Euronext Amsterdam Top Dividend Stocks July 2024

In This Article:

Amidst a backdrop of fluctuating global markets and heightened trade tensions, the Euronext Amsterdam continues to present opportunities for investors seeking stable returns through dividend stocks. Given the current market dynamics, focusing on companies with strong dividend histories could be a prudent strategy for those looking to navigate these uncertain times.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Acomo (ENXTAM:ACOMO)

6.56%

★★★★★☆

ABN AMRO Bank (ENXTAM:ABN)

9.29%

★★★★☆☆

Signify (ENXTAM:LIGHT)

6.60%

★★★★☆☆

Van Lanschot Kempen (ENXTAM:VLK)

9.95%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.10%

★★★★☆☆

Koninklijke KPN (ENXTAM:KPN)

3.99%

★★★★☆☆

Koninklijke Heijmans (ENXTAM:HEIJM)

3.71%

★★★★☆☆

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

Let's explore several standout options from the results in the screener.

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 globally, with a market capitalization of approximately €13.54 billion.

Operations: ABN AMRO Bank N.V. generates revenue through its Corporate Banking (€3.50 billion), Wealth Management (€1.59 billion), and Personal & Business Banking (€4.07 billion) segments.

Dividend Yield: 9.3%

ABN AMRO Bank, with a dividend yield of 9.29%, ranks in the top 25% for dividend payers in the Dutch market but has shown volatility in its dividend payments over the past eight years. Despite this, dividends are currently well-covered by earnings with a payout ratio of 47.9%. Recent strategic expansions into Germany's wealth management sector through acquisitions could influence future financial stability and asset management growth, although earnings are forecasted to decline annually by 11.3% over the next three years.

ENXTAM:ABN Dividend History as at Jul 2024
ENXTAM:ABN Dividend History as at Jul 2024

Koninklijke KPN

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

Overview: Koninklijke KPN N.V. operates as a telecommunications and information technology services provider in the Netherlands, with a market capitalization of approximately €14.77 billion.

Operations: Koninklijke KPN N.V. generates revenue primarily through three segments: Consumer (€2.93 billion), Business (€1.84 billion), and Wholesale (€0.70 billion).

Dividend Yield: 4%

Koninklijke KPN has recently enhanced its strategic position by securing a significant spectrum for 5G expansion at €58.4 million and forming a tower company with Dutch pension fund ABP, reflecting its commitment to bolstering digital infrastructure in the Netherlands. Despite these advancements, KPN's dividend yield of 3.99% remains modest compared to top Dutch dividend stocks. The dividends are supported by earnings and cash flows, with payout ratios of 78.4% and 59.6%, respectively, indicating sustainability despite past volatility in dividend payments. Recent share buybacks totaling €200 million demonstrate ongoing shareholder value focus; however, high debt levels persist as a financial caution.