3 Dividend Stocks On Euronext Amsterdam Yielding Over 5%
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As European markets experience a cautious optimism amid potential interest rate cuts by the European Central Bank and hopes for increased economic stimulus from China, dividend stocks in the Netherlands present an intriguing opportunity for investors seeking stable income. In this environment, selecting companies with strong fundamentals and a commitment to consistent dividend payouts can be particularly appealing, especially those yielding over 5% on Euronext Amsterdam.
Top 5 Dividend Stocks In The Netherlands
| Name | Dividend Yield | Dividend Rating |
| Koninklijke Heijmans (ENXTAM:HEIJM) | 3.30% | ★★★★☆☆ |
| Randstad (ENXTAM:RAND) | 5.09% | ★★★★☆☆ |
| ABN AMRO Bank (ENXTAM:ABN) | 9.90% | ★★★★☆☆ |
| Signify (ENXTAM:LIGHT) | 6.99% | ★★★★☆☆ |
| Aalberts (ENXTAM:AALB) | 3.32% | ★★★★☆☆ |
| ING Groep (ENXTAM:INGA) | 6.98% | ★★★★☆☆ |
| Acomo (ENXTAM:ACOMO) | 6.59% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
ING Groep
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ING Groep N.V. offers a range of banking products and services in the Netherlands, Belgium, Germany, the rest of Europe, and internationally, with a market cap of €50.07 billion.
Operations: ING Groep N.V.'s revenue segments include €4.97 billion from Retail Banking Netherlands, €2.61 billion from Retail Banking Belgium, €2.97 billion from Retail Banking Germany, and €6.69 billion from Wholesale Banking, along with a contribution of €334 million from the Corporate Line segment.
Dividend Yield: 7.0%
ING Groep's dividend yield of 6.98% places it in the top quartile among Dutch dividend payers, though its track record is less stable with payments over nine years showing volatility. The payout ratio of 69.8% suggests dividends are currently covered by earnings and expected to remain so, with a forecasted reduction to 49.3%. Recent share buybacks totaling €2.49 billion may support shareholder value despite fluctuating net income figures reported for H1 2024.
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Click here and access our complete dividend analysis report to understand the dynamics of ING Groep.
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Our valuation report here indicates ING Groep may be undervalued.
Signify
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Signify N.V. is a company that offers lighting products, systems, and services across Europe, the Americas, and globally with a market cap of €2.80 billion.
Operations: Signify N.V.'s revenue is primarily derived from its Conventional segment, which amounts to €519 million.
Dividend Yield: 7.0%
Signify's dividend yield of 6.99% ranks it among the top 25% in the Netherlands, yet its eight-year dividend history is marked by volatility. The payout ratio of 80.4% indicates coverage by earnings, while a cash payout ratio of 34.2% suggests strong cash flow support. Despite recent exclusion from the FTSE All-World Index and fluctuating sales figures, net income improved significantly for H1 2024, reflecting potential resilience in earnings capacity.