Top Dividend Stocks On Euronext Amsterdam With Up To 9.2% Yield

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As global markets react to the recent Federal Reserve rate cut, European stocks have shown mixed results, with the pan-European STOXX Europe 600 Index ending slightly lower. Despite this cautious sentiment, dividend stocks on Euronext Amsterdam continue to attract investors seeking stable income streams. In the current market environment, characterized by fluctuating interest rates and economic uncertainty, a good dividend stock often combines a solid yield with strong fundamentals and consistent payout history.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.69%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.18%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.22%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.55%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.24%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.63%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.60%

★★★★☆☆

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

Here we highlight a subset of our preferred stocks from 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 €3.86 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 N.V. reported H1 2024 earnings with sales of €1.62 billion and net income of €149.2 million, both slightly down from the previous year. The company’s dividend is covered by both earnings (payout ratio: 41%) and cash flows (cash payout ratio: 60.4%). Although its dividend yield is lower than top-tier Dutch payers, Aalberts trades at good value relative to peers and has increased dividends over the past decade despite some volatility.

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

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 €13.65 billion.

Operations: ABN AMRO Bank N.V.'s revenue segments include Corporate Banking (€3.46 billion), Wealth Management (€1.55 billion), and Personal & Business Banking (€4.02 billion).

Dividend Yield: 9.2%

ABN AMRO Bank’s dividend payments are covered by earnings with a payout ratio of 50.5%, but the company has a volatile dividend history, having paid dividends for less than 10 years. Despite this, its current yield is among the top 25% in the Dutch market at 9.22%. Recent earnings showed a slight decline, with net income at €1.32 billion for H1 2024 compared to €1.39 billion last year, impacting interim dividends set at €0.60 per share (€500 million total).

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

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 €7.72 billion.

Operations: Randstad N.V. generates revenue through various segments in the human resources services sector, including staffing, inhouse services, and professional services.

Dividend Yield: 5.2%

Randstad's dividend payments are covered by earnings (81.3% payout ratio) and cash flows (51.5% cash payout ratio), though they have been volatile over the past decade. The recent share buyback program, totaling €399.95 million, indicates a focus on returning value to shareholders. However, Q2 2024 earnings showed a decline with net income at €78 million compared to €137 million last year, which may impact future dividend stability despite its current yield of 5.18%.

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

Where To Now?

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

  • Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.

  • Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Ready For A Different Approach?

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:AALB ENXTAM:ABN and ENXTAM:RAND.

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

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