Overview
- EY said Sunday the 40 DAX firms plan €55.3 billion in dividends for this year, up 5.9% on 2025, with most payouts still awaiting spring shareholder approval.
- Across the index, 25 companies raised their dividends, ten cut them, five left them unchanged, and one will pay nothing.
- Allianz leads total payouts at €6.5 billion, followed by Deutsche Telekom at €4.8 billion and Siemens at about €4.2 billion.
- Automakers pared distributions as profits and cash needs tightened, with Mercedes‑Benz down 19%, Porsche Automobil Holding down 21% and Porsche AG down 56%.
- EY cautioned that the aggregate peak is unlikely to repeat next year, so investors should prepare for a lower overall sum.