3 Top Dividend Stocks On Euronext Amsterdam Yielding Up To 9.6%

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The Dutch stock market, like many global counterparts, has been experiencing volatility amid concerns about economic slowdowns and fluctuating interest rates. Despite these challenges, dividend stocks on Euronext Amsterdam continue to attract investors seeking stable income streams. In the current market environment, characterized by uncertainty and mixed economic signals, a good dividend stock is one that offers consistent payouts and demonstrates resilience in its financial performance.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.89%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.32%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.45%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.65%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.58%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.81%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.69%

★★★★☆☆

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

We'll examine a selection from our screener results.

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 €3.76 billion.

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

Dividend Yield: 3.3%

Aalberts, trading at 50% below its estimated fair value, offers a dividend yield of 3.32%, which is low compared to the top Dutch dividend payers. Despite its volatile and unreliable dividend history over the past decade, recent dividends are well-covered by earnings (41% payout ratio) and cash flows (60.4% cash payout ratio). Recent half-year earnings showed a slight decline in sales (€1.62 billion) and net income (€149.2 million), reflecting some financial pressure.

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 €13.04 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: 9.6%

ABN AMRO Bank's dividend yield of 9.65% places it among the top 25% of Dutch dividend payers, though its nine-year history shows volatility and unreliability. Recent interim dividends were set at €0.60 per share, totaling €500 million, with a payout ratio of 50.5%, indicating coverage by earnings. The bank's net income for the first half of 2024 was €1.32 billion, down from last year’s €1.39 billion, reflecting some financial challenges ahead.