German Capital Goods Undervalued Dividend Payers

Daimler Truck Holding

Market Cap: €28.7b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Brenntag

Market Cap: €7.2b

Engages in the distribution of chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

JOST Werke

Market Cap: €800.1m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, the Pacific, and Africa.

INDUS Holding

Market Cap: €707.0m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.