Yahoo Finance 3 Euronext Amsterdam Dividend Stocks With Yields Up To 7.4%
As global markets react to a mix of economic data and shifting investor sentiment, the Euronext Amsterdam has shown resilience amidst broader European market fluctuations. In this context, dividend stocks can offer a stable income stream, especially when selected for their strong fundamentals and attractive yields. A good dividend stock in today's market is characterized by consistent earnings, robust cash flow, and a commitment to returning value to shareholders. These factors are particularly relevant given recent economic uncertainties and interest rate movements.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Koninklijke Heijmans (ENXTAM:HEIJM) | 3.58% | ★★★★☆☆ |
Aalberts (ENXTAM:AALB) | 3.35% | ★★★★☆☆ |
Signify (ENXTAM:LIGHT) | 7.26% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 5.47% | ★★★★☆☆ |
ING Groep (ENXTAM:INGA) | 7.41% | ★★★★☆☆ |
Acomo (ENXTAM:ACOMO) | 6.94% | ★★★★☆☆ |
Here's a peek at a few of the choices from the screener.
Aalberts
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Aalberts N.V. provides mission-critical technologies for the aerospace, automotive, building, and maritime sectors and has a market cap of €3.73 billion.
Operations: Aalberts N.V. generates revenue from two main segments: Building Technology (€1.74 billion) and Industrial Technology (€1.49 billion).
Dividend Yield: 3.3%
Aalberts N.V. recently reported a decline in sales and net income for H1 2024, with sales at €1.62 billion and net income at €149.2 million. Despite this, the company maintains a reasonable payout ratio of 41%, ensuring dividends are well covered by earnings and cash flows (cash payout ratio: 60.4%). However, its dividend payments have been volatile over the past decade. The stock trades below estimated fair value but yields lower than top-tier Dutch dividend payers (3.35%).
Acomo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acomo N.V., with a market cap of €491.06 million, operates through its subsidiaries to source, trade, process, package, and distribute conventional and organic food ingredients and solutions for the food and beverage industry across the Netherlands, Europe, North America, and internationally.
Operations: Acomo N.V.'s revenue segments include 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: 6.9%
Acomo N.V.'s recent H1 2024 earnings report showed stable sales at €668.2 million, but net income decreased to €17.94 million from €22.16 million a year ago, impacting its dividend sustainability. The company declared a cash dividend of €0.40 with an ex-div date of July 29, 2024. Despite a high payout ratio (95.7%), Acomo's dividends are covered by cash flows (cash payout ratio: 51%). However, its dividend payments have been volatile and not consistently reliable over the past decade.
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 €48.18 billion.
Operations: ING Groep N.V. generates revenue through several segments, including Retail Banking in the Netherlands (€4.97 billion), Belgium (€2.61 billion), Germany (€2.97 billion), and Other regions (€4.14 billion), as well as Wholesale Banking (€6.69 billion) and the Corporate Line segment (€334 million).
Dividend Yield: 7.4%
ING Groep's Q2 2024 earnings revealed a decline in net interest income to €3.83 billion and net income to €1.78 billion compared to last year, impacting dividend sustainability. Despite this, the company affirmed an interim dividend of €0.35 per share for H1 2024, payable on August 12. Although the payout ratio is reasonable at 69.8%, ING's dividends have been unreliable and volatile over the past nine years, raising concerns about long-term stability for dividend investors.
Dive into the specifics of ING Groep here with our thorough dividend report.
Our valuation report unveils the possibility ING Groep's shares may be trading at a discount.
Summing It All Up
Navigate through the entire inventory of 6 Top Euronext Amsterdam Dividend Stocks here.
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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:ACOMO and ENXTAM:INGA.
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