German Capital Goods Undervalued Dividend Payers

Daimler Truck Holding

Market Cap: €32.7b

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

Brenntag

Market Cap: €7.8b

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

KSB SE KGaA

Market Cap: €1.9b

Manufactures and supplies pumps, valves, and related services worldwide.

INDUS Holding

Market Cap: €751.8m

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