Top Dividend Stocks On Euronext Amsterdam For September 2024

With the European Central Bank cutting rates yet again and the pan-European STOXX Europe 600 Index seeing a notable rise, investors are keenly observing how these economic shifts might impact dividend stocks on Euronext Amsterdam. In this dynamic environment, identifying top dividend stocks requires a focus on companies with strong financial health and consistent payout histories.

Top 5 Dividend Stocks In The Netherlands

Name	Dividend Yield	Dividend Rating
Koninklijke Heijmans (ENXTAM:HEIJM)	3.61%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.11%	★★★★☆☆
Aalberts (ENXTAM:AALB)	3.12%	★★★★☆☆
ABN AMRO Bank (ENXTAM:ABN)	9.29%	★★★★☆☆
Signify (ENXTAM:LIGHT)	7.25%	★★★★☆☆
ING Groep (ENXTAM:INGA)	6.63%	★★★★☆☆
Acomo (ENXTAM:ACOMO)	6.55%	★★★★☆☆

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

Below we spotlight a couple of our favorites from our exclusive 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 billion.

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

Dividend Yield: 3.1%

Aalberts N.V. reported a slight decline in sales and net income for H1 2024 compared to the previous year, with sales at €1.62 billion and net income at €149.2 million. Despite this, the company's dividends are well-covered by earnings (41% payout ratio) and cash flows (60.4% cash payout ratio). However, Aalberts' dividend payments have been volatile over the past decade, making them less reliable despite recent growth in payouts.

• Delve into the full analysis dividend report here for a deeper understanding of Aalberts.
• Our comprehensive valuation report raises the possibility that Aalberts is priced lower than what may be justified by its financials.

Koninklijke Heijmans (ENXTAM:HEIJM)

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

Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors in the Netherlands and internationally, with a market cap of approximately €661.26 million.

Operations: Koninklijke Heijmans N.V. generates revenue of approximately €871.03 million from its Connecting segment and €1.83 billion from Segment Adjustment activities.

Dividend Yield: 3.6%

Koninklijke Heijmans N.V.'s dividend payments have increased over the past 10 years but remain volatile, with significant annual drops. Despite this, dividends are well-covered by earnings (30% payout ratio) and cash flows (20.7% cash payout ratio). The stock has been highly volatile recently and shareholders experienced dilution in the past year. For H1 2024, sales rose to €1.22 billion from €937 million a year ago, with net income doubling to €37 million.

• Click here and access our complete dividend analysis report to understand the dynamics of Koninklijke Heijmans.
• The analysis detailed in our Koninklijke Heijmans valuation report hints at an deflated share price compared to its estimated value.

Randstad (ENXTAM:RAND)

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

Overview: Randstad N.V. provides work and human resources (HR) solutions and has a market cap of €7.83 billion.

Operations: Randstad N.V.'s revenue segments include Staffing (€16.66 billion), Inhouse Services (€4.01 billion), and Professionals (€3.05 billion).

Dividend Yield: 5.1%

Randstad's dividend payments have increased over the past decade but remain unstable, with significant annual drops. The current payout ratio (81.3%) and cash payout ratio (51.5%) indicate dividends are covered by earnings and cash flows, though the yield (5.11%) is below top-tier Dutch payers. Recent news includes a strategic partnership with iZafe Group AB to launch an initiative in Norway and completing a €399.95 million share buyback program, enhancing shareholder value despite lower profit margins this year compared to last year.

• Get an in-depth perspective on Randstad's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Randstad shares in the market.

Make It Happen

• Dive into all 7 of the Top Euronext Amsterdam Dividend Stocks we have identified here.
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Curious About Other Options?

• 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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