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Vonovia SE (VNA.DE) logo

Vonovia SE

EURO STOXX 600

VNA.DE/Real Estate · Real Estate Services/XETR

Dividend Yield

6.14%

€1.25 · Annual Dividend

Stock Price€21.41P/E4.4MCap17.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

57/ 100Caution

VNA.DE's dividend shows some areas that warrant monitoring. Strengths include a 26.2% earnings payout ratio & 0.0% fcf payout ratio. Areas of concern: 0.3x interest coverage & 0.9x current ratio. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 26.2%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 0.0%Free cash flow comfortably covers the dividend.
  • Operating Margin: 43.3%Healthy operating margin provides a wide buffer.

Risks

  • Interest Coverage: 0.3xInterest coverage is thin relative to debt servicing.
  • Profit Margin Stability: UnstableProfit margins have been volatile.
  • 5-Year Dividend CAGR: -0.4%Dividend growth has been weak or negative.

Payout & Coverage

Safe

Balance Sheet

Caution

Profitability

Safe
43.3%Very Safe
49.9%Safe

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
UnstableDanger

About Vonovia SE

Vonovia SE is Europe's leading private residential real estate company, headquartered in Bochum, Germany. It manages over 550,000 residential units across Germany, Sweden, and Austria, providing homes to more than one million people while focusing on modern, energy-efficient housing and high-quality living services. The company operates through key segments including Rental, Value-Add, Recurring Sales, and Development, offering comprehensive property management, modernization, maintenance, and innovative services like the My Vonovia app for tenant requests. Vonovia emphasizes sustainability, targeting climate-neutral housing stock by 2045 through investments in serial modernization, modular construction, and renewable energy initiatives such as solar panels on roofs. As a DAX constituent since 2015 with around 12,500 employees, it plays a pivotal role in addressing housing market challenges, fostering livable neighborhoods, and supporting social projects in collaboration with local authorities. Vonovia's growth strategy prioritizes value creation, technological innovation, and responsible governance in the European real estate sector.

Dividend Overview

Dividend Yield

6.14%

Annual Dividend

€1.25

Frequency

Annual

Payout Ratio

26.24%

FCF Payout Ratio

0.00%

52-Week Range

€19.53 - €30.35

Dividend History (2016–2025)

VNA.DE annual dividend per share and yield history

Earnings & Profitability

VNA.DE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 22, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-9.58%

5-Year Dividend CAGR

-0.40%

10-Year Dividend CAGR

16.75%

3-Year Total Growth

-26.07%

5-Year Total Growth

-1.99%

10-Year Total Growth

370.68%

Income Calculator

VNA.DE Dividend Calculator

Total Investment

€2,141.00

Annual Income

€125.00

Quarterly Income

€31.25

Monthly Income

€10.42

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Frequently Asked Questions

What is VNA.DE's current dividend yield?
Vonovia SE (VNA.DE) currently has a dividend yield of 6.14%, based on a stock price of €21.41 and an annual dividend of €1.25.
When is VNA.DE's next dividend payment date?
VNA.DE's next ex-dividend date is 2026-05-22 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does VNA.DE pay in dividends per year?
Vonovia SE paid €1.22 per share in annual dividends in 2025. The dividends are paid annual.
Has VNA.DE been increasing its dividend?
Vonovia SE has grown its dividend at a 5-year CAGR of -0.40% and a 10-year CAGR of 16.75%.
Is VNA.DE's dividend safe?
Vonovia SE has a payout ratio of 26.24%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.
How is VNA.DE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Vonovia SE's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.