Yahoo Finance 3 Reliable Dividend Stocks On Euronext Amsterdam Yielding Up To 6.9%
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%.
Get an in-depth perspective on Acomo's performance by reading our dividend report here.
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).
Dividend Yield: 6.9%
ING Groep's recent buyback of 127.40 million shares for €2.03 billion and an interim dividend of €0.35 per share highlight its shareholder return focus. However, net interest income and net income have declined year-over-year, with Q2 2024 net income at €1.78 billion compared to €2.16 billion previously. The company has a reasonable payout ratio (69.8%), but dividends have been volatile over the past nine years, raising concerns about reliability despite a high yield in the Dutch market.
Randstad
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Randstad N.V. offers work and human resources (HR) services solutions, with a market cap of €7.35 billion.
Operations: Randstad N.V.'s revenue segments in millions of euros are: Staffing €17.39 billion, Inhouse Services €4.16 billion, and Professionals €3.80 billion.
Dividend Yield: 5.4%
Randstad’s recent completion of a share buyback program, repurchasing 7.98 million shares for €399.95 million, underscores its commitment to returning value to shareholders. However, Q2 2024 earnings showed a decline with net income at €78 million compared to €137 million the previous year. While Randstad offers a reasonable dividend yield and sustainable payout ratios (81.3% earnings, 51.5% cash flow), its dividend history has been volatile over the past decade, raising reliability concerns for investors seeking stable income streams.
Click here and access our complete dividend analysis report to understand the dynamics of Randstad.
Our valuation report here indicates Randstad may be undervalued.
Next Steps
Unlock more gems! Our Top Euronext Amsterdam Dividend Stocks screener has unearthed 3 more companies for you to explore.Click here to unveil our expertly curated list of 6 Top Euronext Amsterdam Dividend Stocks.
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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:ACOMO ENXTAM:INGA and ENXTAM:RAND.
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