Top 3 Dividend Stocks On Euronext Amsterdam

In this article:

As European markets show resilience with the pan-European STOXX Europe 600 Index rising on hopes of quicker ECB rate cuts, investors are increasingly eyeing stable dividend stocks for consistent returns amidst economic uncertainties. In this environment, a good dividend stock is characterized by its ability to maintain steady payouts and demonstrate financial robustness, making it an attractive option for those seeking reliable income streams on Euronext Amsterdam.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.22%

★★★★☆☆

Signify (ENXTAM:LIGHT)

6.94%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.21%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.54%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.29%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.93%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.59%

★★★★☆☆

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

Let's uncover some gems from our specialized 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's revenue is primarily derived from Personal & Business Banking (€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 top 25% in the Dutch market, yet its dividend history is less stable, having been paid for only nine years with some volatility. Despite this, dividends are currently and forecasted to be well-covered by earnings. The bank trades at a significant discount to estimated fair value but faces projected earnings declines. Recent leadership changes and conference presentations may impact strategic direction and investor sentiment.

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

Acomo

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

Overview: Acomo N.V. operates in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients for the food and beverage industry across various regions including the Netherlands, Europe, North America, and internationally with a market cap of €516.53 million.

Operations: Acomo N.V.'s revenue segments include Tea (€124.04 million), Edible Seeds (€246.52 million), Food Solutions (€23.47 million), Spices and Nuts (€445.76 million), and Organic Ingredients (€429.28 million).

Dividend Yield: 6.6%

Acomo's dividend yield ranks in the top 25% of Dutch payers, yet its history is marked by volatility and unreliability over the past decade. Despite recent earnings showing a decline in net income to €17.94 million, dividends remain covered by cash flow with a payout ratio of 51%. However, the high payout ratio of 95.7% suggests sustainability concerns, compounded by significant debt levels and earnings not fully covering dividends.

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

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 €741.74 million.

Operations: Koninklijke Heijmans N.V. generates revenue of €871.03 million from its Connecting segment, with a segment adjustment of €1.83 billion.

Dividend Yield: 3.2%

Koninklijke Heijmans' dividend payments have been volatile over the past decade, with a low yield of 3.22% compared to top-tier Dutch payers. However, dividends are well-covered by earnings and cash flows, with payout ratios of 30% and 20.7%, respectively. Recent financials show strong growth; H1 sales increased to €1.22 billion from €937 million year-on-year, and net income rose to €37 million from €18 million, indicating potential stability in future payouts despite past unreliability.

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

Turning Ideas Into Actions

  • Unlock our comprehensive list of 7 Top Euronext Amsterdam Dividend Stocks by clicking here.

  • Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Seeking Other Investments?

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:ABN ENXTAM:ACOMO and ENXTAM:HEIJM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Advertisement