Home » Dividends: These 15 German stocks pay out more every year

Dividends: These 15 German stocks pay out more every year

by admin
Dividends: These 15 German stocks pay out more every year

A study shows which companies have regularly increased their dividends. picture alliance / Zoonar | Matej Kastelic

German stock corporations in the DAX, MDax and SDax will pay out around 62.5 billion euros, according to a dividend study by DividendAdel, DSW and FOM. The value exceeds the previous year’s amount by 1.6 percent, despite problems at Bayer, BMW and Fresenius. Large global corporations such as Allianz, Airbus and Porsche AG in particular are driving the third dividend record in a row.

The 160 German stock corporations included in the Dax, MDax and SDax will distribute around 62.5 billion euros this year. This is the result of the dividend study by financial expert Christian Röhl from DividendAdelthe German Protection Association for Securities Ownership (DSW) and the University of Economics & Management Non-Profit Society (FOM).

This means that the value exceeds the total from the previous year by 1.6 percent – despite the “almost failure” at Bayer, the decline in the distribution at BMW and the cancellation at Fresenius due to state aid, according to the study.

Third dividend record in a row

This year there should be the third dividend record in a row. This is primarily driven by large global corporations. In the DAX, 24 out of 40 companies pay more than in the previous year, led by Allianz, Airbus and Porsche AG. Of the smaller and medium-sized companies, however, not even half are increasing their dividends – and one in five MDax and SDax companies leaves shareholders empty-handed.

A third of the DAX dividend sum goes to seven car stocks with 17.3 billion euros, another almost 20 percent goes to five insurance companies and banks with 9.7 billion euros. According to the study, the distribution volume for second-line stocks is likely to collapse by around two thirds to 5.5 billion euros in 2024. The background is the normalization at Hapag-Lloyd, where the exceptional economic situation caused by the pandemic brought shareholders 11.1 billion euros in dividends last year.

See also  Equita-Bocconi, European IPOs down by 80% in 2022

These German companies regularly pay out more money

But which German companies from the DAX, MDax and SDax have now continuously increased their dividends? Companies that increase their payouts for 25 years in a row are called “dividend aristocrats” in the USA – and are no longer found in Germany after Fresenius and FMC stopped increasing them in 2023. However, there are still eleven companies that have had at least ten increases in a row. Here they come:

“>

External content not available

Do you have a contentpass subscription but still don’t want to miss out on displaying external content from third-party providers? Then click on “agree” and we will integrate external content and services from selected third-party providers into our offer to improve your user experience. You can view a current list of these third parties at any time in your privacy (link to privacy). In this context, usage profiles (including based on cookie IDs) can also be created and enriched, even outside the EEA. In this case, your consent also includes the transfer of certain personal data to third countries, including the USA in accordance with Article 49 Paragraph 1 Letter a) GDPR. Further details on data processing can be found in our data protection information and privacy policy, which are available at any time in the footer of our offer. You can exercise your consent to the integration of external content at any time in the footer of our offer via the “Revocation Tracking” link.

Agree and view external content

At the top of the ranking is the company Fuchs Vz. The family-run lubricants world market leader from the MDax shows: Dividend quality is also possible with a business geared towards cyclical industries. The most recent increase from 1.06 to 1.10 euros per preferred share is the 22nd in a row – according to the analysis, no other German stock exchange company has a longer series.

Performance of Fuchs shares. DividendAdel, DSW, FOM

See also  Anticipated 2024 Social Security COLA Increase: Retirees to Receive an Additional $55.12 per Month

However, it is important to note: “A long track record of stable or continuously increasing payouts is often an indication of the resilience of business models – but is not a guarantee of dividends,” warn the study authors. Investors should therefore always remember that the past does not allow any conclusions to be drawn about the future.

Disclaimer: Stocks and other investments generally involve risk. A total loss of the capital invested cannot be ruled out. The articles, data and forecasts published are not a solicitation to buy or sell securities or rights. They also do not replace professional advice.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy