3 German Dividend Stocks Yielding Up To 6.8%

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As the German DAX index recently experienced a slight decline of 0.99%, reflecting broader European market trends amid cautious monetary policy signals from the ECB, investors are increasingly seeking stable income sources in uncertain times. Dividend stocks can offer a reliable stream of income, making them an attractive option for those looking to mitigate volatility while capitalizing on potential yield opportunities.

Top 10 Dividend Stocks In Germany

Name

Dividend Yield

Dividend Rating

Deutsche Post (XTRA:DHL)

4.90%

★★★★★★

SAF-Holland (XTRA:SFQ)

5.90%

★★★★★☆

OVB Holding (XTRA:O4B)

4.66%

★★★★★☆

Mensch und Maschine Software (XTRA:MUM)

3.07%

★★★★★☆

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

6.99%

★★★★★☆

Mercedes-Benz Group (XTRA:MBG)

9.17%

★★★★★☆

Allianz (XTRA:ALV)

4.70%

★★★★★☆

Uzin Utz (XTRA:UZU)

3.29%

★★★★★☆

FRoSTA (DB:NLM)

3.20%

★★★★★☆

MVV Energie (XTRA:MVV1)

3.76%

★★★★★☆

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

We're going to check out a few of the best picks from our screener tool.

FRoSTA

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

Overview: FRoSTA Aktiengesellschaft, with a market cap of €425.79 million, develops, produces, and markets frozen food products across Germany, Poland, Austria, Italy, and Eastern Europe.

Operations: FRoSTA Aktiengesellschaft generates revenue from its operations in the frozen food sector across Germany, Poland, Austria, Italy, and Eastern Europe.

Dividend Yield: 3.2%

FRoSTA offers a dividend yield of 3.2%, which is below the top quartile of German dividend payers. However, its dividends are well-covered by earnings with a payout ratio of 40% and cash flow with a cash payout ratio of 19.3%. The company has maintained stable and reliable dividend payments over the past decade, with consistent growth in dividends during this period, supported by strong earnings growth averaging 16% annually over five years.

DB:NLM Dividend History as at Oct 2024
DB:NLM Dividend History as at Oct 2024

Bertrandt

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

Overview: Bertrandt Aktiengesellschaft offers engineering services and has a market cap of €210.20 million.

Operations: Bertrandt Aktiengesellschaft generates revenue through its segments of Digital Engineering (€640.06 million), Physical Engineering (€253.89 million), and Electrical Systems/Electronics (€409.76 million).

Dividend Yield: 5.8%

Bertrandt's dividend yield of 5.77% ranks in the top 25% of German dividend payers, supported by a payout ratio of 71.1%, indicating dividends are covered by earnings. The cash payout ratio is favorable at 26.8%, suggesting strong cash flow coverage. However, its dividend history has been volatile and unreliable over the past decade, with payments declining more than once by over 20%. Recent financial performance shows challenges, including a net loss in Q3 despite increased sales.