Companies listed in the German stock index DAX are distributing more money to their shareholders this year than ever before, despite the ongoing economic crisis. The 40 DAX corporations will pay out a total of €55.3 billion in dividends, according to an analysis published on Sunday by consulting firm EY. This represents an increase of €3.1 billion, or 5.9 percent, compared to the previous year.
According to the analysis, 25 of the 40 DAX companies are paying higher dividends than in 2025, while ten corporations are paying less. Five companies are maintaining the same dividend amount, and only one company is not paying any dividend.
Insurance giant Allianz remains the largest dividend payer, according to EY, with €6.5 billion, matching last year's total and representing an increase of nine percent. Deutsche Telekom ranks second, distributing €4.8 billion to its shareholders, an increase of ten percent. Particularly strong growth is being seen by shareholders of MTU Aero Engines, with a 64 percent increase, Commerzbank with 61 percent growth, and Deutsche Bank with a 44 percent increase.
In contrast, the automotive corporations are distributing considerably less to their shareholders compared to the previous year. Mercedes-Benz is reducing its dividend total by 19 percent, Porsche Automobil Holding by 21 percent, and Porsche AG by 56 percent. According to EY, the dividend information for most companies is still subject to approval at upcoming annual general meetings.
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