Three German Dividend Stocks Offering Up To 7.1% Yield

In This Article:

As European markets show signs of resilience, with Germany's DAX index recently marking a notable gain, investors are increasingly attentive to opportunities within the region. In this context, dividend stocks remain a compelling consideration for those looking to blend income generation with potential capital appreciation in a stabilizing economic environment.

Top 10 Dividend Stocks In Germany

Name

Dividend Yield

Dividend Rating

Allianz (XTRA:ALV)

5.30%

★★★★★★

Deutsche Post (XTRA:DHL)

4.86%

★★★★★★

Brenntag (XTRA:BNR)

3.24%

★★★★★☆

Talanx (XTRA:TLX)

3.17%

★★★★★☆

Südzucker (XTRA:SZU)

6.55%

★★★★★☆

INDUS Holding (XTRA:INH)

4.84%

★★★★★☆

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

6.25%

★★★★★☆

Deutsche Telekom (XTRA:DTE)

3.30%

★★★★★☆

Mercedes-Benz Group (XTRA:MBG)

8.18%

★★★★★☆

ProCredit Holding (XTRA:PCZ)

6.88%

★★★★☆☆

Click here to see the full list of 30 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Deutsche Telekom

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

Overview: Deutsche Telekom AG, along with its subsidiaries, offers integrated telecommunication services and has a market capitalization of approximately €115.19 billion.

Operations: Deutsche Telekom AG generates its revenue primarily from three segments: Germany (€25.34 billion), the United States (€72.18 billion), and Europe (€11.97 billion), along with contributions from Systems Solutions (€3.94 billion) and Group Headquarters & Group Services (€2.27 billion).

Dividend Yield: 3.3%

Deutsche Telekom offers a stable dividend, with payments growing over the past decade and a current yield of 3.3%, although this is below the top quartile in Germany's market at 4.72%. Its dividends are well-supported, covered by earnings with an 87% payout ratio and by cash flows with a 19.3% cash payout ratio. Recent activities include a €700 million share buyback and multiple global conference presentations, signaling active management and international engagement despite its high debt levels.

XTRA:DTE Dividend History as at Jun 2024
XTRA:DTE Dividend History as at Jun 2024

MPC Münchmeyer Petersen Capital

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

Overview: MPC Münchmeyer Petersen Capital AG is a publicly owned investment manager with a market capitalization of approximately €152.27 million, focusing on asset and investment management services.

Operations: MPC Münchmeyer Petersen Capital AG generates revenue primarily through Management Services (€30.83 million) and Transaction Services (€7.73 million).