Yahoo Finance Unveiling 3 Premier Dividend Stocks On The German Exchange
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.
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).
Dividend Yield: 5.4%
MLP SE's recent earnings report shows strong growth, with net income rising from €2.39 million to €10.31 million year-over-year for Q2 2024. Despite a history of volatile dividend payments, the current payout ratio of 54.2% and low cash payout ratio of 11.1% indicate that dividends are well-covered by both earnings and cash flows. Trading at 47.5% below estimated fair value, MLP offers a compelling valuation for dividend investors despite its inconsistent past performance.
Uzin Utz
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Uzin Utz SE develops, manufactures, and sells construction chemical system products in Germany, the United States, Netherlands, and internationally with a market cap of €245.15 million.
Operations: Uzin Utz SE's revenue segments are as follows: Western Europe (€81.64 million), South/Eastern Europe (€27.70 million), USA - Laying Systems (€73.60 million), Netherlands - Wholesale (€33.66 million), Germany - Laying Systems (€209.68 million), Netherlands - Laying Systems (€83.59 million), Germany - Machinery and Tools (€31.94 million), and Germany - Surface Care and Refinement (€34.21 million).
Dividend Yield: 3.3%
Uzin Utz offers a reliable dividend yield of 3.29%, supported by a low payout ratio of 33.8% and cash payout ratio of 19.9%, ensuring sustainability from both earnings and cash flows. Dividends have been stable and growing over the past decade, although the yield is below the top tier in Germany. Recent half-year results show steady performance, with net income rising to €12.38 million despite slight declines in sales and revenue compared to last year.
Click to explore a detailed breakdown of our findings in Uzin Utz's dividend report.
Our valuation report here indicates Uzin Utz may be overvalued.
Key Takeaways
Embark on your investment journey to our 32 Top German Dividend Stocks selection here.
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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:BMW XTRA:MLP and XTRA:UZU.
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