Top German Dividend Stocks To Consider
In This Article:
As the German market navigates through a period of cautious investor sentiment due to escalating Middle East tensions, major indices like the DAX have experienced notable declines. Amidst this backdrop, dividend stocks can offer a measure of stability and income potential, making them an appealing option for investors seeking resilience in uncertain times.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 6.73% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.84% | ★★★★★★ |
| SAF-Holland (XTRA:SFQ) | 5.41% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.69% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.69% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.73% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.28% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.25% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.33% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.66% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Allianz
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Allianz SE, along with its subsidiaries, offers property-casualty insurance, life/health insurance, and asset management services globally, with a market cap of approximately €112.71 billion.
Operations: Allianz SE generates revenue through its key segments: Property-Casualty insurance (€74.95 billion), Life/Health insurance (€45.52 billion), and Asset Management (€3.34 billion).
Dividend Yield: 4.7%
Allianz offers a stable dividend yield of 4.73%, backed by a low cash payout ratio of 23% and a reasonable earnings payout ratio of 60%. Over the past decade, dividends have been reliable and growing. Recent activities include completing a $1.25 billion fixed-income offering and affirming an operating profit target for 2024 at €14.8 billion. The company also expanded its share buyback program to €1.5 billion, reflecting strong financial management practices.
SAF-Holland
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses with a market cap of €712.69 million.
Operations: SAF-Holland SE generates revenue from three primary regions: €863.53 million from the Americas, €276.09 million from Asia/Pacific (APAC)/China/India, and €942.98 million from Europe, the Middle East, and Africa (EMEA).
Dividend Yield: 5.4%