MLP And 2 Top German Dividend Stocks To Consider
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Amid a backdrop of fluctuating global markets, Germany's DAX index has shown resilience with a modest increase, reflecting cautious optimism among investors. In these times, dividend stocks in Germany could offer potential stability and steady returns, making them an appealing consideration for those looking to diversify their investment portfolios.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.38% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 7.01% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.79% | ★★★★★★ |
| Deutsche Telekom (XTRA:DTE) | 3.42% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.20% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.78% | ★★★★★☆ |
| INDUS Holding (XTRA:INH) | 4.76% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.10% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.33% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.17% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
MLP
Simply Wall St Dividend Rating: ★★★★★☆
Overview: MLP SE operates as a financial services provider catering to private, corporate, and institutional clients primarily in Germany, with a market capitalization of approximately €0.70 billion.
Operations: MLP SE generates revenue through various segments, with Financial Consulting contributing €0.43 billion, FERI at €0.22 billion, Banking operations at €0.20 billion, DOMCURA accounting for €0.13 billion, Germany Real Estate at €0.05 billion, and Industrial Broker adding another €0.04 billion.
Dividend Yield: 4.8%
MLP SE, trading 35.8% below its estimated fair value, offers a dividend yield of 4.78%, ranking in the top 25% in the German market. Despite a volatile dividend history over the past decade, recent earnings growth (9.5% annually over five years) and forecasts (8.85% per year) suggest improvement. Dividends are well-covered by earnings with a payout ratio of 62.3% and strongly supported by cash flows with a cash payout ratio of just 10.9%. Recent activities include consistent share buybacks and an inclusion in Germany's SDAX Index, enhancing its investment profile amidst fluctuating dividends.
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Click to explore a detailed breakdown of our findings in MLP's dividend report.
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Our valuation report unveils the possibility MLP's shares may be trading at a discount.
K+S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: K+S Aktiengesellschaft operates globally as a supplier of mineral products for various sectors including agricultural, industrial, and consumer markets, with a market capitalization of approximately €2.28 billion.
Operations: K+S Aktiengesellschaft generates its revenue primarily from the Europe+ operating unit, which contributed €3.67 billion.