Three Leading German Dividend Stocks Offering Yields From 3% To 5.2%
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As European markets show signs of resilience with Germany's DAX index climbing by 0.90%, investors are keenly observing opportunities within the region's economic landscape. In this context, dividend stocks emerge as a compelling focus, especially for those seeking potentially steadier returns amid fluctuating market conditions.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.33% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.84% | ★★★★★★ |
| Brenntag (XTRA:BNR) | 3.28% | ★★★★★☆ |
| Südzucker (XTRA:SZU) | 6.57% | ★★★★★☆ |
| INDUS Holding (XTRA:INH) | 4.96% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.84% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.45% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.30% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.25% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.20% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top Dividend Stocks screener.
We'll examine a selection from our screener results.
DEUTZ
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DEUTZ Aktiengesellschaft is a company that develops, manufactures, and sells diesel and gas engines across various global regions, with a market capitalization of approximately €0.70 billion.
Operations: DEUTZ Aktiengesellschaft generates revenue primarily through two segments: the Classic segment, which brought in €2.01 billion, and the Green segment, contributing €5.30 million.
Dividend Yield: 3.1%
DEUTZ's dividend yield at 3.05% is modest compared to the German market's top dividend payers. Despite a volatile share price and unstable dividend history, DEUTZ has managed to grow its dividends over the past decade. The company maintains a sustainable payout with earnings covering 22.7% and cash flows at 34.6%. Recent financials show a dip in Q1 sales from €507 million to €454.7 million year-over-year, with net income also decreasing from €23.8 million to €8.8 million, reflecting potential challenges ahead despite projected revenue growth between €1.9 billion and €2.1 billion for 2024.
EDAG Engineering Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: EDAG Engineering Group AG specializes in designing vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle sectors globally, with a market capitalization of €262.50 million.
Operations: EDAG Engineering Group AG generates its revenue primarily through three segments: Vehicle Engineering, which contributes €488.93 million, Production Solutions at €268.86 million, and Electrics/Electronics with €111.45 million.