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Amid a backdrop of economic uncertainties and fluctuating markets, Germany's DAX index showed resilience with a modest rise of 0.40% this week. As investors navigate through these turbulent times, dividend stocks like SAF-Holland emerge as potential beacons of stability due to their ability to provide regular income streams.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.28% | ★★★★★★ |
Deutsche Post (XTRA:DHL) | 4.64% | ★★★★★★ |
INDUS Holding (XTRA:INH) | 4.96% | ★★★★★☆ |
OVB Holding (XTRA:O4B) | 4.76% | ★★★★★☆ |
DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.71% | ★★★★★☆ |
Südzucker (XTRA:SZU) | 6.39% | ★★★★★☆ |
MLP (XTRA:MLP) | 5.11% | ★★★★★☆ |
Deutsche Telekom (XTRA:DTE) | 3.24% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 8.04% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.17% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
SAF-Holland
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SAF-Holland SE is a company that manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses, with a market capitalization of approximately €839.79 million.
Operations: SAF-Holland SE generates its revenue primarily from three geographical segments: €951.75 million from Europe, the Middle East, and Africa (EMEA), €898.79 million from the Americas, and €280.64 million from Asia/Pacific including China and India.
Dividend Yield: 4.6%
SAF-Holland SE, despite a volatile dividend history over the past decade, has shown recent improvements in financial performance with a 28% earnings growth last year and projections of 9.18% annual earnings growth. The company's dividends are well-covered by both earnings and cash flows, with payout ratios at 44.6% and cash payout ratios at 31.6%, respectively. However, its current dividend yield of 4.59% is slightly below the top quartile in the German market at 4.63%. Additionally, SAF-Holland trades at a significant discount to estimated fair value by 43.6%. High debt levels remain a concern for long-term sustainability.
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Get an in-depth perspective on SAF-Holland's performance by reading our dividend report here.
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Our valuation report here indicates SAF-Holland may be undervalued.
technotrans
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Technotrans SE is a global technology and services company with a market capitalization of approximately €127.45 million.
Operations: Technotrans SE generates revenue primarily through two segments: Technology, which brought in €188.31 million, and Services, contributing €63.04 million.