Top Dividend Stocks On Euronext Amsterdam September 2024

As global markets react positively to China's robust stimulus measures, the pan-European STOXX Europe 600 Index has rebounded, reflecting a hopeful sentiment for interest rate cuts. Amid this backdrop, investors are increasingly looking towards dividend stocks on Euronext Amsterdam for stable returns. In times of economic uncertainty and fluctuating market conditions, dividend stocks can provide a reliable income stream and potential for long-term growth. Here are three top dividend stocks on Euronext Amsterdam that stand out in September 2024.

Top 5 Dividend Stocks In The Netherlands

Name	Dividend Yield	Dividend Rating
Koninklijke Heijmans (ENXTAM:HEIJM)	3.46%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.08%	★★★★☆☆
ABN AMRO Bank (ENXTAM:ABN)	9.22%	★★★★☆☆
Signify (ENXTAM:LIGHT)	7.19%	★★★★☆☆
Aalberts (ENXTAM:AALB)	3.07%	★★★★☆☆
ING Groep (ENXTAM:INGA)	6.69%	★★★★☆☆
Acomo (ENXTAM:ACOMO)	6.40%	★★★★☆☆

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

Let's uncover some gems from our specialized screener.

Aalberts (ENXTAM:AALB)

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

Overview: Aalberts N.V. provides mission-critical technologies for aerospace, automotive, building, and maritime sectors with a market cap of €4.07 billion.

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

Dividend Yield: 3.1%

Aalberts N.V. reported H1 2024 earnings with sales of €1.62 billion and net income of €149.2 million, showing a slight decline from the previous year. The company’s dividend payout ratio is 41%, indicating dividends are well-covered by earnings, and its cash payout ratio is 60.4%, suggesting sustainability from cash flows. However, Aalberts has had volatile dividend payments over the past decade despite some growth in payouts, making its yield relatively low compared to top Dutch dividend payers.

• Unlock comprehensive insights into our analysis of Aalberts stock in this 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 €689.42 million.

Operations: Koninklijke Heijmans N.V. generates revenue from its Connecting segment amounting to €871.03 million and Segment Adjustment totaling €1.83 billion.

Dividend Yield: 3.5%

Koninklijke Heijmans N.V. reported H1 2024 sales of €1.22 billion and net income of €37 million, both significantly up from the previous year. The dividend yield is relatively low at 3.46%, but dividends are well-covered by earnings (payout ratio: 30%) and cash flows (cash payout ratio: 20.7%). Despite a history of volatile dividends, payments have increased over the past decade, though recent share price volatility may concern some investors.

• Click here and access our complete dividend analysis report to understand the dynamics of Koninklijke Heijmans.
• In light of our recent valuation report, it seems possible that Koninklijke Heijmans is trading behind its estimated value.

Signify (ENXTAM:LIGHT)

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

Overview: Signify N.V. is a company that offers lighting products, systems, and services across Europe, the Americas, and internationally with a market cap of approximately €2.72 billion.

Operations: Signify N.V.'s revenue segments include €519 million from Conventional lighting.

Dividend Yield: 7.2%

Signify's dividend yield is among the top 25% in the Dutch market, supported by a cash payout ratio of 34.2%, indicating strong coverage by free cash flows. However, its dividend history has been unstable over the past eight years with volatility and inconsistent growth. Despite recent earnings growth—net income for Q2 2024 was €62 million compared to €41 million a year ago—the company was recently dropped from the FTSE All-World Index, which may raise concerns about its future stability.

• Click to explore a detailed breakdown of our findings in Signify's dividend report.
• Our expertly prepared valuation report Signify implies its share price may be lower than expected.

Make It Happen

• Reveal the 7 hidden gems among our Top Euronext Amsterdam Dividend Stocks screener with a single click here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Interested In Other Possibilities?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com