Top 3 Dividend Stocks On Euronext Amsterdam

The Dutch stock market has seen notable activity recently, with the pan-European STOXX Europe 600 Index rebounding and major indices like Germany’s DAX and France’s CAC 40 showing significant gains. This positive momentum is partly driven by global economic developments, including China’s robust stimulus measures, which have lifted overall market sentiment. In this favorable environment, dividend stocks on Euronext Amsterdam can offer a compelling investment opportunity. Companies that consistently pay dividends often demonstrate financial stability and resilience—key attributes in times of fluctuating economic conditions.

Top 5 Dividend Stocks In The Netherlands

Name	Dividend Yield	Dividend Rating
Koninklijke Heijmans (ENXTAM:HEIJM)	3.44%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.11%	★★★★☆☆
ABN AMRO Bank (ENXTAM:ABN)	9.32%	★★★★☆☆
Signify (ENXTAM:LIGHT)	7.33%	★★★★☆☆
Aalberts (ENXTAM:AALB)	3.10%	★★★★☆☆
ING Groep (ENXTAM:INGA)	6.80%	★★★★☆☆
Acomo (ENXTAM:ACOMO)	6.37%	★★★★☆☆

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

Here's a peek at a few of the choices from the screener.

Aalberts (ENXTAM:AALB)

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 €4.03 billion.

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

Dividend Yield: 3.1%

Aalberts N.V. reported H1 2024 sales of €1.62 billion and net income of €149.2 million, both slightly down from last year. The stock trades at 46.3% below its estimated fair value, with a sustainable payout ratio of 41% and cash payout ratio of 60.4%. While dividends have grown over the past decade, they have been volatile and currently yield 3.1%, lower than the top quartile in the Dutch market (5.57%).

• Take a closer look at Aalberts' potential here in our dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Aalberts shares in the market.

Koninklijke Heijmans (ENXTAM:HEIJM)

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

Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors both in the Netherlands and internationally, with a market cap of €694.79 million.

Operations: Koninklijke Heijmans N.V. generates revenue from its Connecting segment, amounting to €871.03 million, with a Segment Adjustment of €1.83 billion.

Dividend Yield: 3.4%

Koninklijke Heijmans N.V. reported H1 2024 sales of €1.22 billion and net income of €37 million, both up significantly from the previous year. Despite a low dividend yield (3.44%) compared to top Dutch payers, its dividends are well covered by earnings (30% payout ratio) and cash flows (20.7% cash payout ratio). However, dividend payments have been volatile over the past decade, with an unstable track record and recent shareholder dilution affecting reliability.

• Get an in-depth perspective on Koninklijke Heijmans' performance by reading our dividend report here.
• Our expertly prepared valuation report Koninklijke Heijmans implies its share price may be lower than expected.

ING Groep (ENXTAM:INGA)

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

Overview: ING Groep N.V. offers a range of banking products and services across the Netherlands, Belgium, Germany, other parts of Europe, and internationally, with a market cap of €51.51 billion.

Operations: ING Groep N.V. generates revenue from various segments, including Retail Banking Netherlands (€4.97 billion), Retail Banking Germany (€2.97 billion), Retail Banking Belgium (€2.61 billion), and Wholesale Banking (€6.69 billion), along with a smaller contribution from the Corporate Line segment (€334 million).

Dividend Yield: 6.8%

ING Groep's recent earnings report showed a decline in net interest income and net income compared to last year, with Q2 2024 net income at €1.78 billion. The company affirmed an interim dividend of €0.35 per share for H1 2024, maintaining a reasonable payout ratio (69.8%). However, its dividend history is less stable, with payments being volatile over the past nine years. Recent fixed-income offerings amounting to $2 billion may impact future financial flexibility.

• Click to explore a detailed breakdown of our findings in ING Groep's dividend report.
• The valuation report we've compiled suggests that ING Groep's current price could be quite moderate.

Where To Now?

• Discover the full array of 7 Top Euronext Amsterdam Dividend Stocks right here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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