Three German Dividend Stocks Offering Yields From 3.7% To 5.6%
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As the German DAX index shows relative stability amidst a mixed performance in European markets, investors may find reassurance in the consistency of dividend stocks. In times when market volatility is evident and interest rate cuts are anticipated, dividend-yielding stocks can offer a semblance of predictability and income generation, making them an appealing option for those seeking to balance risk and reward in their investment portfolios.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.19% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 6.70% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.82% | ★★★★★★ |
| Südzucker (XTRA:SZU) | 6.46% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.67% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.50% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 5.92% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.96% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.04% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.17% | ★★★★★☆ |
Click here to see the full list of 30 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
MVV Energie
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: MVV Energie AG operates mainly in Germany, offering services including electricity, heat, gas, water, and waste treatment and disposal with a market capitalization of approximately €2.03 billion.
Operations: MVV Energie AG generates revenue primarily through its Customer Solutions segment (€7.54 billion), followed by Generation and Infrastructure (€1.75 billion), and New Energies (€0.96 billion).
Dividend Yield: 3.7%
MVV Energie AG's recent earnings show a decline with Q2 sales at €1.99 billion and net income at €69.37 million, significantly lower than the previous year. Despite this, the company maintains a stable dividend history over the past decade, although its current yield of 3.73% is below the top German dividend payers' average. Notably, dividends are not well supported by free cash flow or earnings, with a payout ratio of 30.5%, indicating potential sustainability issues if financial performance doesn't improve.
PWO
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: PWO AG specializes in producing lightweight construction components from aluminum and steel for the mobility industry, operating across Germany, Czechia, Canada, Mexico, Serbia, and China with a market capitalization of €97.50 million.
Operations: PWO AG generates €562.18 million from its auto parts and accessories segment.