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Amidst a backdrop of mixed signals in the European markets, with the STOXX Europe 600 Index managing to claw back some losses, investors are increasingly looking for stable income sources. Dividend stocks can provide a reliable stream of income and potentially offer some cushion against market volatility.

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.

Let's review some notable picks from our screened stocks.

Acomo

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

Overview: Acomo N.V., with a market cap of €520.09 million, operates in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients and solutions for the food and beverage industry across the Netherlands, Europe, North America, and internationally.

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: 6.5%

Acomo's dividend yield of 6.55% is among the top in the Dutch market, but its sustainability is questionable due to a high payout ratio of 95.7%, indicating dividends are not well covered by earnings. Despite reasonable cash flow coverage (51%), dividend payments have been volatile over the past decade. Recent earnings for H1 2024 showed stagnant sales at €668.2 million and a decline in net income to €17.94 million, impacting overall financial stability and dividend reliability.

• Navigate through the intricacies of Acomo with our comprehensive dividend report here.

• The valuation report we've compiled suggests that Acomo's current price could be inflated.

ING Groep

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

Overview: ING Groep N.V. offers a range of banking products and services across the Netherlands, Belgium, Germany, other parts of Europe, and internationally with a market cap of €50.46 billion.

Operations: ING Groep N.V.'s revenue segments include Retail Banking Netherlands (€4.97 billion), Wholesale Banking (€6.69 billion), Retail Banking Germany (€2.97 billion), Retail Banking Belgium (€2.61 billion), and Retail Banking Other (€4.14 billion).

Dividend Yield: 7.0%

ING Groep's interim dividend of €0.35 per share reflects a consistent payout policy, though recent earnings showed declines in net interest income and net income for Q2 2024 compared to the previous year. The company has a reasonable payout ratio of 69.8%, indicating dividends are covered by earnings, but its dividend history is less stable with only nine years of payments and some volatility. Additionally, ongoing share buybacks suggest confidence in long-term value creation for shareholders.

• Dive into the specifics of ING Groep here with our thorough dividend report.

• Our valuation report here indicates ING Groep may be undervalued.

Randstad

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

Overview: Randstad N.V. provides solutions in the field of work and human resources (HR) services, with a market cap of €7.39 billion.

Operations: Randstad N.V. generates revenue through various HR services and work solutions, with its primary segments contributing significantly to its overall financial performance.

Dividend Yield: 5.4%

Randstad's recent earnings report revealed a decline in net income and sales for Q2 2024 compared to the previous year, with basic earnings per share dropping from €0.74 to €0.43. Despite this, the company has completed a significant share buyback program worth €399.95 million. Randstad's dividend payments have been volatile over the past decade but are currently covered by both earnings (81.3% payout ratio) and cash flows (51.5% cash payout ratio).

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

• Insights from our recent valuation report point to the potential undervaluation of Randstad shares in the market.

Summing It All Up

• Dive into all 7 of the Top Euronext Amsterdam Dividend Stocks we have identified here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

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Ready For A Different Approach?

• 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:ACOMO ENXTAM:INGA and ENXTAM:RAND.

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