Vonovia SE

Dividend Aristocrat

Last update: Mar 23, 2026 at 13:52

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

5.69%

Annual Dividend

€1.22

Frequency

Annual

Payout Ratio

37.77%

FCF Payout Ratio

0.00%

Stock Price

€21.44

52-Week Range

€21.30 – €30.54

Dividend Health Score

Caution

Dividend Health Assessment

VNA.DE's dividend shows some areas that warrant monitoring. Strengths include a 37.8% earnings payout ratio and 0.0% fcf payout ratio. Areas of concern: 0.3x interest coverage and Unstable profit margin stability. As a Dividend Aristocrat with 25+ consecutive years of increases, VNA.DE has a proven commitment to shareholders. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 13 of 14 metrics

Payout & Coverage

Safe

Earnings Payout Ratio

37.8%Very Safe

FCF Payout Ratio

0.0%Very Safe

CFO Payout Ratio

N/AN/A

Interest Coverage

0.3xDanger

Balance Sheet

Caution

Net Debt / Total Assets

46.0%Caution

Current Ratio

1.0xCaution

Debt-to-Equity

135.1Safe

Profitability

Safe

Return on Equity

13.7%Safe

Operating Margin

26.6%Very Safe

Gross Margin

59.4%Very Safe

Profit Margin Stability

UnstableDanger

Dividend Track Record

Warning

Dividend Streak

11+ yrsVery Safe

5-Year Dividend CAGR

-0.4%Danger

Earnings Stability

UnstableDanger

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

Next 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%

This company has increased its dividend for 25+ consecutive years.

Income Calculator

VNA.DE Dividend Calculator

Number of Shares

Total Investment

€2,144.00

Annual Income

€122.00

Quarterly Income

€30.50

Monthly Income

€10.17

Frequently Asked Questions

What is VNA.DE's current dividend yield?

Vonovia SE (VNA.DE) currently has a dividend yield of 5.69%, based on a stock price of €21.44 and an annual dividend of €1.22.

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 null. 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?

Yes, Vonovia SE is a 2. Its dividend has grown at a 5-year CAGR of -0.40%, a 3-year CAGR of -9.58%, and a 10-year CAGR of 16.75%.

Is VNA.DE's dividend safe?

Vonovia SE has a payout ratio of 37.77%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.

How is VNA.DE's Dividend Health Score calculated?

The Dividend Health Score evaluates Vonovia SE's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). 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

Track VNA.DE Dividends with OnlyDividends

What will VNA.DE actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

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 Health Score, 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.