German Dividend Aristocrats - The 2018 Update

Jul. 17, 2018 1:16 PM ET23 Comments
rickrack profile picture
rickrack
312 Followers

Summary

  • The German Dividend Aristocrats (GDA) have been updated - this is the 2018 version.
  • There are 38 (+8) identified Dividend Aristocrats in Germany as of July 2018.
  • Only five companies (-1) have raised their distributions for 10 or more years.
  • 33 companies have at least maintained their payments for 10-plus years.

Introduction

The main season (April to June) for dividend distributions in Germany is over now. Time for a new update of the German Dividend Aristocrats (GDA).

Two years ago I introduced this new source for dividend growth investors. Last year there was the update for 2017. Check out the original articles:

This list below is for informational purpose only. I am not going to create a portfolio out of all these companies. It should be a helping hand for investors who are seeking more international exposure. As you know: international diversification can help dividend growth investors reduce risk and enhance total return.

One word before we start: I am not a native English speaker. There might be some formal mistakes or "rough language" - I hope you can "ignore" that. My apologies for that.

The German Dividend Aristocrats - a short definition

The definition of the selection is given by its name:

"German":

I have included stocks from companies which are based in Germany (headquarters in Germany) plus companies which are listed at one of the German stock exchanges but based outside of Germany (headquarters not in Germany). Nearly all of the companies in the list belong to the first group ("German" companies).

"Dividend":

The compilation includes only companies that pay dividends. This shows a significant difference from the situation in the United States: First, it is not self evident that companies pay dividends. Secondly, German companies usually pay an annual dividend (and not quarterly). That means there is only one distribution over the year. The main dividend season in Germany is from April to June when most general meetings are held.

"Aristocrats":

Aristocrats are all "noble" companies that have not reduced the dividend for at least 10 years. The term "aristocrats" therefore is

This article was written by

rickrack profile picture
312 Followers
German buy&hold investor with focus on dividends. Father of three. Rated "best daddy in the world" :-)Managing three portfolios:One of them is the Anglo-American-Canadian dividend growth portfolio.Author of the German Dividend Aristocrats - check them out here on SA

Disclosure: I am/we are long MURGY, SIEGY, BASFY, VIBVY, ALIZF, BAYRY. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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