Top Dividend Stocks On Euronext Amsterdam

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As the European Central Bank continues to ease monetary policy with consecutive interest rate cuts, the pan-European STOXX Europe 600 Index has experienced modest gains, reflecting a cautiously optimistic market sentiment. Against this backdrop of economic adjustments, dividend stocks on Euronext Amsterdam stand out as attractive options for investors seeking reliable income streams amidst fluctuating market conditions.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.48%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.28%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.83%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.03%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.43%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.97%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.66%

★★★★☆☆

Click here to see the full list of 7 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

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 €511.79 million.

Operations: Acomo N.V.'s revenue is primarily derived from its segments in 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: 6.7%

Acomo's dividend yield of 6.66% places it among the top 25% of Dutch dividend payers, yet its sustainability is questionable due to a high payout ratio of 95.7%, indicating dividends aren't well covered by earnings. Despite a reasonable cash payout ratio of 51%, suggesting coverage by cash flows, Acomo's dividends have been volatile over the past decade and are not consistently reliable. The company also carries a high level of debt, impacting financial stability.

ENXTAM:ACOMO Dividend History as at Oct 2024
ENXTAM:ACOMO Dividend History as at Oct 2024

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, the rest of Europe, and internationally, with a market cap of €49.96 billion.

Operations: ING Groep N.V.'s revenue segments include Retail Banking in the Netherlands (€4.97 billion), Belgium (€2.61 billion), and Germany (€2.97 billion), as well as Wholesale Banking (€6.69 billion) and Corporate Line Banking (€334 million).