8 Best German Dividend Stocks To Invest In

4. Bayerische Motoren Werke Aktiengesellschaft (XETRA:BMW.DE)

Dividend Yield as of December 27: 7.73%

Bayerische Motoren Werke Aktiengesellschaft (XETRA:BMW.DE) develops, manufactures, and sells automobiles, motorcycles, and related parts globally. It operates through three segments – Automotive, which includes BMW, MINI, and Rolls-Royce brands; Motorcycles, which includes BMW Motorrad; and Financial Services, which covers leasing, credit financing, insurance, and fleet management. Bayerische Motoren Werke Aktiengesellschaft (XETRA:BMW.DE) ranks 4th on our list of the best German dividend stocks.

Despite facing significant challenges in Q3, including technical issues with the Integrated Braking System (IBS) and weak demand in China, Bayerische Motoren Werke Aktiengesellschaft (XETRA:BMW.DE) expects increasing deliveries in Q4 of 2024. The BMW brand achieved a 7.6% increase in sales volume in Europe, strengthening its market position. In the US, sales and market share remained stable. A significant inventory reduction is planned for Q4, with BMW confirming its forecast for auto-free cash flow.  The company last paid an annual dividend in May 2024.

Bayerische Motoren Werke Aktiengesellschaft (XETRA:BMW.DE) saw a 19.1% increase in fully electric vehicle sales in the first nine months of 2024, delivering a total of 294,054 BEVs. Despite a challenging market, the BMW brand saw a 22.6% rise in electric vehicle sales, reaching 266,151 units. The MINI brand also reported strong growth, with a 54.3% increase in Q3 sales of fully electric models, delivering 16,536 BEVs. Overall, the BMW Group delivered 1,754,158 units globally by September, a 4.5% decline due to IBS delivery stops and weaker demand in China.