Euronext Amsterdam's Top 3 Dividend Stocks For Steady Income

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Amidst a backdrop of global economic uncertainty and fluctuating markets, the Dutch stock market has shown resilience, with the pan-European STOXX Europe 600 Index ending 3.52% lower on renewed fears about a deterioration in the outlook for global economic growth. In this environment, dividend stocks can offer a steady income stream and provide some stability to investors' portfolios. When evaluating dividend stocks, it's crucial to consider factors such as consistent earnings performance, strong cash flow, and a history of reliable dividend payments—qualities that can help navigate through volatile market conditions.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.84%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.34%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.38%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.91%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.56%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.84%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.61%

★★★★☆☆

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

Here we highlight a subset of our preferred stocks from 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 €12.69 billion.

Operations: ABN AMRO Bank's revenue segments include €3.46 billion from Corporate Banking, €1.55 billion from Wealth Management, and €4.02 billion from Personal & Business Banking.

Dividend Yield: 9.9%

ABN AMRO Bank's dividend payments, while currently covered by earnings with a payout ratio of 50.5%, have been unreliable and volatile over the past nine years. Recent events include a reduction in the interim dividend to €0.60 per share, reflecting cautious financial management amid slightly declining net income (EUR 1.32 billion) compared to last year (EUR 1.39 billion). The bank's dividends are projected to remain covered by earnings in the next three years despite potential earnings declines.

ENXTAM:ABN Dividend History as at Sep 2024

Acomo

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

Overview: Acomo N.V., with a market cap of €515.35 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, Europe, North America, and internationally.