Unveiling 3 Premier Dividend Stocks On The German Exchange

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As the German economy navigates a complex landscape marked by fluctuating industrial output and cautious economic forecasts, investors are increasingly turning their attention to stable dividend stocks on the German exchange. In this environment, companies that offer consistent dividend payouts can provide a reliable income stream and serve as a buffer against market volatility.

Top 10 Dividend Stocks In Germany

Name

Dividend Yield

Dividend Rating

All for One Group (XTRA:A1OS)

3.15%

★★★★★☆

MLP (XTRA:MLP)

5.44%

★★★★★☆

OVB Holding (XTRA:O4B)

4.71%

★★★★★☆

SAF-Holland (XTRA:SFQ)

5.46%

★★★★★☆

Allianz (XTRA:ALV)

4.87%

★★★★★☆

Mercedes-Benz Group (XTRA:MBG)

9.52%

★★★★★☆

DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM)

7.63%

★★★★★☆

FRoSTA (DB:NLM)

3.33%

★★★★★☆

Uzin Utz (XTRA:UZU)

3.29%

★★★★★☆

MVV Energie (XTRA:MVV1)

3.76%

★★★★★☆

Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Bayerische Motoren Werke

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

Overview: Bayerische Motoren Werke Aktiengesellschaft develops, manufactures, and sells automobiles, motorcycles, and related spare parts and accessories globally, with a market cap of approximately €44.40 billion.

Operations: Bayerische Motoren Werke Aktiengesellschaft's revenue segments include €132.39 billion from Automotive, €3.15 billion from Motorcycles, and €37.87 billion from Financial Services.

Dividend Yield: 8.4%

Bayerische Motoren Werke's dividend yield of 8.44% is among the highest in Germany, but it faces challenges. Despite a low payout ratio of 36%, indicating earnings coverage, its high cash payout ratio (5457.9%) suggests dividends are not well-supported by free cash flow. The company's dividend history has been volatile and unreliable over the past decade, raising concerns about sustainability despite recent strategic partnerships and share buybacks totaling €3.35 billion since July 2022.

XTRA:BMW Dividend History as at Sep 2024

MLP

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

Overview: MLP SE, with a market cap of €602.23 million, provides financial services to private, corporate, and institutional clients in Germany through its subsidiaries.

Operations: MLP SE generates revenue through its various segments, including Financial Consulting (€429.61 million), FERI (€231.23 million), Banking (€206.97 million), DOMCURA (€129.26 million), Deutschland.Immobilien (€51.61 million), and Industrial Broker (€36.51 million).