Dividend stocks right now. Continuity beats yield.
This list isn't built from an opinion but from a fully disclosed dividend rule profile built around four factors, continuity, payout ratio, yield and growth, that runs daily across the entire analysis universe, from the DAX and S&P 500 to Global (Total World). It's scored on an earnings basis, checking whether a payout actually holds up, not just how high it is.
16,265 stocks · 90+ metrics · 8 disclosed rules · Data from leeway.tech · updated daily
Current example matches
As of 09/30/2026
Illustrative selection based on a rule-based dividend-quality profile, calculated daily. Not a buy recommendation, just a starting point for your own research.
609 stocks currently meet the upper threshold; these are the top 10.
Register for free and keep going: the matches shown here stay unlocked in your account (detail pages, watchlist, price alerts), plus your own thresholds in the rule editor and the screener across the starter universe (DAX, S&P 500, Euro STOXX 50).
At least ten years without a cut earns the top tier (+2), five to nine years the middle one (+1). If the dividend was cut most recently, the profile deducts two points and the streak breaks.
Payout ratio on an earnings basis
A ratio between 25 and 75% of earnings counts as well covered (+1). Between 75 and 90% the buffer gets thin (-1), which the profile already treats as a warning sign.
Substance payouts: the dividend trap
If a company pays out 90% or more of its earnings, or pays a dividend with no earnings basis at all, for instance in a loss-making year, the profile deducts two points. These are exactly the cases where a high yield looks attractive only on the surface.
Baseline yield and growth
A dividend yield above 1% earns one point, as does raising the payout at least three times within ten years, including the most recent one. Together they show whether a payout not only exists but keeps growing.
Base: the daily analysis universe of 16,265 stocks, evaluated against the rules below.
Calculated here on an earnings basis, not on free cash flow.
Rules of thumb, not fixed cutoffs. Sensible thresholds vary by industry, and are freely adjustable in the rule editor.
Dividend Stocks Right Now by region
German dividend stocks
The DAX, MDAX, SDAX and TecDAX together. The German market is overrepresented in insurers, utilities and industrials, sectors with traditionally high payouts.
Dividend stocks in Europe
European names tend to pay out a higher share of their profit than US stocks on average. Looking beyond Germany widens the field considerably, including UK and Swiss names.
Dividend stocks worldwide
The full analysis universe, from the S&P 500 to Global (Total World). This is where payers show up that never appear on purely European lists.
High-dividend stocks
Additionally narrowed down to names whose dividend yield is at least at the market average. The profile's continuity and payout-ratio rules still apply, so this isn't a pure yield ranking.
From this list to your own: in three steps.
01
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02
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03
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Excerpt from the rule profile
These exact rules run over every stock daily.
4 of 8 rules
Dividend Streakisat least10+2 pts
Group:AND
+1 pts
Dividend Streakisat least5
Dividend Streakisless than10
All of these conditions must be met
Group:AND
+1 pts
Payout Ratioisat least25
Payout Ratioisless than75
All of these conditions must be met
Group:AND
−1 pts
Payout Ratioisat least75
Payout Ratioisless than90
All of these conditions must be met
Group:OR
−2 pts
Payout Ratioisat least90
At least one of these conditions must be met
Dividend Yieldisgreater than1+1 pts
+ 4 more rules in the profile
After a free sign-up: the full profile in the rule editor to copy, adjust thresholds and save as your own starting profile.
No. An unusually high yield often results from a sharp price drop, frequently a warning sign of fundamental trouble (a dividend trap) rather than an opportunity. The profile also requires a healthy payout ratio and an unbroken streak.
How do I recognize a sustainable dividend?
By the interplay of four factors: an unbroken streak without a cut over several years, a payout ratio between 25 and 75% of earnings, a yield above 1%, and regular raises. Only when all four line up does a stock reach the upper score threshold.
What is a substance payout?
When a company pays out 90% or more of its earnings as a dividend, or pays a dividend with no earnings basis at all, for instance in a loss-making year, it is drawing on substance rather than current profit. The profile deducts two points in that case, specifically to make such dividend traps visible.
Why is the payout ratio calculated on an earnings basis instead of free cash flow?
The methodology follows the four-factor approach popularized by Christian W. Röhl, calculated on earnings. Röhl's multi-year smoothing can't be reproduced with live daily data, so the profile works on an annual earnings basis instead.
What are dividend stocks anyway?
Stocks of companies that regularly pay out part of their profit to shareholders instead of keeping all of it in the business. The payout relative to the price is called the dividend yield.
How often is the list updated?
Daily. The rule profile runs every day across the entire analysis universe, then the match list is recalculated. The data date is always shown above the list.
Where does the data come from?
Fundamental and price data come from leeway.tech and are updated continuously. Every rule, threshold and point allocation is disclosed and traceable in the rule editor, there's no hidden score.
Are there German dividend stocks with a high yield?
Yes, the rule profile regularly finds German matches, often in insurance, utilities and industrials. The list above can be narrowed down either to Germany or to names with an above-average dividend yield.
What's the difference between dividend yield and dividend growth?
Yield measures today's payout relative to the price, growth counts actual raises: the profile requires at least three increases within ten years, including the most recent one. A stock with a moderate but steadily rising dividend can satisfy this factor, one with a high but stagnant payout cannot.
What does it cost to use?
There is a free tier that requires no payment details, letting you take this rule profile as a starting point, adjust it and check it against your own portfolio. Premium mainly widens the stock universe and the quotas.
The content on this page is for general informational purposes only. It does not constitute individual investment advice, a recommendation to buy or sell securities, or a public offer. Past performance is not a reliable indicator of future results. All information without guarantee.