3 Leading German Dividend Stocks Offering Up To 6.8% Yield
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Amid a backdrop of rising inflation and economic uncertainty across Europe, Germany's market has shown resilience, with investors increasingly focusing on stable returns. Dividend stocks, known for their potential to provide steady income, are becoming particularly attractive in these volatile times.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.23% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 6.70% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.66% | ★★★★★★ |
| Südzucker (XTRA:SZU) | 6.35% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.57% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.40% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.13% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 4.89% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.06% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.11% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Heidelberg Materials
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Heidelberg Materials AG operates globally, producing and distributing cement, aggregates, ready-mixed concrete, and asphalt, with a market capitalization of approximately €17.29 billion.
Operations: Heidelberg Materials AG generates €11.21 billion from cement, €4.88 billion from aggregates, and €5.90 billion from ready-mixed concrete and asphalt.
Dividend Yield: 3.2%
Heidelberg Materials AG, a notable player in the construction materials sector, has demonstrated a commitment to returning value to shareholders through dividends and share repurchases. Recently, they increased their dividend by €0.40 to €3 per share, reflecting a 15% hike from the previous year. Concurrently, they've embarked on an aggressive share buyback program, committing up to €1.2 billion through 2026 with the first tranche of €400 million starting May 2023. Despite these positive shareholder returns, the company's dividend history shows volatility over the last decade with significant annual fluctuations exceeding 20%. Financially, both earnings and cash flow adequately cover current dividends with payout ratios at 27.3% and 29.1%, respectively; however, its dividend yield remains modest at 3.15%, trailing behind top German market payers averaging around 4.51%.
INDUS Holding
Simply Wall St Dividend Rating: ★★★★★☆
Overview: INDUS Holding AG is a private equity firm focused on mergers and acquisitions as well as corporate spin-offs, with a market capitalization of approximately €704.66 million.