These investment specialists pay high dividends: RE Royalties, Mutares, DWS – Growth and dividends are not mutually exclusive!

RE Royalties – Cleantech financing pioneer with a dividend yield of 13%!

According to the Global Landscape of Energy Transition Finance 2025 Report by the International Renewable Energy Agency (IRENA) and the Climate Policy Initiative (CPI), investments in renewable energy recently reached a record level of USD 807 billion. Of this, around 85% was accounted for by solar and wind energy combined.

While these enormous investments are made almost exclusively through traditional debt and equity instruments or hybrid forms, RE Royalties is breaking new ground. The Canadian company is the first to establish the royalty financing model, already well-established in many industries such as pharmaceuticals, biotech, technology, and commodities, in the renewable energy sector.

The Canadians grant loans and use them to acquire revenue-based royalties in the form of a share of sales from private and publicly traded companies in the renewable energy sector. The company currently owns over 120 licensing models for projects in the solar, wind, water, battery storage, energy efficiency, and renewable natural gas sectors in North America, South America, and Asia.

Shareholders thus invest in a highly diversified portfolio and benefit from attractive distributions. In recent years, the company has paid a total of CAD 0.04 per share as a dividend, with quarterly payments. The Canadians recently announced that they would switch to an annual distribution to ensure greater flexibility.

At a current price of around CAD 0.30, the stock offers an attractive dividend yield of approximately 13% per annum. The company's market capitalization remains modest at CAD 13 million. Demand for RE Royalties' financing is high, as evidenced by expressions of interest totaling CAD 50 million, according to the company. Recently, the Canadians increased their investments in the solar sector. In addition, a green bond was fully repaid, which is indicative of solid balance sheet development and disciplined financial management.

Mutares – 10% dividend yield in the medium term?

Mutares is an investment specialist and has been growing strongly for years. Shareholders also benefit from this with high dividends. The Munich-based company specializes in carve-outs and turnaround situations. This means that the company buys companies or parts of companies from corporations that no longer fit their core business, restructures them operationally, and later sells them at a profit. Typically, an exit occurs after 3 to 7 years - either through a strategic sale, a financial investor, or an IPO. The Steyr Motor example clearly illustrates the appeal and strong returns inherent in Mutares' business model.

Most recently, Warburg analysts confirmed their "Buy" rating for the stock and raised the price target to EUR 46. The bankers rated the largest acquisition in the company's history, announced in January, as positive. Mutares intends to acquire the Engineering Thermoplastics (ETP) division in America and Europe from the Saudi Arabian chemical and metal group Sabic. In addition, according to experts, the latest exits would lead to cash flows and profits in the high double-digit million range in the current year.

Analysts expect an average dividend payout of just over EUR 2 this year, which corresponds to a dividend yield of over 6%. According to expert forecasts, payouts will rise to EUR 2.50 per share in the coming years. Analysts at Warburg even see EUR 3 on the horizon.

Medium-term investors can therefore add a potential 10% gain to their portfolios at current prices. The business strategy and the company valuation of around EUR 700 million leave room for upward movement. The company is expected to publish its figures for the past financial year in mid-April, when it is also likely to announce something about the dividend.

DWS – EUR 3 dividend, with an additional special dividend expected in 2027

Growth or dividends? The shares of the major German asset manager combine both. A few days ago, the company announced that it had exceeded its own medium-term targets and raised its outlook through 2028. Assets under management have risen significantly in recent years, totaling EUR 1,085 billion at the end of 2025. Earnings per share (EPS) increased to EUR 4.64. Analysts expect EPS of EUR 5.07 for the current year. At 12, the P/E ratio for the current fiscal year can be considered moderate. At a share price of around EUR 62, the company is valued at EUR 12.4 billion. Analysts currently consider the stock to be fairly valued.

Due to the highly positive business development, the company also announced its intention to increase the dividend to EUR 3.00. Market estimates were recently at EUR 2.88. Experts expect a distribution of EUR 3.31 per share next year. This means that shareholders can expect an attractive return of around 5%. Also noteworthy is the company's recent announcement that it intends to propose distributing part of its current surplus capital of EUR 1 billion as a special dividend in 2027.

RE Royalties pioneered the royalty financing model in the renewable energy sector. The stock gives investors access to a broadly diversified portfolio of over 120 projects across countries and energy types. Shareholders participate in the company's success via dividends, with the current yield standing at an attractive 13%. Mutares and DWS show that investors benefit twice from successful investment companies: from rising share prices and dividends.