The Dutch stock market has shown resilience amid global economic fluctuations, with the pan-European STOXX Europe 600 Index ending 2.46% higher recently as hopes grew for another round of interest rate cuts. In this context, dividend stocks on Euronext Amsterdam are particularly attractive for investors seeking steady income streams. A good dividend stock in such an environment typically offers a reliable payout ratio and a strong balance sheet, ensuring that dividends remain consistent even during economic uncertainties.

Top 5 Dividend Stocks In The Netherlands

Click here to see the full list of 7 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Aalberts

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Aalberts N.V. provides mission-critical technologies for the aerospace, automotive, building, and maritime sectors with a market cap of €3.81 billion.

Operations: Aalberts N.V. generates revenue of €1.74 billion from Building Technology and €1.49 billion from Industrial Technology segments.

Dividend Yield: 3.3%

Aalberts N.V. reported a slight decline in earnings for H1 2024, with net income at €149.2 million compared to €160 million a year ago. Despite this, the company continues to expand its business, inaugurating a new production site in Almere focused on eco-friendly building technologies. Aalberts offers dividends covered by both earnings (41% payout ratio) and cash flows (60.4% cash payout ratio), although its dividend history has been volatile and yields below top-tier levels in the Dutch market.

• Unlock comprehensive insights into our analysis of Aalberts stock in this dividend report.

• Our expertly prepared valuation report Aalberts implies its share price may be lower than expected.

ABN AMRO Bank

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: ABN AMRO Bank N.V. offers a range of banking products and financial services to retail, private, and business clients both in the Netherlands and internationally, with a market cap of €12.74 billion.

Operations: ABN AMRO Bank N.V.'s revenue segments include €3.46 billion from Corporate Banking, €1.55 billion from Wealth Management, and €4.02 billion from Personal & Business Banking.

Dividend Yield: 9.9%

ABN AMRO Bank's recent earnings report showed a slight dip in net income to €1.32 billion for H1 2024, with net interest income also slightly down. The interim dividend was set at €0.60 per share, totaling €500 million, reflecting a payout ratio of 50.5%, which is sustainable but has been volatile over the past nine years. The bank is trading well below its estimated fair value and remains focused on risk management improvements with new CRO Serena Fioravanti's appointment pending ECB approval.

• Navigate through the intricacies of ABN AMRO Bank with our comprehensive dividend report here.

• In light of our recent valuation report, it seems possible that ABN AMRO Bank is trading behind its estimated value.

Randstad

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Randstad N.V. offers work and human resources (HR) services solutions and has a market cap of €7.56 billion.

Operations: Randstad N.V.'s revenue segments in millions of € are: Staffing €16,620.00, Inhouse Services €5,340.00, and Professionals €4,440.00.

Dividend Yield: 5.3%

Randstad's dividend payments are covered by earnings (81.3% payout ratio) and cash flows (51.5% cash payout ratio). However, the dividends have been volatile over the past decade, despite recent increases. The company trades at a good value compared to peers and is 58.1% below its estimated fair value. Recent buybacks totaling €399.95 million may support share price stability, but declining Q2 2024 earnings (€78 million) raise concerns about future profitability and dividend reliability.

• Delve into the full analysis dividend report here for a deeper understanding of Randstad.

• Upon reviewing our latest valuation report, Randstad's share price might be too pessimistic.

Make It Happen

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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ENXTAM:AALB ENXTAM:ABN and ENXTAM:RAND.

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