As tensions in the Middle East escalate, oil prices have surged, causing a ripple effect across global markets. In Europe, the pan-European STOXX Europe 600 Index has seen a decline as investors grow cautious amid these geopolitical uncertainties. Amidst such volatility, dividend stocks in Germany offer an attractive proposition for those seeking steady income streams and potential stability.
Top 10 Dividend Stocks In Germany
| Name | Dividend Yield | Dividend Rating |
| Edel SE KGaA (XTRA:EDL) | 6.67% | ★★★★★★ |
| Deutsche Post (XTRA:DHL) | 4.85% | ★★★★★★ |
| SAF-Holland (XTRA:SFQ) | 5.67% | ★★★★★☆ |
| OVB Holding (XTRA:O4B) | 4.71% | ★★★★★☆ |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) | 7.52% | ★★★★★☆ |
| Allianz (XTRA:ALV) | 4.74% | ★★★★★☆ |
| Uzin Utz (XTRA:UZU) | 3.32% | ★★★★★☆ |
| Mercedes-Benz Group (XTRA:MBG) | 9.39% | ★★★★★☆ |
| FRoSTA (DB:NLM) | 3.31% | ★★★★★☆ |
| MVV Energie (XTRA:MVV1) | 3.69% | ★★★★★☆ |
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.
DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen develops, manufactures, and distributes flatbed displays, monitors, electronic subassemblies, and information systems both in Germany and internationally with a market cap of €93.80 million.
Operations: DATA MODUL's revenue is comprised of €96.65 million from Systems and €161.99 million from Displays.
Dividend Yield: 7.5%
DATA MODUL's dividend yield is among the top 25% in Germany, supported by a reasonable payout ratio of 64% and a low cash payout ratio of 19.5%. However, recent earnings show a decline, with Q2 sales at €50.99 million and net income at €0.897 million compared to last year. Despite historical dividend volatility, payments have grown over the past decade. The stock trades at a favorable P/E ratio of 8.5x versus the market's 17x.
- Get an in-depth perspective on DATA MODUL Produktion und Vertrieb von elektronischen Systemen's performance by reading our dividend report here.
- The valuation report we've compiled suggests that DATA MODUL Produktion und Vertrieb von elektronischen Systemen's current price could be quite moderate.
INDUS Holding (XTRA:INH)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: INDUS Holding AG is a private equity firm focused on mergers and acquisitions as well as corporate spin-offs, with a market cap of €557.18 million.
Operations: INDUS Holding AG generates revenue from its core segments, including Materials (€584.27 million), Engineering (€586.92 million), and Infrastructure (€567.79 million).
Dividend Yield: 5.6%
INDUS Holding's dividend yield ranks in the top 25% of German payers, with a payout ratio of 47.1% and a cash payout ratio of 19%, indicating strong coverage by earnings and cash flows. Despite this, dividends have been unstable over the past decade. Recent buyback completion for €25.3 million may support shareholder value despite lowered sales guidance for 2024 due to challenging macroeconomic conditions. The stock trades significantly below its estimated fair value, though it carries high debt levels.
- Unlock comprehensive insights into our analysis of INDUS Holding stock in this dividend report.
- Our valuation report unveils the possibility INDUS Holding's shares may be trading at a discount.
Mensch und Maschine Software (XTRA:MUM)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mensch und Maschine Software SE offers CAD/CAM/CAE, product data management, and building information modeling/management solutions in Germany and internationally, with a market cap of €917.62 million.
Operations: Mensch und Maschine Software SE's revenue is primarily derived from its M+M Digitization segment at €216.19 million and its M+M Software segment at €107.71 million.
Dividend Yield: 3.1%
Mensch und Maschine Software offers a stable dividend history with growth over the past decade, though its 3.06% yield is below top-tier German payers. The high payout ratio of 91% suggests dividends are not well covered by earnings, but a reasonable cash payout ratio of 65% indicates coverage by cash flows. Recent earnings showed modest growth, with net income rising to €7.34 million in Q2 2024 from €6.58 million the previous year.
- Click here and access our complete dividend analysis report to understand the dynamics of Mensch und Maschine Software.
- Our comprehensive valuation report raises the possibility that Mensch und Maschine Software is priced lower than what may be justified by its financials.
Make It Happen
- Click this link to deep-dive into the 33 companies within our Top German Dividend Stocks screener.
- 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.
- Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.
Looking For Alternative Opportunities?
- 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:MUM
Mensch und Maschine Software
Provides computer aided design, manufacturing, and engineering (CAD/CAM/CAE), product data management, and building information modeling/management solutions in Germany and internationally.
Flawless balance sheet with solid track record and pays a dividend.
