Three Leading German Dividend Stocks Offering Up To 5.4% Yield
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Amidst a backdrop of mixed performances in global markets, with particular stagnation noted in Germany's DAX index, investors may find stability and potential returns in dividend stocks. These stocks can offer regular income streams which might be particularly appealing given the current economic uncertainties and fluctuating market conditions.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Allianz (XTRA:ALV) | 5.23% | ★★★★★★ |
| Edel SE KGaA (XTRA:EDL) | 6.44% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.81% | ★★★★★★ |
| Südzucker (XTRA:SZU) | 6.54% | ★★★★★☆ |
| MLP (XTRA:MLP) | 4.75% | ★★★★★☆ |
| Deutsche Telekom (XTRA:DTE) | 3.56% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 6.10% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.03% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 8.10% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.25% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
MLP
Simply Wall St Dividend Rating: ★★★★★☆
Overview: MLP SE operates as a financial services provider catering to private, corporate, and institutional clients primarily in Germany, with a market capitalization of approximately €0.69 billion.
Operations: MLP SE generates its revenue by offering financial services to a diverse clientele including private individuals, businesses, and institutions in Germany.
Dividend Yield: 4.8%
MLP SE, despite a volatile dividend history, reaffirmed its dividend at €0.30 per share as of March 2024, maintaining consistency from the previous year. The company's dividends are well-covered with a payout ratio of 62.6% and an even more reassuring cash payout ratio of 10.9%. Recent financials show a positive trend with Q1 2024 earnings rising to €27.76 million from €23.51 million year-over-year and sales increasing across recent quarters. Although trading below estimated fair value by 35.9%, its dividend yield at 4.75% ranks in the top quartile for German markets, highlighting an attractive aspect despite past payment inconsistencies.
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Click here to discover the nuances of MLP with our detailed analytical dividend report.
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Our expertly prepared valuation report MLP implies its share price may be lower than expected.
K+S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: K+S Aktiengesellschaft operates globally as a supplier of mineral products for various sectors including agricultural and industrial, with a market capitalization of approximately €2.41 billion.
Operations: K+S Aktiengesellschaft generates €3.67 billion in revenue from its Europe+ operating unit.