3 German Dividend Stocks Yielding 3.2%
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As global markets face a wave of economic uncertainties, Germany's DAX index has seen significant declines, reflecting broader concerns about growth and inflation in the Eurozone. Despite these challenges, dividend stocks remain an attractive option for investors seeking steady income streams. In this article, we will explore three German dividend stocks yielding 3.2%, focusing on their potential to provide reliable returns amid current market volatility.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.54% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.99% | ★★★★★★ |
| Mercedes-Benz Group (XTRA:MBG) | 9.16% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.56% | ★★★★★☆ |
| INDUS Holding (XTRA:INH) | 5.76% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.32% | ★★★★★☆ |
| Brenntag (XTRA:BNR) | 3.21% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.22% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.35% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Brenntag
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Brenntag SE, with a market cap of €9.46 billion, purchases and supplies various industrial and specialty chemicals and ingredients across Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
Operations: Brenntag SE's revenue segments include Brenntag Essentials in Latin America (€670.20 million), North America (€4.28 billion), Asia Pacific (€708 million), and Europe, Middle East & Africa (€3.34 billion).
Dividend Yield: 3.2%
Brenntag SE's dividend payments are well-covered by both earnings (48.9% payout ratio) and free cash flows (28.1% cash payout ratio), ensuring sustainability. The company has a reliable dividend history over the past decade, with stable and growing payouts, although its current yield of 3.21% is modest compared to top-tier German dividend stocks. Recent buybacks totaling €750 million reflect strong capital management despite a dip in Q1 2024 earnings and sales figures.
INDUS Holding
Simply Wall St Dividend Rating: ★★★★★☆
Overview: INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs, with a market cap of €560.77 million.
Operations: INDUS Holding AG generates revenue from three main segments: Materials (€601.79 million), Engineering (€588.82 million), and Infrastructure (€572.78 million).
Dividend Yield: 5.8%