Top 3 Dividend Stocks On Euronext Amsterdam In September 2024
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As European inflation nears the central bank's target and the pan-European STOXX Europe 600 Index reaches record highs, investors are increasingly looking at dividend stocks on Euronext Amsterdam for stable returns. In this context, a good dividend stock is one that not only offers reliable payouts but also demonstrates resilience amidst fluctuating economic conditions.
Top 5 Dividend Stocks In The Netherlands
| Name | Dividend Yield | Dividend Rating |
| Koninklijke Heijmans (ENXTAM:HEIJM) | 3.67% | ★★★★☆☆ |
| Aalberts (ENXTAM:AALB) | 3.24% | ★★★★☆☆ |
| Randstad (ENXTAM:RAND) | 5.26% | ★★★★☆☆ |
| ABN AMRO Bank (ENXTAM:ABN) | 9.78% | ★★★★☆☆ |
| Signify (ENXTAM:LIGHT) | 7.28% | ★★★★☆☆ |
| ING Groep (ENXTAM:INGA) | 6.81% | ★★★★☆☆ |
| Acomo (ENXTAM:ACOMO) | 6.66% | ★★★★☆☆ |
Let's explore several standout options from the results in the 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 €3.85 billion.
Operations: Aalberts N.V. generates revenue through its Building Technology segment (€1.74 billion) and Industrial Technology segment (€1.49 billion).
Dividend Yield: 3.2%
Aalberts' dividend payments have been volatile over the past decade, despite a reasonable payout ratio of 41% and cash flow coverage at 60.4%. Recent earnings showed a slight decline, with net income at €149.2 million for H1 2024 compared to €160 million the previous year. The company is trading below its fair value estimate and peers, but insider selling has been significant recently. The dividend yield remains lower than top-tier Dutch payers at 3.24%.
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Delve into the full analysis dividend report here for a deeper understanding of Aalberts.
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Our valuation report here indicates Aalberts may be undervalued.
Koninklijke Heijmans
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors both in the Netherlands and internationally with a market cap of €650.53 million.
Operations: Koninklijke Heijmans N.V. generates revenue from Connecting (€871.03 million) and Segment Adjustment (€1.83 billion).
Dividend Yield: 3.7%
Koninklijke Heijmans has seen earnings growth of 65.5% over the past year, with dividends well covered by both earnings (payout ratio: 30%) and cash flows (cash payout ratio: 20.7%). However, its dividend payments have been volatile and unreliable over the past decade. Recent H1 2024 results showed a significant increase in net income to €37 million from €18 million last year, but shareholders experienced dilution during this period.