Top German Dividend Stocks To Consider In September 2024
In This Article:
As the German market faces renewed concerns about global economic growth, with the DAX recently declining by 3.20%, investors are increasingly turning their attention to stable income-generating options like dividend stocks. In such uncertain times, a good dividend stock offers not only consistent payouts but also resilience against market volatility, making it an attractive choice for those seeking reliable returns amidst fluctuating economic conditions.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| All for One Group (XTRA:A1OS) | 3.07% | ★★★★★☆ |
| MLP (XTRA:MLP) | 5.46% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.71% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.31% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.88% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.57% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.35% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.29% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.76% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.31% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener.
We'll examine a selection from our screener results.
FRoSTA
Simply Wall St Dividend Rating: ★★★★★☆
Overview: FRoSTA Aktiengesellschaft, with a market cap of €415.57 million, develops, produces, and markets frozen food products across Germany, Poland, Austria, Italy, and Eastern Europe.
Operations: FRoSTA Aktiengesellschaft generates revenue through the development, production, and marketing of frozen food products in several European countries including Germany, Poland, Austria, Italy, and Eastern Europe.
Dividend Yield: 3.3%
FRoSTA offers a stable dividend, having consistently increased payouts over the past decade. With a current yield of 3.31%, it falls below the top tier in Germany but remains attractive due to its reliability and coverage by both earnings (40% payout ratio) and cash flows (19.3% cash payout ratio). The stock trades near fair value, supported by steady earnings growth of 16% annually over five years, with recent half-year revenue at €319.81 million and net income at €15.5 million.
Bertrandt
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bertrandt Aktiengesellschaft, with a market cap of €209.19 million, provides engineering services.
Operations: Bertrandt Aktiengesellschaft generates revenue through Digital Engineering (€640.06 million), Physical Engineering (€253.89 million), and Electrical Systems/Electronics (€409.76 million).
Dividend Yield: 5.8%