DAX Companies Distribute Near-Record €54 Billion in Dividends Despite Profit Decline

Germany's top firms increase dividend payouts to 56% of profits, compensating for economic challenges and a 20% earnings drop.

DAX companies are distributing €54 billion in dividends for the 2024 fiscal year, just 0.2% below the all-time high despite a 20% decline in profits.
Fourteen companies, including Allianz, Siemens, Munich Re, and Deutsche Börse, achieved record dividend payouts.
The automotive sector, including BMW, Mercedes-Benz, and Volkswagen, has significantly reduced dividends due to ongoing structural challenges.
Allianz leads with the highest dividend payout at nearly €6 billion, followed by Deutsche Telekom (€4.4 billion) and Mercedes-Benz (€4.1 billion).
Approximately 80% of DAX companies' revenue comes from international markets, helping offset domestic economic stagnation.