Operations: Deutsche Lufthansa AG generates revenue primarily from Passenger Airlines (€29.04 billion), Maintenance, Repair and Overhaul Services (MRO) (€7.06 billion), Logistics (€2.93 billion), and Additional Businesses and Group Functions (€1.01 billion).

Dividend Yield: 4.8%

Deutsche Lufthansa's dividend payments have been volatile over the past decade, with a payout ratio of 29.8% indicating good coverage by earnings. However, the cash payout ratio stands at 60.9%, suggesting some reliance on cash flows for dividends. Recent earnings reports show a decline, with net income for Q2 2024 at €469 million compared to €881 million last year. The company is also considering strategic investments and has completed a fixed-income offering worth €498 million.

• Click here to discover the nuances of Deutsche Lufthansa with our detailed analytical dividend report.

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

Wacker Neuson

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

Overview: Wacker Neuson SE manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally, with a market cap of approximately €999.83 million.

Operations: Wacker Neuson SE generates revenue from three main segments: Services (€502.60 million), Light Equipment (€480.20 million), and Compact Equipment (€1.53 billion).

Dividend Yield: 7.8%

Wacker Neuson’s dividend yield of 7.82% ranks in the top 25% of German dividend payers, but its payments have been volatile and are not well covered by free cash flows, with a high cash payout ratio of 418.3%. Despite trading at a good value with a P/E ratio of 8.7x compared to the market's 17x, recent earnings reports show declining sales and net income for Q2 2024. The company has provided guidance for full-year revenue between €2.3 billion to €2.4 billion and an EBIT margin of 6%-7%.

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

• In light of our recent valuation report, it seems possible that Wacker Neuson is trading behind its estimated value.

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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:HEI XTRA:LHA and XTRA:WAC.

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