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German dividend pearls - says World | AA

Where are the highest dividends expected to be paid in Germany in 2026?


The editors of "Welt | Alles auf Aktien" have looked into the question. Here is an excerpt:


Overall, the total dividend payout in Dax and MDax will probably decline overall in 2026. One of the main reasons for this is the weak earnings performance in the automotive industry, which is an important dividend payer.


The amounts that German companies will pay out in 2026 have only been determined in a few cases.


The highest payout in 2026 can be expected from the RTL Group
$RTLL (+1,41%) can be expected. According to analysts, shareholders of the media group can expect a credit of 3.19 euros per share next year, which corresponds to a yield of 9.6 percent based on the current share price. This does not yet include the expected five-euro special dividend resulting from the sale of RTL Nederland. Incidentally, RTL was already one of the top dividend payers this year, with an additional 23 percent share price gain.


Shareholders of Evonik Industries $EVK (+3,03%) can also hope for more than nine percent. The Essen-based company is so stable in its niches that it has been able to maintain its dividend at EUR 1.17 for four years. Overall, they are the market leader in 20 different areas. In 2026, too, there will be 1.17 euros per share, which would be a current yield of 9.1 percent at the current share price.


Another dividend pearl is Freenet $FNTN (+0,82%). The mobile operator is a favorite of dividend collectors. Experts say it will probably pay 2.10 euros per share in 2026. That would be 7.5 percent. This year, the share price has risen slightly in addition to the generous dividend.


The same cannot be said for the next dividend share: Ströer $SAX (+3,63%). Not only did the operator of outdoor and online advertising lose a lot in 2025, the share price has not budged for ten years. In this case, the dividend yield of 6.3 percent is little consolation.


The last dividend pearl is BASF $BAS (+2,9%). The company was once the largest chemical group in the world, but here too - if you look at the share price - there has been no progress and no growth for more than ten years. At least the Ludwigshafen-based company will be able to keep its dividend stable in 2026, according to analysts. That would be 2.25 euros per share, or a good five percent current yield.


Source text and image, "Welt", 09.12.25

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9 Commenti

immagine del profilo
Pearls is actually the wrong term. Dividend ramp probably fits better.
If German then rather dividend growth stocks like $ALV $DTE or $KSB
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immagine del profilo
@Hotte1909 I agree with you, resterampe
immagine del profilo
@Hotte1909 Yes, the companies mentioned in the article would not be my first choice either
immagine del profilo
@Hotte1909 So $RTLL is doing quite respectably, and I agree with you about the rest!
immagine del profilo
@Crash-Propheteus How much TV do you still watch? When the TV is on, I watch Amazon, Disney or Netflix
immagine del profilo
@Hotte1909 RTL+; Sky everything 100% streamed
immagine del profilo
@Crash-Propheteus Yes, I actually had RTL+ the other day, because it was the only way to stream Lord of War with Nicolas Cage. But normal evening TV is being watched less and less, so RTL is also losing advertising revenue, which is partly made up for by horrendous prices for RTL+, I think they now charge €11 pm for it.
immagine del profilo
I wouldn't put a TV station in my portfolio. I can already see serious problems for the business model, as fewer and fewer people are consuming traditional television.

Unfortunately, we now have very high energy costs in this country and that is a real competitive disadvantage for local companies. Theoretically, these can be good investments, but cynically you have to hope that the management creates new capacities abroad and scales back the plants in Germany.
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immagine del profilo
In Germany, I think Aurubis $NDA and Mutares $MUX are really exciting dividend companies. I have both in my portfolio 🤑🤞🏼
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