potential undervaluation of Sixt shares in the market.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include XTRA:BNR XTRA:PCZ and XTRA:SIX2.

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