Deutsche Bank Aktiengesellschaft
DBFinancial Services · Stock · annual payer
Forward Yield
3.24%
Annual Dividend
$1.16
Payout Ratio
30%
5-Yr Growth
—
Ex-Date
May 29, 2026
Frequency
Annual
Summary
As of September 2026, Deutsche Bank Aktiengesellschaft (DB) yields 3.24% ($1.16 per share annually), with a blended fair-value estimate of $26.08 — -31% downside, so it screens as overvalued. Dividend safety grade: C (61/100). 4 years of dividend growth.
Is DB a good dividend stock?
Yes, with caveatsDeutsche Bank Aktiengesellschaft (DB) pays a annual dividend yielding 3.24% ($1.16/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (30%)
- 196% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 3.24%
- Payout Ratio
- 30%
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 4
- Frequency
- annual
- Beta
- 1.00
- Market Cap
- $66.3B
- P/E Ratio
- 9.5
- 5-Yr Total Return
- 196%
- 52-Week Range
- $28.12 – $41.62
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
DB Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+245%
5 Years
+196%
52-Week Range
$28.12 – $41.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DB worth?
Overvaluedlow confidenceOur blended fair-value estimate for Deutsche Bank Aktiengesellschaft is $26.08 per share, versus a market price of $37.98. That implies 31% of downside.
Fair Value
$26.08
Current Price
$37.98
Downside
-31%
Margin of Safety
-46%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 16.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 16.3% stage-1 growth, 2.5% terminal growth, $3.77 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DB Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $1.1650 | regular |
| May 23, 2025 | — | $0.7670 | regular |
| May 17, 2024 | — | $0.4890 | regular |
| May 18, 2023 | — | $0.3250 | regular |
| May 20, 2022 | — | $0.2120 | regular |
| May 24, 2019 | — | $0.1230 | regular |
| May 25, 2018 | — | $0.1290 | regular |
| May 19, 2017 | — | $0.2110 | regular |
| May 22, 2015 | — | $0.7438 | regular |
| May 23, 2014 | — | $0.8724 | regular |
| May 24, 2013 | — | $0.8264 | regular |
| Jun 1, 2012 | — | $0.8256 | regular |
| May 27, 2011 | — | $0.9090 | regular |
| May 28, 2010 | — | $0.5835 | regular |
Income Calculator
At $1.16 / yr per share
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