Top Dividend Stocks On Euronext Amsterdam For September 2024

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As global markets react to the Federal Reserve's recent rate cut, European indices have shown mixed results, with the pan-European STOXX Europe 600 Index ending slightly lower. Amid this backdrop of cautious optimism and fluctuating investor sentiment, dividend stocks in the Netherlands offer a compelling opportunity for income-focused investors. In today's market conditions, a good dividend stock is characterized by its ability to provide consistent payouts and financial stability. With interest rates on the move and economic data showing varied trends across regions, these traits become even more valuable for those seeking reliable returns.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.61%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.29%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.28%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.55%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.20%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.68%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.53%

★★★★☆☆

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

We're going to check out a few of the best picks from our screener tool.

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 €3.90 billion.

Operations: Aalberts N.V. generates revenue from two primary segments: Building Technology (€1.74 billion) and Industrial Technology (€1.49 billion).

Dividend Yield: 3.2%

Aalberts N.V. reported a slight decline in sales and net income for H1 2024, with EUR 1.62 billion in sales and EUR 149.2 million in net income. Despite this, its dividend payments are well-covered by earnings (payout ratio: 41%) and cash flows (cash payout ratio: 60.4%). However, the dividend yield is relatively low at 3.2%, and the company has an unstable dividend track record over the past decade despite some growth in payments during that period.

ENXTAM:AALB Dividend History as at Sep 2024
ENXTAM:AALB Dividend History as at Sep 2024

Acomo

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

Overview: Acomo N.V. and its subsidiaries operate in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients for the global food and beverage industry with a market cap of €521.27 million.

Operations: Acomo N.V. generates revenue through various segments including 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).