In May 2026, dividend stocks will remain a key component for investors seeking regular and reliable income streams. Especially in a challenging market environment, the careful selection of high-quality stocks continues to grow in importance and influences long-term investment success.
As part of our monthly series, we are once again presenting five interesting dividend stocks that will be making distributions to their shareholders in May. We are consciously focusing not on short-term price movements, but on the fundamental strength of the companies, stable cash flows, and their ability to generate attractive dividends in the future.
The most important facts in brief:
- These five dividend stocks offer yields ranging from 3.23% to 6.85%, providing an attractive combination of regular payouts and quality.
- Munich Re stands out with a 5.12% 12-month forward dividend yield, a payout ratio of 50.9% 12-month forward, and expected dividend growth of 20.00% 12-month forward for 2026.
- The dividend stocks presented here span the insurance, banking, IT, consumer goods, and pharmaceutical sectors.
Why are dividend stocks so popular with investors?
Dividend shares are in high demand among investors who value reliability, recurring income, and sustainable growth. They combine the potential for capital gains with a direct stake in the company’s success through regular distributions.
Attractive cash flows and predictable returns
A key advantage of dividend stocks is their high predictability. Many companies consistently distribute a portion of their profits to shareholders—monthly, quarterly, semi-annually, or annually, depending on market practices and company policy.
These payouts often show long-term consistency or even steady growth.
This offers you as an investor clear advantages:
- Regular income: Dividend payments provide a reliable source of cash flow that perfectly complements your retirement savings.
- Independence from market fluctuationsEven with stagnating or falling prices, they generate returns.
- Mental serenityThe regular credits make it easy to calmly ride out market downturns or prolonged sideways movements.
In addition, consistently high-dividend stocks signal financial robustness, resilient strategies, and solid management.
If you need further basics on investing, our Beginner's Guide to Stocks perfectly suited.
These 5 interesting dividend stocks will pay out in May 2026
In the following section, we introduce five compelling dividend stocks that make payouts in May, boasting a solid economic foundation, strong fundamentals, and a proven track record. Dividendenhistorie determine.
Before selecting individual stocks, you should first set up a securities account. Our comprehensive CapTrader guide shows you step-by-step how to set up your own Open an account and of attractive Trading fees benefit.
1. Munich Re: The global reinsurance leader from Germany
Munich Re (ISIN: DE0008430026) is one of the world's leading reinsurers, headquartered in Munich. The company assumes risks from primary insurers and distributes them internationally, thus playing a central role in the global insurance system.
In addition to its traditional reinsurance business, Munich Re is also active in the primary insurance market through its subsidiary ERGO. Furthermore, the company is consistently expanding its position in future-oriented areas such as cyber insurance, climate risks, and data-based risk analysis.
Special features of the business model and moat
Munich Re has a distinct moat, primarily based on capital strength, data expertise, and global diversification. Decades of experience in risk assessment, along with an extensive database, enable precise calculations and sustainable competitive advantages.
- Structural advantagesGlobal diversification across regions and damage types reduces risks and ensures stable revenues.
- High barriers to entry: The market requires substantial capital, specialized expertise, and regulatory experience.
- Data-Driven ExcellenceAdvanced models and historical data improve pricing and risk management.
Compared to competitors like Swiss Re or Hannover Re, Munich Re scores points with conservative underwriting, strong pricing power, and disciplined capital allocation. The combination of reinsurance, ERGO, and specialty segments creates a robust and broadly diversified earnings base.
Dividend profile in detail
The stock currently offers a dividend yield of 5.12% (12-month average: 3.74%) with a moderate payout ratio of around 51% and pays dividends in May. Dividend growth is strong, with a 5-year average of just under 23% and an expected 20% for 2026.
| Key figure | Value¹ |
| Current dividend yield | 5,12 % |
| Ø dividend yield 12 months | 3,74 % |
| Distribution months | May |
| Payout ratio on the profit | 50,9 % |
| 5-Year Growth | 22,97 % |
| Forecast dividend growth in 2026 | 20,00 % |
Future prospects for Munich Re
The Outlooks Munich Re's revenue is expected to remain solid overall despite a slight decline in 2025. After reaching €71,631 in 2025, revenue is projected to rise again to €73,353 in 2026, representing a 2.4% increase year-over-year. A further increase to €76,650 is expected for 2027, accompanied by growth of 4.49% year-over-year.
This trend suggests a renewed upturn following the decline of -1.62% in 2025. Overall, this points to a stable, resilient business model with moderate but reliable growth.
