3 Of Our Best German Dividend Stock Picks Are Yielding 3.6%

In This Article:

As hopes for interest rate cuts in Europe grow and Germany's DAX Index climbs, investors are increasingly eyeing dividend stocks as a stable income source amid market volatility. In this context, identifying robust dividend stocks becomes crucial, especially those that can provide consistent yields while navigating the current economic landscape.

Top 10 Dividend Stocks In Germany

Name

Dividend Yield

Dividend Rating

Allianz (XTRA:ALV)

5.10%

★★★★★★

Deutsche Post (XTRA:DHL)

4.88%

★★★★★★

All for One Group (XTRA:A1OS)

3.15%

★★★★★☆

MLP (XTRA:MLP)

5.23%

★★★★★☆

OVB Holding (XTRA:O4B)

4.71%

★★★★★☆

SAF-Holland (XTRA:SFQ)

4.77%

★★★★★☆

Mercedes-Benz Group (XTRA:MBG)

8.69%

★★★★★☆

Uzin Utz (XTRA:UZU)

3.40%

★★★★★☆

MVV Energie (XTRA:MVV1)

3.73%

★★★★★☆

FRoSTA (DB:NLM)

3.17%

★★★★★☆

Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

All for One Group

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

Overview: All for One Group SE, with a market cap of €225.27 million, offers business software solutions for SAP, Microsoft, and IBM across Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.

Operations: All for One Group SE's revenue segments include €77.01 million from LOB and €442.47 million from CORE.

Dividend Yield: 3.2%

All for One Group offers a stable and reliable dividend, with payments consistently growing over the past decade. The company’s dividends are well covered by both earnings (payout ratio: 49%) and cash flows (cash payout ratio: 19%). Despite its lower-than-top-tier dividend yield of 3.15%, A1OS is trading at a significant discount to its estimated fair value. Recent earnings show improved profitability, with net income rising to €10.29 million for the nine months ending June 30, 2024.

XTRA:A1OS Dividend History as at Aug 2024
XTRA:A1OS Dividend History as at Aug 2024

technotrans

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

Overview: Technotrans SE is a global technology and services company with a market cap of €116.74 million.

Operations: Technotrans SE generates revenue from two primary segments: €62.21 million from Services and €184.28 million from Technology.

Dividend Yield: 3.7%

Technotrans SE's dividend payments have been volatile over the past decade, despite recent increases. The company's dividends are well covered by earnings (payout ratio: 56.7%) and cash flows (cash payout ratio: 32.3%). Trading at 44% below its estimated fair value, technotrans offers potential capital appreciation. However, its current dividend yield of 3.67% is lower than the top quartile of German dividend payers. Recent earnings calls indicate a forecasted annual profit growth of 25%.