Euronext Amsterdam's Top 3 Dividend Stocks To Consider

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Amidst a backdrop of cautious optimism in European markets, the Netherlands has seen its stock market indices rise, reflecting investor hopes for potential interest rate cuts by the European Central Bank. As investors seek stability and income in these uncertain times, dividend stocks on Euronext Amsterdam offer appealing opportunities with their potential for steady payouts.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.31%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.19%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.54%

★★★★☆☆

Signify (ENXTAM:LIGHT)

6.92%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.25%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.93%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.57%

★★★★☆☆

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.

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 €13.19 billion.

Operations: ABN AMRO Bank N.V.'s revenue is primarily derived from its Personal & Business Banking segment (€4.02 billion), Corporate Banking (€3.46 billion), and Wealth Management (€1.55 billion).

Dividend Yield: 9.5%

ABN AMRO Bank's dividend yield is among the highest in the Dutch market, yet its track record of less than 10 years shows volatility, with significant annual drops. Despite a reasonable payout ratio of 50.5%, earnings forecasts indicate potential declines, raising concerns about future coverage and stability. Recent interim dividends amounted to €500 million (EUR), but given the bank's unstable dividend history and expected earnings decline, caution may be warranted for long-term investors seeking reliability.

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

Koninklijke Heijmans

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

Overview: Koninklijke Heijmans N.V. operates in the property development, construction, and infrastructure sectors both in the Netherlands and internationally, with a market cap of €720.27 million.

Operations: Koninklijke Heijmans N.V.'s revenue segments include Connecting at €871.03 million and Segment Adjustment at €1.83 billion.

Dividend Yield: 3.3%

Koninklijke Heijmans' dividend payments have been volatile and unreliable over the past decade, despite a low payout ratio of 30% and a cash payout ratio of 20.7%, indicating strong coverage by earnings and cash flows. While the dividend yield is modest at 3.31%, recent financial performance shows improvement, with H1 2024 sales reaching €1.22 billion (EUR) and net income doubling to €37 million compared to last year, suggesting potential for future growth stability.