2. Asseco Poland: The Polish software specialist with international reach
Asseco Poland SA (ISIN: PLSOFTB00016) is one of the largest IT companies in Poland, focusing on the development of software for mission-critical business processes. The group supports clients from industries such as banking, insurance, energy, telecommunications, healthcare, and public administration.
With activities in numerous countries, Asseco Poland combines a strong domestic business with an international presence, benefiting from the growing demand for digital solutions and specialized enterprise software.
Special features of the business model and moat
Asseco Poland possesses a solid moat, primarily based on specialization, customer loyalty, and extensive market knowledge. The software solutions are deeply integrated into customer processes, favoring high switching costs and stable recurring revenue.
- Structural advantagesClose integration with customer systems creates long-term contractual relationships and predictable revenue.
- High barriers to entryExpertise, implementation experience, and trust are crucial, particularly in the area of critical enterprise software.
- Broad industry coverageActivity in banking, government, energy, and health reduces dependence on individual markets.
In competition with international software providers, Asseco Poland scores points primarily with its regional expertise, individual adaptability, and a strong position in the Eastern European market. The combination of software development and IT services ensures a robust and versatile business model.
Dividend profile in detail
The dividend yield currently stands at a high 6.85% (12-month average: 2.01%), but the payout ratio, at 147%, is clearly excessive and suggests that the dividend may not be sustainable.
Despite moderate 5-year growth, an extremely high increase is forecast for 2026, suggesting special effects or uncertainty rather than stable continuity.
| Key figure | Value¹ |
| Current dividend yield | 6,85 % |
| Ø dividend yield 12 months | 2,01 % |
| Distribution months | May |
| Payout ratio on the profit | 147,4 % |
| 5-Year Growth | 6,09 % |
| Forecast dividend growth in 2026 | 231,22 % |
Future prospects for Asseco Poland
The Prospects The outlook for Asseco Poland remains positive, even though revenue is initially expected to decline to PLN 16,780 in 2025, representing a decrease of -2.06%. However, a significant jump to PLN 20,406 is expected for 2026, representing growth of 21.61%. In 2027, revenue is projected to rise further to PLN 20,660, which corresponds to an increase of 1.24% compared to the previous year.
This development indicates a clear growth phase, after 2025 was still characterized by slight weakness. Overall, this speaks for a robust business model with solid expansion potential and a continued attractive position in the IT market.
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3. Coca-Cola FEMSA: The leading bottler in Latin America
Coca-Cola FEMSA S.A.B. de C.V. (ISIN: US1912411089) is the world’s largest independent Coca-Cola bottler and is headquartered in Mexico. The Consumer goods stock produces, distributes, and sells a wide range of beverages in Latin America, serving millions of consumers in countries such as Mexico, Brazil, Colombia, and Argentina.
With its strong regional presence and close partnership with The Coca-Cola Company, the group combines local market knowledge with a globally recognized brand.
Special features of the business model and moat
Coca-Cola FEMSA has a strong competitive moat, based primarily on its exclusive bottling and distribution structure, strong brand loyalty, and extensive regional reach. Its close partnership with Coca-Cola gives the company access to one of the world’s best-known brand portfolios.
- Structural advantagesThe leading market position in several countries ensures high sales volumes and predictable cash flows.
- High barriers to entryBuilding a comparable sales network requires enormous investment, logistical expertise, and market access.
- Brand strength: The combination of a global brand and local sales expertise strengthens customer loyalty and pricing power.
In competition with other beverage companies, Coca-Cola FEMSA excels through its size, efficiency, and broad geographic reach. The integration of production, distribution, and operational proximity to consumer markets creates a resilient and scalable business model.
Dividend profile in detail
The dividend yield remains stable at around 3.9% and is thus in line with the 12-month average, with a solid payout ratio of just under 70% and quarterly payments. The projected dividend growth is solid at more than 9%.
| Key figure | Value¹ |
| Current dividend yield | 3,89 % |
| Ø dividend yield 12 months | 3,92 % |
| Distribution months | May, July, October, December |
| Payout ratio on the profit | 69,5 % |
| 5-Year Growth | 12,6 % |
| Forecast dividend growth in 2026 | 9,21 % |
Outlook for Coca-Cola Femsa
The Prospects The outlook for Coca-Cola FEMSA remains positive, even though revenue is initially projected to rise to $16,961 million in 2025, representing a strong increase of 23.65% year-over-year compared to 2024.
Revenue is expected to rise further to $17,655 million in 2026, representing a year-over-year growth rate of 4.09%. In 2027, revenue is projected to increase to $18,894 million, accompanied by a year-over-year growth rate of 7.02%.
