3 Dividend Stocks On Euronext Amsterdam Yielding Up To 6.9%
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As the European Central Bank's recent interest rate cuts aim to stimulate economic growth, major stock indexes across Europe have risen, reflecting positive investor sentiment. In this environment, dividend stocks on Euronext Amsterdam are garnering attention for their potential to offer stable income streams, making them an attractive option for investors seeking reliable returns amidst fluctuating market conditions.
Top 5 Dividend Stocks In The Netherlands
| Name | Dividend Yield | Dividend Rating |
| Koninklijke Heijmans (ENXTAM:HEIJM) | 3.43% | ★★★★☆☆ |
| Randstad (ENXTAM:RAND) | 5.23% | ★★★★☆☆ |
| ABN AMRO Bank (ENXTAM:ABN) | 9.68% | ★★★★☆☆ |
| Signify (ENXTAM:LIGHT) | 6.92% | ★★★★☆☆ |
| Aalberts (ENXTAM:AALB) | 3.37% | ★★★★☆☆ |
| ING Groep (ENXTAM:INGA) | 6.92% | ★★★★☆☆ |
| Acomo (ENXTAM:ACOMO) | 6.64% | ★★★★☆☆ |
Let's explore several standout options from the results in the screener.
Acomo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acomo N.V. operates in the sourcing, trading, processing, packaging, and distribution of conventional and organic food ingredients for the food and beverage industry across various regions including Europe and North America, with a market cap of €512.98 million.
Operations: Acomo N.V.'s revenue is primarily derived from its segments: Spices and Nuts (€445.76 million), Organic Ingredients (€429.28 million), Edible Seeds (€246.52 million), Tea (€124.04 million), and Food Solutions (€23.47 million).
Dividend Yield: 6.6%
Acomo's dividend yield of 6.64% ranks in the top 25% among Dutch dividend payers, yet its sustainability is questionable due to a high payout ratio of 95.7%, indicating dividends are not well covered by earnings. Although dividends have grown over the past decade, they have been volatile and unreliable. Recent financial results show a decline in net income to €17.94 million for H1 2024, potentially impacting future dividend stability.
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Take a closer look at Acomo's potential here in our dividend report.
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The valuation report we've compiled suggests that Acomo's current price could be inflated.
ING Groep
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ING Groep N.V. is a financial institution offering a range of banking products and services across the Netherlands, Belgium, Germany, and internationally, with a market cap of €50.29 billion.
Operations: ING Groep N.V.'s revenue is primarily derived from Retail Banking in the Netherlands (€4.97 billion), Wholesale Banking (€6.69 billion), Retail Banking Germany (€2.97 billion), and Retail Banking Belgium (€2.61 billion), along with contributions from the Corporate Line segment (€334 million).