3 Reliable Dividend Stocks On Euronext Amsterdam Yielding Up To 6.9%
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Amidst a backdrop of global economic uncertainties and renewed fears about growth prospects, the Dutch market has shown resilience, with key indices reflecting cautious optimism. In this environment, dividend stocks on Euronext Amsterdam have garnered attention for their potential to provide steady income streams. In evaluating what makes a good dividend stock, especially in today's volatile markets, investors often look for companies with strong fundamentals and consistent payout histories. Here are three reliable dividend stocks on Euronext Amsterdam yielding up to 6.9%.
Top 5 Dividend Stocks In The Netherlands
| Name | Dividend Yield | Dividend Rating |
| Koninklijke Heijmans (ENXTAM:HEIJM) | 3.83% | ★★★★☆☆ |
| Aalberts (ENXTAM:AALB) | 3.36% | ★★★★☆☆ |
| Randstad (ENXTAM:RAND) | 5.44% | ★★★★☆☆ |
| Signify (ENXTAM:LIGHT) | 7.70% | ★★★★☆☆ |
| ING Groep (ENXTAM:INGA) | 6.92% | ★★★★☆☆ |
| Acomo (ENXTAM:ACOMO) | 6.69% | ★★★★☆☆ |
Let's dive into some prime choices out of the screener.
Acomo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acomo N.V., with a market cap of €509.43 million, engages 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 through its segments: 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: 6.7%
Acomo N.V. reported H1 2024 sales of €668.2 million, with net income at €17.94 million, down from €22.16 million the previous year. Despite a high dividend yield of 6.69%, dividends are not well covered by earnings due to a high payout ratio (95.7%). The company's dividends have been volatile over the past decade but are currently covered by cash flows with a cash payout ratio of 51%.
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Get an in-depth perspective on Acomo's performance by reading our dividend report here.
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Our valuation report here indicates Acomo may be overvalued.
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 internationally, with a market cap of €50.77 billion.
Operations: ING Groep N.V. generates revenue through Retail Banking in the Netherlands (€4.97 billion), Belgium (€2.61 billion), and Germany (€2.97 billion), as well as through Wholesale Banking (€6.69 billion) and Corporate Line banking services (€334 million).