Yahoo Finance Three Leading German Dividend Stocks Offering Yields From 3% To 5.2%
As European markets show signs of resilience with Germany's DAX index climbing by 0.90%, investors are keenly observing opportunities within the region's economic landscape. In this context, dividend stocks emerge as a compelling focus, especially for those seeking potentially steadier returns amid fluctuating market conditions.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.33% | ★★★★★★ |
Deutsche Post (XTRA:DHL) | 4.84% | ★★★★★★ |
Brenntag (XTRA:BNR) | 3.28% | ★★★★★☆ |
Südzucker (XTRA:SZU) | 6.57% | ★★★★★☆ |
INDUS Holding (XTRA:INH) | 4.96% | ★★★★★☆ |
MLP (XTRA:MLP) | 4.84% | ★★★★★☆ |
DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.45% | ★★★★★☆ |
Deutsche Telekom (XTRA:DTE) | 3.30% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 8.25% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.20% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top Dividend Stocks screener.
We'll examine a selection from our screener results.
DEUTZ
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DEUTZ Aktiengesellschaft is a company that develops, manufactures, and sells diesel and gas engines across various global regions, with a market capitalization of approximately €0.70 billion.
Operations: DEUTZ Aktiengesellschaft generates revenue primarily through two segments: the Classic segment, which brought in €2.01 billion, and the Green segment, contributing €5.30 million.
Dividend Yield: 3.1%
DEUTZ's dividend yield at 3.05% is modest compared to the German market's top dividend payers. Despite a volatile share price and unstable dividend history, DEUTZ has managed to grow its dividends over the past decade. The company maintains a sustainable payout with earnings covering 22.7% and cash flows at 34.6%. Recent financials show a dip in Q1 sales from €507 million to €454.7 million year-over-year, with net income also decreasing from €23.8 million to €8.8 million, reflecting potential challenges ahead despite projected revenue growth between €1.9 billion and €2.1 billion for 2024.
EDAG Engineering Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: EDAG Engineering Group AG specializes in designing vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle sectors globally, with a market capitalization of €262.50 million.
Operations: EDAG Engineering Group AG generates its revenue primarily through three segments: Vehicle Engineering, which contributes €488.93 million, Production Solutions at €268.86 million, and Electrics/Electronics with €111.45 million.
Dividend Yield: 5.2%
EDAG Engineering Group AG, despite a fluctuating dividend history and recent management changes, maintains a reasonably sustainable dividend policy with a payout ratio of 49.7% and cash payout ratio of 46.4%. The company's dividends are in the top 25% of German market payers at 5.24%. However, dividends have been unstable over the past eight years since initiation. Recent financials indicate slight earnings decline year-over-year but maintain solid sales growth, with annual forecasts promising an 11.23% increase in earnings.
Talanx
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Talanx AG operates globally, offering insurance and reinsurance products and services, with a market capitalization of approximately €19.28 billion.
Operations: Talanx AG engages in the provision of diverse insurance and reinsurance solutions across the globe.
Dividend Yield: 3.1%
Talanx AG has shown a robust performance with its first-quarter net income rising to €572 million from €423 million year-over-year. The company maintains a low payout ratio of 34.7%, ensuring dividends are well-covered by earnings, alongside a cash payout ratio of 7.5%. Despite a lower dividend yield of 3.15% compared to the top German dividend payers, Talanx has consistently paid and increased dividends over the past decade, underpinning its reliability as a dividend stock, although it trades at 63.4% below estimated fair value.
Click here to discover the nuances of Talanx with our detailed analytical dividend report.
Our valuation report unveils the possibility Talanx's shares may be trading at a discount.
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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:DEZXTRA:ED4 and XTRA:TLX
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