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The German market has shown robust performance recently, with the DAX climbing 3.38% amid growing hopes for interest rate cuts. In this favorable economic environment, dividend stocks can offer a reliable income stream and potential for capital appreciation. When selecting dividend stocks, it is crucial to consider factors such as the company's financial health, consistent earnings growth, and a solid track record of paying dividends. With these criteria in mind, let's explore three top German dividend stocks: Allianz and two other yielding investments that stand out in today's market conditions.
Top 10 Dividend Stocks In Germany
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.12% | ★★★★★★ |
Deutsche Post (XTRA:DHL) | 4.84% | ★★★★★★ |
All for One Group (XTRA:A1OS) | 3.08% | ★★★★★☆ |
MLP (XTRA:MLP) | 5.11% | ★★★★★☆ |
OVB Holding (XTRA:O4B) | 4.76% | ★★★★★☆ |
Mercedes-Benz Group (XTRA:MBG) | 8.73% | ★★★★★☆ |
Südzucker (XTRA:SZU) | 7.43% | ★★★★★☆ |
Uzin Utz (XTRA:UZU) | 3.36% | ★★★★★☆ |
MVV Energie (XTRA:MVV1) | 3.78% | ★★★★★☆ |
FRoSTA (DB:NLM) | 3.28% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Allianz
Simply Wall St Dividend Rating: ★★★★★★
Overview: Allianz SE, along with its subsidiaries, offers property-casualty insurance, life/health insurance, and asset management services globally, with a market cap of approximately €104.55 billion.
Operations: Allianz SE generates revenue from property-casualty insurance (€74.95 billion), life/health insurance (€45.52 billion), and asset management (€3.34 billion) services worldwide.
Dividend Yield: 5.1%
Allianz SE's dividend payments are well-covered by both earnings (60% payout ratio) and free cash flows (23.1% cash payout ratio), ensuring sustainability. Dividends have been stable and growing over the past 10 years, with a current yield of 5.12%, placing it among the top 25% of German dividend payers. Recent news includes a new partnership with Jetty and Fortegra, reaffirmed earnings guidance for 2024, and robust half-year financial results showing net income growth to €4.99 billion from €4.37 billion last year.
CR Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: CR Energy AG is an investment company focused on investing in technology companies in Germany, with a market cap of €151.47 million.
Operations: CR Energy AG generates revenue primarily from its Real Estate - Rental segment, which amounts to €68.57 million.