5 Best German Dividend Stocks to Buy

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In this article, we will take a look at the 5 best German dividend stocks to buy. If you want to see more stocks in this selection, go to the 10 Best German Dividend Stocks to Buy.

5. Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY)

Forward Dividend Yield: 6.69%

Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) is a Munich, Germany-based manufacturer of luxury and high-performance automobiles and motorcycles. More popularly known as BMW, the company has a headcount of 118,909 employees with 31 production locations in 15 countries.

Out of the 2.52 million automobiles delivered in 2021, the company manufactured 328,314 electric vehicles (EVs). On November 7, Adrian Yanoshik at Berenberg gave Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) stock a target price of EUR 95 ($99.75). Three shares of BMW listed on the OTC market are equivalent to one share listed on the German stock exchange. This means that the target price provided by Mr. Adrian Yanoshik reflects a potential upside of 12.1% from the closing price as of December 8.

Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) has maintained a strategy of operating as a premium brand that has a solid track record of delivering high-quality automobiles and motorcycles. The company carries a diverse portfolio of intellectual property (IP) and other intangible assets related to the automobile industry with a clear product portfolio, making it one of the best German dividend stocks.

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