MVV Energie And 2 Other Top German Dividend Stocks To Watch
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In recent weeks, the German DAX index has shown resilience, gaining 1.35% despite mixed earnings reports and broader market volatility. This performance highlights the importance of identifying stable investments, such as dividend stocks, which can offer consistent returns even in fluctuating market conditions. When evaluating dividend stocks like MVV Energie and others in Germany, it's crucial to consider their ability to provide reliable income streams while also maintaining strong fundamentals amidst economic uncertainties.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.27% | ★★★★★★ |
| INDUS Holding (XTRA:INH) | 5.14% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.66% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.67% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.46% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 7.39% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.14% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.20% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.35% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.17% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
We'll examine a selection from our screener results.
MVV Energie
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MVV Energie AG, with a market cap of €2.06 billion, operates in Germany providing electricity, heat, gas, water, and waste treatment and disposal services through its subsidiaries.
Operations: MVV Energie AG generates revenue primarily from its Customer Solutions (€7.54 billion), Generation and Infrastructure (€1.75 billion), and New Energies (€959.74 million) segments in Germany.
Dividend Yield: 3.7%
MVV Energie's dividend yield of 3.69% is lower than the top 25% in Germany, and while dividends have been stable and growing over the past decade, they are not covered by free cash flows or earnings. The company's recent financials show a significant drop in net income and earnings per share compared to last year, raising concerns about future dividend sustainability despite a low payout ratio of 30.5%.
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Unlock comprehensive insights into our analysis of MVV Energie stock in this dividend report.
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Our valuation report unveils the possibility MVV Energie's shares may be trading at a discount.
K+S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: K+S Aktiengesellschaft, with a market cap of €2.14 billion, operates as a global supplier of mineral products for the agricultural, industrial, consumer, and community sectors through its subsidiaries.
Operations: K+S Aktiengesellschaft generates €3.67 billion in revenue from its Operating Unit Europe+.
Dividend Yield: 5.9%
K+S has a dividend yield of 5.87%, placing it in the top 25% of German dividend payers, but its dividends have been volatile and unreliable over the past decade. Despite a low cash payout ratio of 37%, the dividend is not well covered by earnings, as evidenced by a significant drop in net income to €18.6 million for Q1 2024 from €263.4 million last year. Recent fixed-income offerings amounting to approximately €495.74 million may impact future cash flows and dividend sustainability.