Stock Analysis
Edel SE KGaA And 2 Other German Dividend Stocks To Watch
Reviewed by Simply Wall St
The German stock market has shown resilience, with the DAX rising 2.17% recently, buoyed by an interest rate cut from the European Central Bank amid signs of slowing inflation and economic growth in the eurozone. In this context, dividend stocks can offer a stable income stream and potential for capital appreciation. A good dividend stock typically combines a strong financial foundation with consistent payout history, making it an attractive option in today's cautious market environment.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 7.01% | ★★★★★★ |
| All for One Group (XTRA:A1OS) | 3.17% | ★★★★★☆ |
| SAF-Holland (XTRA:SFQ) | 5.41% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.74% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.78% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.27% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.69% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.17% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.23% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.73% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Edel SE KGaA (XTRA:EDL)
Simply Wall St Dividend Rating: ★★★★★★
Overview: Edel SE & Co. KGaA, with a market cap of €91.06 million, operates as an independent music company in Europe through its subsidiaries.
Operations: Edel SE & Co. KGaA generates revenue through various segments, including music production, digital services, and physical media distribution across Europe.
Dividend Yield: 7.0%
Edel SE KGaA offers a compelling dividend yield of 7.01%, ranking in the top 25% of German dividend payers, with dividends covered by earnings (52.7%) and cash flows (71%). Despite high debt levels, its dividends have been stable and growing over the past decade. Recent earnings showed a slight increase in net income to €5.82 million for H1 2024, despite lower sales (€129.29 million). The stock trades at a significant discount to its estimated fair value.
- Click here to discover the nuances of Edel SE KGaA with our detailed analytical dividend report.
- Our valuation report here indicates Edel SE KGaA may be undervalued.
SAF-Holland (XTRA:SFQ)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses with a market cap of €713.60 million.
Operations: SAF-Holland SE generates revenue of €863.53 million from the Americas, €276.09 million from Asia/Pacific (APAC)/China/India, and €942.98 million from Europe, The Middle East, and Africa (EMEA).
Dividend Yield: 5.4%
SAF-Holland SE's dividend yield ranks in the top 25% of German dividend payers, with dividends well covered by earnings (41.5%) and cash flows (25%). Despite a volatile and unreliable dividend history over the past decade, recent earnings showed significant growth, with H1 2024 net income at €50.26 million. However, high debt levels and forecasted lower sales for H2 2024 may impact future payouts. The stock trades significantly below its estimated fair value.
- Navigate through the intricacies of SAF-Holland with our comprehensive dividend report here.
- In light of our recent valuation report, it seems possible that SAF-Holland is trading behind its estimated value.
Südzucker (XTRA:SZU)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Südzucker AG is a multinational company that produces and sells sugar products across Germany, the European Union, the United Kingdom, the United States, and internationally, with a market cap of approximately €2.33 billion.
Operations: Südzucker AG's revenue segments include €1.58 billion from Fruit, €4.59 billion from Sugar, €1.12 billion from Starch, €1.16 billion from CropEnergies, and €2.40 billion from Special Products (excluding Starch).
Dividend Yield: 7.9%
Südzucker's dividend yield ranks in the top 25% of German payers, supported by a low payout ratio (39.4%) and cash payout ratio (23.4%). Despite an unstable dividend history over the past decade, recent earnings results for Q1 2025 showed sales of €2.55 billion and net income of €83 million, down from €171 million a year ago. The stock trades significantly below its estimated fair value but faces forecasted earnings declines over the next three years.
- Dive into the specifics of Südzucker here with our thorough dividend report.
- The valuation report we've compiled suggests that Südzucker's current price could be quite moderate.
Where To Now?
- Unlock more gems! Our Top German Dividend Stocks screener has unearthed 30 more companies for you to explore.Click here to unveil our expertly curated list of 33 Top German Dividend Stocks.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
- Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Searching for a Fresh Perspective?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About XTRA:SZU
Südzucker
Produces and sells sugar products in Germany, rest of the European Union, the United Kingdom, the United States, and internationally.
