Stock Analysis

Acomo And 2 Other Top Dividend Stocks On Euronext Amsterdam

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The Dutch stock market, much like its global counterparts, has faced recent turbulence due to weak U.S. economic data and concerns over growth. Despite these challenges, dividend stocks on Euronext Amsterdam continue to attract investors seeking stable returns. In this context, identifying quality dividend stocks becomes crucial as they offer a reliable income stream even during volatile market conditions.

Top 5 Dividend Stocks In The Netherlands

NameDividend YieldDividend Rating
Koninklijke Heijmans (ENXTAM:HEIJM)3.50%★★★★☆☆
Brunel International (ENXTAM:BRNL)5.94%★★★★☆☆
Signify (ENXTAM:LIGHT)7.22%★★★★☆☆
Randstad (ENXTAM:RAND)5.43%★★★★☆☆
Aalberts (ENXTAM:AALB)3.44%★★★★☆☆
Acomo (ENXTAM:ACOMO)6.77%★★★★☆☆

Click here to see the full list of 6 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

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

Acomo (ENXTAM:ACOMO)

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

Overview: Acomo N.V. and its subsidiaries source, trade, process, package, and distribute conventional and organic food ingredients for the food and beverage industry across the Netherlands, Europe, North America, and internationally with a market cap of €502.91 million.

Operations: Acomo N.V.'s revenue segments include Tea (€124.04 million), Edible Seeds (€246.52 million), Food Solutions (€23.47 million), Spices and Nuts (€445.76 million), and Organic Ingredients (€429.28 million).

Dividend Yield: 6.8%

Acomo N.V. reported H1 2024 sales of €668.2 million with net income dropping to €17.94 million from €22.16 million year-over-year, affecting its earnings per share which fell to €0.61 from €0.75. Despite a high dividend yield of 6.77%, Acomo's dividend reliability is questionable due to its high payout ratio (95.7%) and historical volatility in payments, though it remains covered by cash flows with a cash payout ratio of 51%.

ENXTAM:ACOMO Dividend History as at Aug 2024

Brunel International (ENXTAM:BRNL)

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

Overview: Brunel International N.V. offers secondment, project management, recruitment, and consultancy services across various global regions and has a market cap of €467.20 million.

Operations: Brunel International N.V. generates revenue through its secondment, project management, recruitment, and consultancy services across the Netherlands, Australasia, the Middle East, India, rest of Asia, the Americas, and the DACH region.

Dividend Yield: 5.9%

Brunel International's dividend yield of 5.94% ranks in the top 25% of Dutch market payers, with dividends covered by earnings (payout ratio: 87.6%) and cash flows (cash payout ratio: 78.9%). However, its dividend history is volatile and hasn't grown over the past decade. Recent H1 2024 results showed sales rising to €695.54 million, though net income slightly decreased to €14.94 million from €15.93 million year-over-year, reflecting stable but cautious financial performance amidst executive changes.

ENXTAM:BRNL Dividend History as at Aug 2024

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 €681.38 million.

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

Dividend Yield: 3.5%

Koninklijke Heijmans reported H1 2024 sales of €1.22 billion, up from €937 million a year ago, with net income rising to €37 million from €18 million. Despite earnings growth and a low payout ratio (30%), its dividend yield of 3.5% is below the top tier in the Dutch market, and its dividend history has been volatile over the past decade. However, dividends are well covered by both earnings and cash flows (cash payout ratio: 20.7%).

ENXTAM:HEIJM Dividend History as at Aug 2024

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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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