Corporations that choose a higher distribution than expected are worth a special look on the stock market.
(Photo: Bloomberg, Imago (2), Reuters, dpa (2))
Dusseldorf With 52 billion euros, the 40 Dax companies will pay out more dividends in 2023 than ever before. How can investors benefit from this? According to Commerzbank expert Andreas Hürkamp, investors should use two criteria when selecting stocks.
First, a Dax share should offer a dividend yield – the quotient of dividend and share price – of three percent and more. This is currently achieved by 17 shares. Second, despite the pandemic and war, dividends should not have been reduced in recent years. Eight titles did that. They come up with an average dividend yield of a high five percent.
The selection can be further refined: Because unexpectedly strong increases in dividends are also driving share prices, it is particularly worth taking a look at those shares where the distributions are increasing even more than specialist analysts had previously expected. Nine titles can do that – the Handelsblatt had already forecast this for three in November. The following six Dax shares remain.
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