The Netherlands market has been experiencing mixed signals, with the pan-European STOXX Europe 600 Index managing to claw back sharp losses and end slightly higher despite ongoing economic concerns. Retail sales in the eurozone have shown unexpected declines, suggesting consumers are still feeling the inflationary squeeze. In this environment, dividend stocks can offer a measure of stability and income for investors. Let's explore three top dividend stocks on Euronext Amsterdam that are worth watching.

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 explore several standout options from the results in the 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 €12.74 billion.

Operations: ABN AMRO Bank N.V. generates its revenue from three main segments: Corporate Banking (€3.46 billion), Wealth Management (€1.55 billion), and Personal & Business Banking (€4.02 billion).

Dividend Yield: 9.9%

ABN AMRO Bank's dividend payments have been volatile over the past eight years, with a recent interim dividend set at €0.60 per share. Despite trading at 67.6% below its estimated fair value, the bank maintains a reasonable payout ratio of 50.5%, ensuring dividends are covered by earnings. However, earnings are forecast to decline by an average of 8.6% annually over the next three years, potentially impacting future dividend stability and growth prospects.

• Unlock comprehensive insights into our analysis of ABN AMRO Bank stock in this dividend report.

• Our valuation report unveils the possibility ABN AMRO Bank's shares may be trading at a discount.

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 the Netherlands, Europe, North America, and internationally with a market cap of €518.31 million.

Operations: Acomo N.V. generates revenue from 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).

Dividend Yield: 6.6%

Acomo N.V.'s recent earnings report showed a slight increase in sales to €668.2 million but a decrease in net income to €17.94 million for H1 2024. The dividend yield of 6.57% is among the top in the Dutch market, yet it is not well-covered by earnings due to a high payout ratio of 95.7%. Despite this, dividends are covered by cash flows with a reasonable cash payout ratio of 51%. However, dividend payments have been volatile over the past decade and are considered unreliable.

• Click here to discover the nuances of Acomo with our detailed analytical dividend report.

• Our valuation report unveils the possibility Acomo's shares may be trading at a premium.

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 globally, with a market cap of €49.11 billion.

Operations: ING Groep N.V.'s revenue segments include Retail Banking in the Netherlands (€4.97 billion), Belgium (€2.61 billion), Germany (€2.97 billion), and other regions (€4.14 billion), as well as Wholesale Banking (€6.69 billion) and the Corporate Line segment (€334 million).

Dividend Yield: 7.3%

ING Groep's dividend yield of 7.26% is among the highest in the Dutch market, but its dividend payments have been volatile over the past nine years. The company's payout ratio of 69.8% suggests dividends are currently covered by earnings and forecast to be sustainable with a lower payout ratio of 50.7% in three years. Recent earnings showed declines, with net income falling to €1.78 billion for Q2 2024 from €2.16 billion a year ago, impacting overall financial stability.

• Delve into the full analysis dividend report here for a deeper understanding of ING Groep.

• According our valuation report, there's an indication that ING Groep's share price might be on the cheaper side.

Taking Advantage

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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:INGA.

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