Top Dividend Stocks On The German Exchange
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As the European Central Bank's recent rate cuts fuel optimism for further monetary easing, Germany's DAX Index has seen a notable increase, reflecting a positive sentiment in the market. In this context of economic adjustments and investor interest, dividend stocks on the German exchange stand out as attractive options for those seeking steady income streams amidst fluctuating market conditions.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Deutsche Post (XTRA:DHL) | 4.89% | ★★★★★★ |
| SAF-Holland (XTRA:SFQ) | 5.96% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.66% | ★★★★★☆ |
| Mensch und Maschine Software (XTRA:MUM) | 3.02% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.09% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.31% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.08% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.68% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.23% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.76% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
SIMONA
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SIMONA Aktiengesellschaft is a company that develops, manufactures, and markets a variety of semi-finished thermoplastics, pipes, fittings, and profiles globally, with a market cap of €372 million.
Operations: SIMONA Aktiengesellschaft generates revenue of €578.85 million from its segments, which include semi-finished plastics and pipes, as well as fittings and finished parts.
Dividend Yield: 3.1%
SIMONA's dividend yield of 3.14% is below the German market's top quartile, yet its dividends are well covered by both earnings and cash flows, with payout ratios at 35.7% and 35%, respectively. Despite a decade of increasing dividends, their stability remains questionable due to past volatility. Recent financials show net income growth to €13.24 million for H1 2024, suggesting potential earnings support for future payouts despite lower sales figures compared to last year.
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Dive into the specifics of SIMONA here with our thorough dividend report.
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Upon reviewing our latest valuation report, SIMONA's share price might be too pessimistic.
Heidelberg Materials
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Heidelberg Materials AG, with a market cap of €17.32 billion, operates globally through its subsidiaries to produce and distribute cement, aggregates, ready-mixed concrete, and asphalt.
Operations: Heidelberg Materials AG generates revenue primarily from its Cement segment (€10.90 billion), followed by Ready-Mixed Concrete-Asphalt (€5.71 billion), and Aggregates (€4.92 billion).