Top Dividend Stocks On Euronext Amsterdam July 2024
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As global markets navigate through fluctuating trade tensions and economic indicators, investors are increasingly focusing on stable returns, making dividend stocks a compelling option. In the context of Euronext Amsterdam, selecting top-performing dividend stocks can offer a blend of reliability and potential growth amidst current market dynamics.
Top 5 Dividend Stocks In The Netherlands
| Name | Dividend Yield | Dividend Rating |
| Acomo (ENXTAM:ACOMO) | 6.45% | ★★★★★☆ |
| ABN AMRO Bank (ENXTAM:ABN) | 9.23% | ★★★★☆☆ |
| Signify (ENXTAM:LIGHT) | 6.47% | ★★★★☆☆ |
| Van Lanschot Kempen (ENXTAM:VLK) | 9.82% | ★★★★☆☆ |
| Randstad (ENXTAM:RAND) | 5.10% | ★★★★☆☆ |
| Koninklijke KPN (ENXTAM:KPN) | 3.99% | ★★★★☆☆ |
| Koninklijke Heijmans (ENXTAM:HEIJM) | 3.64% | ★★★★☆☆ |
Let's review some notable picks from our screened stocks.
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 globally, with a market capitalization of approximately €13.63 billion.
Operations: ABN AMRO Bank N.V. generates its revenue primarily through three key segments: Corporate Banking at €3.50 billion, Personal & Business Banking at €4.07 billion, and Wealth Management at €1.59 billion.
Dividend Yield: 9.2%
ABN AMRO Bank, despite a top 25% dividend yield in the Dutch market at 9.23%, shows a mixed performance as a dividend stock. Its dividends, only distributed for the past 8 years, have been unstable and unreliable with significant annual fluctuations exceeding 20%. However, its payout ratio remains modest at 47.9%, suggesting earnings adequately cover dividends currently and are projected to remain so over the next three years. Recent strategic moves include expanding into Germany's wealth management sector through acquisitions, potentially influencing future financial stability and dividend capacity.
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Navigate through the intricacies of ABN AMRO Bank with our comprehensive dividend report here.
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Our valuation report here indicates ABN AMRO Bank may be undervalued.
Koninklijke KPN
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Koninklijke KPN N.V. is a telecommunications and IT service provider in the Netherlands, with a market capitalization of approximately €14.79 billion.
Operations: Koninklijke KPN N.V. generates revenue through three primary segments: Business (€1.84 billion), Consumer (€2.93 billion), and Wholesale (€0.70 billion).
Dividend Yield: 4%
Koninklijke KPN has demonstrated a mix of strategic initiatives and financial transactions that underscore its complex position as a dividend stock. Recently, KPN engaged in significant business expansions, notably acquiring 5G spectrum licenses for €58.4 million and forming TowerCo with ABP, enhancing its infrastructure capabilities. Despite these growth efforts, the company's dividends have shown volatility over the past decade with an unstable track record. Financially, while KPN's dividends are covered by both earnings and cash flows with payout ratios of 78.4% and 59.6% respectively, its overall debt level remains high which could influence future sustainability and reliability of dividend payments.