Dividend Stocks On Euronext Amsterdam To Consider In October 2024

As geopolitical tensions in the Middle East escalate and European markets experience caution, investors are increasingly looking towards stable dividend stocks to provide consistent returns amidst uncertainty. With the pan-European STOXX Europe 600 Index recently ending lower due to these concerns, dividend-paying stocks on Euronext Amsterdam offer a compelling option for those seeking reliable income streams in volatile times. In such an environment, a good dividend stock is one that not only offers attractive yields but also demonstrates resilience through strong fundamentals and consistent payout histories.

Top 5 Dividend Stocks In The Netherlands

Name	Dividend Yield	Dividend Rating
Koninklijke Heijmans (ENXTAM:HEIJM)	3.24%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.12%	★★★★☆☆
ABN AMRO Bank (ENXTAM:ABN)	9.61%	★★★★☆☆
Signify (ENXTAM:LIGHT)	6.97%	★★★★☆☆
Aalberts (ENXTAM:AALB)	3.28%	★★★★☆☆
ING Groep (ENXTAM:INGA)	7.07%	★★★★☆☆
Acomo (ENXTAM:ACOMO)	6.54%	★★★★☆☆

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

Let's dive into some prime choices out of the screener.

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 €737.71 million.

Operations: Koninklijke Heijmans N.V.'s revenue segments include €871.03 million from Connecting and €1.83 billion from Segment Adjustment.

Dividend Yield: 3.2%

Koninklijke Heijmans offers a mixed picture for dividend investors. While its dividends are well covered by earnings and cash flows, with payout ratios of 30% and 20.7% respectively, its dividend yield of 3.24% is below the top tier in the Dutch market. Despite recent earnings growth—sales rose to €1.22 billion in H1 2024—the company's dividend history has been volatile over the past decade, raising concerns about reliability despite recent increases.

• Dive into the specifics of Koninklijke Heijmans here with our thorough dividend report.
• Upon reviewing our latest valuation report, Koninklijke Heijmans' share price might be too pessimistic.

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 €2.81 billion.

Operations: Signify N.V.'s revenue is primarily derived from its Conventional segment, which accounts for €519 million.

Dividend Yield: 7.0%

Signify's dividend yield of 6.97% ranks in the top 25% in the Dutch market, though its track record is unstable with volatile payments over eight years. Despite this, dividends are well covered by earnings and cash flows, with payout ratios of 80.4% and 34.2%, respectively. Recent earnings showed improvement, with Q2 net income rising to €62 million from €41 million year-on-year; however, Signify was recently dropped from the FTSE All-World Index.

• Click here to discover the nuances of Signify with our detailed analytical dividend report.
• In light of our recent valuation report, it seems possible that Signify is trading behind its estimated value.

Randstad (ENXTAM:RAND)

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

Overview: Randstad N.V. is a company that offers solutions in work and human resources services, with a market cap of approximately €7.82 billion.

Operations: Randstad N.V. generates revenue through its comprehensive range of HR services and work solutions.

Dividend Yield: 5.1%

Randstad's dividend yield of 5.12% is below the top quartile in the Dutch market, and its dividends have been unreliable over the past decade. However, dividends are covered by earnings and cash flows, with payout ratios of 81.3% and 51.5%, respectively. Despite a decline in recent earnings, Randstad's strategic partnership with iZafe Group AB could enhance future prospects through innovative healthcare solutions in Norway, potentially supporting long-term dividend sustainability amidst ongoing share buybacks totaling €399.95 million.

• Get an in-depth perspective on Randstad's performance by reading our dividend report here.
• Our valuation report here indicates Randstad may be undervalued.

Taking Advantage

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Ready For A Different Approach?

• 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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