Euronext Amsterdam Dividend Stocks To Watch In July 2024

As global markets respond to shifting economic indicators, the Euronext Amsterdam presents a unique landscape for investors interested in dividend stocks. With July 2024 on the horizon, understanding key market movements and their implications is crucial for identifying potential opportunities in this sector.

Top 5 Dividend Stocks In The Netherlands

Name	Dividend Yield	Dividend Rating
Acomo (ENXTAM:ACOMO)	6.50%	★★★★★☆
ABN AMRO Bank (ENXTAM:ABN)	9.51%	★★★★☆☆
Signify (ENXTAM:LIGHT)	6.25%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.11%	★★★★☆☆
Koninklijke KPN (ENXTAM:KPN)	4.10%	★★★★☆☆
Koninklijke Heijmans (ENXTAM:HEIJM)	3.64%	★★★★☆☆

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

Let's uncover some gems from our specialized screener.

Koninklijke Heijmans (ENXTAM:HEIJM)

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

Overview: Koninklijke Heijmans N.V. is a Dutch company involved in property development, construction, and infrastructure projects both domestically and internationally, with a market capitalization of approximately €655.89 million.

Operations: Koninklijke Heijmans N.V. generates revenue through its Real Estate segment (€411.79 million), Van Wanrooij joint venture (€124.76 million), Infrastructure Works (€800.03 million), and Construction & Technology operations (€1.08 billion).

Dividend Yield: 3.6%

Koninklijke Heijmans has shown a mixed performance in dividend sustainability, with a history of volatility in its dividend payments over the past decade. Despite this, dividends are currently well-supported by earnings and cash flows, with payout ratios of 37.1% and 59% respectively. However, its dividend yield of 3.64% is modest compared to the top Dutch dividend payers. The company's earnings have grown substantially by 19.4% annually over the past five years, and future growth is anticipated at 17.7% per year.

• Delve into the full analysis dividend report here for a deeper understanding of Koninklijke Heijmans.
• Insights from our recent valuation report point to the potential overvaluation of Koninklijke Heijmans shares in the market.

Signify (ENXTAM:LIGHT)

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

Overview: Signify N.V. offers a range of lighting products, systems, and services across Europe, the Americas, and other global markets, with a market capitalization of approximately €3.13 billion.

Operations: Signify N.V. generates revenue primarily through its conventional lighting products segment, which contributed €0.56 billion to its total earnings.

Dividend Yield: 6.2%

Signify's recent partnership with the Mercedes-AMG PETRONAS F1 Team underscores its commitment to sustainability and technological innovation, potentially enhancing its brand and market position. However, Signify's dividend history is marked by volatility, with significant annual fluctuations and a payout ratio of 88.1%, suggesting that while earnings currently cover dividends, stability may be a concern. The company has also engaged in share buybacks totaling €11 million to meet obligations from employee share plans, reflecting an active approach to capital management but also highlighting the challenges in maintaining consistent dividend growth.

• Click here to discover the nuances of Signify with our detailed analytical dividend report.
• The valuation report we've compiled suggests that Signify's current price could be quite moderate.

Randstad (ENXTAM:RAND)

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

Overview: Randstad N.V. specializes in offering a range of work and human resources services with a market capitalization of approximately €7.92 billion.

Operations: Randstad N.V. specializes in providing a variety of employment and HR services.

Dividend Yield: 5.1%

Randstad reported a decrease in Q1 sales to €5.94 billion from €6.52 billion year-over-year, with net income also falling to €88 million from €154 million. Despite these results, Randstad maintains a dividend coverage with a 73.4% payout ratio and a more secure 45.9% cash payout ratio. However, its dividend yield of 5.11% is below the Dutch market's top quartile at 5.4%, reflecting potential concerns about its attractiveness to dividend-focused investors amidst an unstable dividend history over the past decade.

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

Make It Happen

• Access the full spectrum of 6 Top Euronext Amsterdam Dividend Stocks by clicking on this link.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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.

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