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Amidst a backdrop of global economic uncertainties and fluctuating markets, the Euronext Amsterdam has shown resilience, with defensive sectors like utilities and consumer staples holding up better. In this environment, dividend stocks can offer a reliable income stream and potential for capital appreciation. A good dividend stock typically combines consistent earnings with a strong balance sheet, making it well-suited for weathering economic volatility. Here are three Euronext Amsterdam dividend stocks yielding up to 9.9% that could be worth considering in today's market conditions.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Koninklijke Heijmans (ENXTAM:HEIJM) | 3.88% | ★★★★☆☆ |
Aalberts (ENXTAM:AALB) | 3.37% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 5.51% | ★★★★☆☆ |
ABN AMRO Bank (ENXTAM:ABN) | 9.92% | ★★★★☆☆ |
Signify (ENXTAM:LIGHT) | 7.65% | ★★★★☆☆ |
ING Groep (ENXTAM:INGA) | 6.89% | ★★★★☆☆ |
Acomo (ENXTAM:ACOMO) | 6.71% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
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 €12.67 billion.
Operations: ABN AMRO Bank N.V.'s revenue is primarily derived from Personal & Business Banking (€4.02 billion), Corporate Banking (€3.46 billion), and Wealth Management (€1.55 billion).
Dividend Yield: 9.9%
ABN AMRO Bank's dividend payments have been volatile over the past nine years, but they are currently covered by earnings with a payout ratio of 50.5%. The interim dividend was recently set at €0.60 per share, totaling €500 million. Despite a slight decline in net income to €1.32 billion for H1 2024, the bank maintains a strong position among Dutch dividend payers with its yield in the top 25%.
Acomo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acomo N.V., with a market cap of €507.65 million, is involved in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients and solutions for the food and beverage industry across the Netherlands, other European countries, North America, and internationally.
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).