Berlin According to the Janus Henderson fund house, investors can expect record distributions of 1.64 trillion US dollars worldwide in 2023. AP Moller-Maersk, BHP and Verizon have already paid particularly high dividends in the first quarter. With almost 80 billion euros, the approximately 750 German companies listed on the stock exchange passed on more to their shareholders this year than ever before.
“The whole thing is an increase of a good ten percent compared to the previous year,” classifies stock market expert Ulf Sommer in the podcast. The three car manufacturers VW, Mercedes and BMW account for 44 percent of the dividends of all 40 Dax titles.
“There has never been in German economic history that an industry with three companies is so dominant,” says Sommer. The largest dividend payer in Germany is Hapag Lloyd with eleven billion euros. However, small shareholders would have relatively little of it, since only 3.6 percent of the shares are in free float.
Dividend yields are also higher in the record year. This applies above all to car manufacturers. “The dividend yields are very, very high at 6 to 8 percent.”
But since most corporations have already paid their dividends this year, it is only a theoretical dividend yield for new share buyers. “So I have to weigh things up practically now: will the companies pay dividends next year or not?”
Fund managers from JP Morgan Asset Management would rely on dividend stocks with so-called capital appreciation. “These are companies that have already shown in the past that they can pay and increase dividends – and intend to continue doing so,” explains Sommer. Such stocks would then earn investors up to 1.6x returns over the broad rest of stocks. As examples, the stock experts would name a German stock in addition to some US companies.
More: These companies will pay out the most in 2023
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