dividends

Of the 40 Dax stocks, 23 are increasing their dividends, and many companies have provided a positive surprise with their increases. The Deutsche Telekom AGM on 9 April marks the beginning of the busy payout season.

Dax and MDax companies will pay out a whopping 61 billion euros in the current dividend season. The biggest three payouts come from Allianz, Deutsche Telekom, and Mercedes-Benz Group.

Despite declining profits, dividend payouts for Dax companies reach a new record this year. According to EY, the 40 Dax companies are paying out 53.8 billion euros to their shareholders.