Top Dividend Stocks On Euronext Amsterdam In August 2024

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As European markets experience a boost from the Paris Olympics and anticipate potential interest rate cuts by the ECB, investors are increasingly looking for stable income sources amidst fluctuating economic conditions. In this environment, dividend stocks on Euronext Amsterdam offer an attractive option for those seeking reliable returns.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.36%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.22%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.14%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.26%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.78%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.92%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.48%

★★★★☆☆

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.

Aalberts

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

Overview: Aalberts N.V. provides mission-critical technologies for aerospace, automotive, building, and maritime sectors with a market cap of €3.87 billion.

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

Dividend Yield: 3.2%

Aalberts' dividend payments are well-covered by earnings (41% payout ratio) and cash flows (60.4% cash payout ratio), though they have been volatile over the past decade. The stock trades at 50.8% below its estimated fair value, presenting a good relative value compared to peers. Recent earnings showed a slight decline with sales at €1.62 billion and net income at €149.2 million for H1 2024, down from €160 million a year ago.

ENXTAM:AALB Dividend History as at Aug 2024
ENXTAM:AALB Dividend History as at Aug 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 €12.86 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: 9.8%

ABN AMRO Bank's dividend payments are covered by earnings (50.5% payout ratio) and forecast to remain sustainable (47.1% in 3 years), but have been volatile over the past 9 years. The stock trades at a significant discount to its estimated fair value, enhancing its appeal for value investors. Recent earnings showed a slight decline with net income at €1.32 billion for H1 2024, down from €1.39 billion a year ago, and an interim dividend set at €0.60 per share (€500 million).

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

Randstad

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

Overview: Randstad N.V. offers work and human resources (HR) services solutions, with a market cap of €7.61 billion.

Operations: Randstad N.V. generates revenue from various segments in the field of work and HR services.

Dividend Yield: 5.3%

Randstad's dividend payments have been volatile over the past decade but are covered by earnings (81.3% payout ratio) and cash flows (51.5% cash payout ratio). The company trades at a significant discount to its estimated fair value, offering good relative value compared to peers. Recent earnings showed a decline, with Q2 2024 net income at €78 million, down from €137 million a year ago. Randstad completed a share buyback worth €399.95 million in July 2024.

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

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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:AALB ENXTAM:ABN and ENXTAM:RAND.

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