DAX

Rank every DAX stock by payout ratio. Lower values indicate a smaller share of earnings paid as dividends. Part of our free stock indices.

Top 5

Payout Ratio

  • MTX
    11.90%
  • QIA
    13.41%
  • PAH3
    20.84%
  • DBK
    21.52%
  • BEI
    23.53%

Constituents (39)

*Excluding stocks without dividends
MTX
MTU Aero Engines AGXETR
11.90%
QIA
QIAGEN N.V.XETR
13.41%
PAH3
Porsche Automobil Holding SE Preference SharesXETR
20.84%
DBK
Deutsche Bank AGXETR
21.52%
BEI
Beiersdorf AGXETR
23.53%
ADS
adidas AGXETR
25.91%
ENR
Siemens Energy AGXETR
27.56%
HNR1
Hannover Rück SEXETR
29.40%
HEI
Heidelberg Materials AGXETR
29.54%
CBK
Commerzbank AGXETR
29.95%
AIR
Airbus SEPAR
31.60%
RWE
RWE AGXETR
33.74%
DB1
Deutsche Börse AGXETR
35.65%
RHM
Rheinmetall AGXETR
36.34%
G24
Scout24 SEXETR
36.57%
FRE
Fresenius SE & Co. KGaAXETR
37.31%
SAP
SAP SEXETR
37.66%
MRK
Merck KGaAXETR
37.74%
VNA
Vonovia SEXETR
37.77%
MUV2
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in MünchenXETR
38.30%
BMW
Bayerische Motoren Werke AGXETR
38.43%
HEN3
Henkel AG & Co. KGaA Vz (Preferred Shares)XETR
41.46%
EOAN
E.ON SEXETR
41.98%
IFX
Infineon Technologies AGXETR
42.68%
FME
Fresenius Medical Care AGXETR
44.04%

Frequently asked questions

The 5 DAX companies with the lowest payout ratio are: MTU Aero Engines AG (MTX, 11.90%), QIAGEN N.V. (QIA, 13.41%), Porsche Automobil Holding SE Preference Shares (PAH3, 20.84%), Deutsche Bank AG (DBK, 21.52%) and Beiersdorf AG (BEI, 23.53%). MTU Aero Engines AG ranks first at 11.90%.

A payout ratio of 21.52% or lower places a DAX stock in the top 10% on this metric. That covers the strongest 4 of the 39 ranked constituents.

There is no fixed threshold, so the index itself is the benchmark. Across the 39 ranked DAX constituents, the median payout ratio is 38.30%. A stock below that level ranks ahead of the typical DAX company, though it stays a relative gauge, not a full verdict.

Bayer AG (BAYN) has the highest payout ratio in the DAX, at 163.27%. MTU Aero Engines AG (MTX) has the lowest, at 11.90%.

Bayer AG (BAYN, 163.27%) reports the highest payout ratio in the DAX, followed by Brenntag SE (BNR, 132.91%), BASF SE (BAS, 131.99%), Daimler Truck Holding AG (DTG, 121.02%) and Deutsche Telekom AG (DTE, 104.97%).