- 1 Germany is home to a large number of profit-making companies in different industries.
- 2 These companies are known for generating great dividends for their investors.
- 3 Experts handpick the companies that are expected to do the same this month as well.
One might think of many things when they hear Germany. It’s a country known for being a leader on many fronts. For most millennials and GenZ, this nation is technologically advanced. It has sublime healthcare services and a progressive GDP. All in all, Germany has accomplished many achievements as a country. It is a hub of high-performing organizations in various domains.
Therefore, many of its companies are highly valuable to investors as well. These firms are known for distributing impressive dividends across the globe. When experts recommend companies country-wise, they never forget the Dutchland. So, here are some German companies that are known for paying good dividends.
German Stocks Known For More Gains
The following firms have done a great job of generating great dividends. Moreover, the market expects them to generate profits this month too.
Fresenius Medical Care AG & Co. KGaA (NYSE: FMS)
Fresenius is a healthcare company with exclusive solutions. It particularly focuses on products that treat renal diseases. With such niche-specific operations, the company gained a special place. It also handles 4153 dialysis clinics and is a leader in this space. With efficient and profitable operations, it has delivered a dividend yield of 4.33%.
Deutsche Post AG (OTC: DPSGY)
Deutsche Post AG is a leading supply chain management company with a global presence. With extensive and multifaceted operations, it generates high revenue every quarter. It also expanded a lot with mergers and acquisitions. Thus, the company is a favorite of investors who see consistent profits. It has delivered a dividend yield of 4.62%.
Allianz SE (OTC: ALIZY)
Allianz SE provides a motley of financial services to 126 Million customers. With a headcount of 155,000 employees, it provides services to over 70 countries. The company mainly deals in insurance and asset management. In fact, it is the most prominent insurance firm in Germany. It is also known for making smart investment decisions. It has maintained a dividend yield of 5.33%.
E.ON SE (OTC: EONGY)
E.ON SE is the biggest publicly-listed electric utility company in the world. With over 900,000 renewable energy plants, it caters to 51 Million customers in Europe. It provides employment to 72,000 people and works towards sustainable living too. Its continued profitable operations have maintained a dividend yield of 5.34%.
Evonik Industries AG (OTC: EVKIY)
Evonik specializes in manufacturing specialty chemicals for numerous industries. Its new healthcare division has created quite a buzz in the industry. Notably, its chemicals were used in making COVID-19 vaccine. It has a broad line of products and it invests greatly in R&D too. With a forward dividend yield of 6.29%, it’s an obvious choice for many investors.
Conclusion
These companies have given impressive dividends to their investors very frequently. They are also known for maintaining decent operational performance. Each of them is doing a great job in its respective industry. Hence, investing in them certainly makes sense. However, investors must do their legwork before putting their hard-earned money into any stock. With strategic investments, these companies can certainly bring fortune to investors.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.