12 Best International Dividend Stocks To Buy Now

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9. SAP SE (NYSE:SAP)

Dividend Yield as of February 11: 0.87%

Number of Hedge Fund Holders: 36

SAP SE (NYSE:SAP) is a global software and services provider based in Walldorf, Germany. Its main products offer finance, supply chain management, human resources, customer experience, and spend management solutions.

On February 10, Stifel raised the price target on SAP SE (NYSE:SAP) to €300 from €265, and reiterated a Buy rating on the shares. The price target upgrade reflects Stifel’s confidence in SAP’s RISE with SAP transition, which is driving cloud revenue growth. Analysts also expect EPS growth and positive earnings revisions to propel the stock higher.

Cloud revenue increased 27%, marking three straight quarters of double-digit growth for SAP SE (NYSE:SAP). Moreover, SAP made progress with AI, delivering 130 generative AI use cases in 2024. The company’s free cash flow rose 19% to €4.1 billion, exceeding its earlier target of €3.5-4 billion. Despite spending €2.5 billion on restructuring and €0.2 billion on compliance-related settlements, SAP’s strong profitability and early payments for 2025 receivables helped maintain healthy cash flow for the year.

Since going public in 1988, SAP SE (NYSE:SAP) has consistently paid dividends to its shareholders without any reductions or cancellations. It is one of the best dividend stocks to monitor for an income portfolio. For the 2023 fiscal year, shareholders approved a €2.20 per share dividend at the Annual General Meeting, reflecting a 7.3% increase from 2022. In total, €2.564 billion was distributed in dividends.

According to Insider Monkey’s third-quarter database, 36 hedge funds were bullish on SAP SE (NYSE:SAP), up from 31 funds in the earlier quarter.

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