Regardless of all the uncertainties: in a year marked by a global pandemic, the worst recession since World War II and turbulent stock markets, DWS Top Dividende is once again increasing the distribution to its investors for the eighth consecutive year.
EUR 3.65 per share
On 20th November 2020 DWS will pay 3.65 euros per share to the investors of DWS Top Dividende LD. This is 5 cents more than in the previous year and a new record. The distribution yield is 3.0 percent, which is significantly higher than the inflation rate of the Eurozone (0.4 percent).
All in all DWS distributes around EUR 520 million to the investors of DWS Top Dividende. Since the launch of the DWS equity flagship fund on 28th April 2003, a total of around EUR 5 billion has been distributed to investors in the global equity fund. "While many companies - primarily in Europe - had to cut or cancel their dividends, we were able to almost completely escape this trend with the DWS Top Dividende. The few cuts in the fund were even more than compensated by the dividend increases", explained Thomas Schuessler, fund manager and Global Co-Head Equities at DWS.
The fund's long-term investment style, which focuses on quality companies, thus proved its worth once again: "We invest primarily in companies that show stable cash flows even during periods of crisis", said Schuessler, who has managed the portfolio since 2005. The fund manager is also optimistic for 2021: "We assume that companies will be able to slightly increase their dividend payments next year. So I remain positive about the dividend payments of DWS Top Dividende."
DWS Top Dividende focuses on shares of companies with an above-average dividend yield, coupled with attractive dividend growth. Investors can therefore benefit not only from possible price increases of the shares in the fund. They also have the chance of a regular income - a feature that investors appreciate in view of the ongoing phase of low interest rates and the associated low, in some cases negative real returns.
About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with EUR 759bn of assets under management (as of 30 September 2020). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,400 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.