Krones AG

Krones, based in Neutraubling, builds the machines and complete lines that fill and package drinks, from bottling plants for water and beer to labelling and inspection systems used by beverage makers worldwide. A large service and spare-parts business smooths the flow of big machinery orders. Krones has paid and steadily raised its dividend for years, backed by reliable cash generation, though the yield is moderate. The appeal is dependable dividend growth from a world-leading engineering specialist with a resilient aftermarket.