Top Dividend Stocks On Euronext Amsterdam With Up To 9.2% Yield

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As global markets react to the recent Federal Reserve rate cut, European stocks have shown mixed results, with the pan-European STOXX Europe 600 Index ending slightly lower. Despite this cautious sentiment, dividend stocks on Euronext Amsterdam continue to attract investors seeking stable income streams. In the current market environment, characterized by fluctuating interest rates and economic uncertainty, a good dividend stock often combines a solid yield with strong fundamentals and consistent payout history.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Koninklijke Heijmans (ENXTAM:HEIJM)

3.69%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.18%

★★★★☆☆

ABN AMRO Bank (ENXTAM:ABN)

9.22%

★★★★☆☆

Signify (ENXTAM:LIGHT)

7.55%

★★★★☆☆

Aalberts (ENXTAM:AALB)

3.24%

★★★★☆☆

ING Groep (ENXTAM:INGA)

6.63%

★★★★☆☆

Acomo (ENXTAM:ACOMO)

6.60%

★★★★☆☆

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

Here we highlight a subset of our preferred stocks from the screener.

Aalberts

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Aalberts N.V. provides mission-critical technologies for the aerospace, automotive, building, and maritime sectors with a market cap of €3.86 billion.

Operations: Aalberts N.V. generates revenue through its Building Technology segment (€1.74 billion) and Industrial Technology segment (€1.49 billion).

Dividend Yield: 3.2%

Aalberts N.V. reported H1 2024 earnings with sales of €1.62 billion and net income of €149.2 million, both slightly down from the previous year. The company’s dividend is covered by both earnings (payout ratio: 41%) and cash flows (cash payout ratio: 60.4%). Although its dividend yield is lower than top-tier Dutch payers, Aalberts trades at good value relative to peers and has increased dividends over the past decade despite some volatility.

ENXTAM:AALB Dividend History as at Sep 2024
ENXTAM:AALB Dividend History as at Sep 2024

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 internationally, with a market cap of €13.65 billion.

Operations: ABN AMRO Bank N.V.'s revenue segments include Corporate Banking (€3.46 billion), Wealth Management (€1.55 billion), and Personal & Business Banking (€4.02 billion).

Dividend Yield: 9.2%

ABN AMRO Bank’s dividend payments are covered by earnings with a payout ratio of 50.5%, but the company has a volatile dividend history, having paid dividends for less than 10 years. Despite this, its current yield is among the top 25% in the Dutch market at 9.22%. Recent earnings showed a slight decline, with net income at €1.32 billion for H1 2024 compared to €1.39 billion last year, impacting interim dividends set at €0.60 per share (€500 million total).