This development speaks to a persistently robust business with solid demand, a strong market position, and good economies of scale. Overall, the forecast underscores the company's defensive quality and its long-term potential in core Latin American markets.
4. DBS Group Holdings: Singapore's Leading Banking Group
DBS Group Holdings Ltd. (ISIN: SG1L01001701) is one of the largest and most prestigious Bank stocks Asia, headquartered in Singapore. The group offers a wide range of financial services for private clients, businesses, and institutional investors and is present in numerous markets in the region.
With its strong position in its home market of Singapore and its international focus, DBS combines a solid core business with growth opportunities in the Asian financial sector.
Special features of the business model and moat
DBS has a strong competitive advantage, which is primarily based on its market-leading position, high customer loyalty, and robust digital infrastructure.
As one of Asia's most technologically advanced banks, DBS benefits from efficient processes, a strong brand perception, and recurring income from its lending and deposit businesses.
- Structural advantages: The dominant market position in Singapore ensures stable revenue and a high degree of predictability.
- High barriers to entryThe banking business requires enormous regulatory expertise, capital strength, and customer trust.
- Digital Excellence: DBS is considered a pioneer in digital banking solutions, which enhances efficiency and customer loyalty.
In competition with regional and international banks, DBS scores points through profitability, cost control, and a consistent digital strategy. The combination of retail, corporate, and wealth management businesses creates a resilient and broadly diversified business model.
Dividend profile in detail
The dividend yield remains stable at around 5.3% and is thus close to the 12-month average, with an increased but still reasonable payout ratio of just under 80% and quarterly payments. Growth is historically very strong at around 29% % and remains at an attractive level, with a forecast of just under 16% %.
| Key figure | Value¹ |
| Current dividend yield | 5,28 % |
| Ø dividend yield 12 months | 5,13 % |
| Distribution months | April, May, August, November |
| Payout ratio on the profit | 79,9 % |
| 5-Year Growth | 29,45 % |
| Forecast dividend growth in 2026 | 15,79 % |
Future outlook for DBS Group Holdings
The outlook for DBS Group Holdings remains solid, with revenue expected to rise to SGD 22.9 billion in 2025, representing a 2.7% year-on-year increase compared to 2024.
Revenue is expected to rise further to SGD 23,486 million in 2026, representing year-over-year growth of 2.56%. In 2027, revenue is projected to increase to SGD 24,652 million, accompanied by year-over-year growth of 4.96%.
This development points to a continued stable banking business with robust earning power and moderate growth. Overall, the forecast underscores DBS's strong market position in the Asian financial sector, as well as the potential for reliable earnings and long-term value creation.
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5. AbbVie: The US pharmaceutical company with a strong patent portfolio
AbbVie Inc. (ISIN: US00287Y1091) is a well-known Blue-chip stock and a leading US biopharmaceutical company headquartered in North Chicago, Illinois. The corporation develops and markets drugs in areas such as immunology, oncology, neuroscience, and aesthetics, and is considered one of the significant players in the global healthcare sector.
With its research expertise, broad product portfolio, and high innovation capacity, AbbVie combines defensive characteristics with long-term growth prospects.
Special features of the business model and moat
AbbVie possesses a strong moat, primarily stemming from its research prowess, its strong market position in specialty drugs, and its ability to successfully bring new drug candidates to market.
As a biopharmaceutical company, the business benefits from high entry barriers, long development cycles, and extensive regulatory requirements.
- Structural advantagesFocusing on specialized therapy areas creates high pricing power and stable returns.
- High barriers to entryDrug development requires enormous capital investment, scientific expertise, and lengthy approval processes.
- Pipeline and Patent Strength: A broad product pipeline and a strong patent portfolio support the company's competitive position.
In competition with large pharmaceutical companies, AbbVie scores points through strong branded products, a targeted portfolio alignment, and a clear focus on high-margin specialty therapies.
The combination of established blockbusters and high-growth new products makes the business model both resilient and forward-looking.
Dividend profile in detail
The dividend yield stands at around 3.2% and is thus slightly above the 12-month average, with a solid payout ratio of approximately 66% and quarterly payments. Growth, at around 6% historically and a solid 4% forecast, is rather moderate but stable and sustainable.
| Key figure | Value¹ |
| Current dividend yield | 3,23 % |
| Ø dividend yield 12 months | 3,09 % |
| Distribution months | February, May, August, November |
| Payout ratio on the profit | 66,10 % |
| 5-Year Growth | 6,29 % |
| Forecast dividend growth in 2026 | 4,27 % |
Outlook for AbbVie
The Prospects The outlook for AbbVie remains positive, as revenue is expected to rise to $61,160 million in 2025, representing 8.57% year-over-year growth. A further increase to $67,222 million is anticipated for 2026, corresponding to 9.91% year-over-year growth.
By 2027, revenue could ultimately reach $72,617 million, accompanied by growth of 8.031%.
This development speaks to continued strong demand for the group's products and successful further development of the business model. Overall, the forecast underscores AbbVie's position as a company with strong cash flow and attractive long-term growth prospects.
The compound interest effect: Your best friend when investing
The power of compound interest is one of the most effective mechanisms in investing. It ensures that your invested capital grows at an ever-increasing rate over time, without any extra effort on your part.
By consistently reinvesting earned returns, a dynamic cycle is created: profits generate new profits. Over the years, your assets grow continuously as a result, and increasingly gain momentum.
Why the Compound Interest Effect is so Powerful:
- Exponential growth: Since interest is also earned on the returns you’ve already earned, your capital doesn’t grow linearly, but at a faster rate. Over the long term, this effect leads to a significant increase in your wealth.
- Time as a decisive factorThe longer your capital remains invested, the more compound interest takes effect. Those who start early and remain patient benefit the most.
- Continuous InvestingRegular deposits, even small ones, add up to a considerable fortune over the years. It is crucial to stay consistent and not withdraw earnings, but rather reinvest them.
- Returns as a growth driver: Even slightly higher returns—such as those resulting from dividend increases—can make a huge difference over the long term. Just a few extra percentage points can lead to significantly higher final amounts in the long run.
Specifically leverage the power of compound interest to sustainably grow your capital. With discipline, a clear strategy, and perseverance, you lay the foundation for a stable financial future.
Dividends as an expression of corporate quality
Regular and reliable dividend payments are considered a clear signal of a company's economic stability, financial strength, and management quality.
Dividend stocks that generate consistent profits over long periods and partially distribute them to their shareholders typically have robust business models and prudent management.
Often, such companies pursue a balanced financial policy: they balance investments, debt reduction, and distributions in such a way that further growth remains possible without jeopardizing financial stability.
Typical characteristics of solid dividend payers:
- Consistent profit growth with reliable and predictable cash flows.
- A moderate payout ratio in the range of approximately 30% to 60%, ensuring that sufficient capital remains within the company for innovation and expansion.
- Clear alignment with shareholder interests, characterized by trust, continuity, and long-term thinking.
- Established market position in resilient industries such as consumer goods, telecommunications, energy, or healthcare.
For you as an investor, this means: a long-term stable or growing dividend is often an indicator of financial robustness, solid corporate governance, and a certain resilience to crises. Accordingly, such stocks are particularly well-suited as a stable foundation for your portfolio, especially if you prioritize predictable returns and consistency.
The Development of Yield on Cost Over Time
Suppose you make a one-time investment of €1,000 in a stock with an initial dividend yield of 3.1%.
The company is known for its stable dividend policy and increases its payout by an average of 7 % annually.
Even without further deposits, your individual return will continuously increase over time.
| Holding period | Annual dividend | Personal return (yield on cost) |
| Year 1 | 30,00 € | 3,00 % |
| Year 5 | 39,32 € | 3,93 % |
| Year 10 | 55,15 € | 5,52 % |
| Year 15 | 77,35 € | 7,74 % |
| Year 20 | 108,49 € | 10,85 % |
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Conclusion: Top 5 Dividend Stocks in May 2026
The five dividend stocks show that attractive payouts are not automatically equal to high risks, but often stem from diverse business models with clear strengths.
Munich Re, DBS Group Holdings, and Coca-Cola FEMSA are particularly convincing because they offer a balanced mix of earnings power, a solid dividend policy, and long-term stability.
Munich Re scores with a strong moat, high capital strength, and a moderate payout ratio, DBS with digital strength, profitability, and strong dividend growth, while Coca-Cola FEMSA benefits from its strong market position, broad distribution, and reliable demand for beverages.
While Asseco Poland offers the highest dividend yield, it stands out for its very high payout ratio, which could call into question the sustainability of the dividend. AbbVie rounds out the selection as a defensive healthcare stock with a robust pipeline, a solid cash flow base, and sustainable growth in the pharmaceutical and biotech sectors.
Overall, this creates a broadly diversified dividend portfolio consisting of financial companies, insurance, IT, consumer goods, and pharmaceuticals, covering different industries and income sources, which could be interesting for long-term oriented dividend investors.
List of sources:
Source: Aktienfinder of 05/11/2026
