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Euronext Amsterdam Dividend Stocks To Watch In July 2024

Amidst a backdrop of fluctuating European markets and rising bond yields ahead of key elections, investors are keenly watching the Euronext Amsterdam for dividend-paying opportunities. In this climate, understanding the resilience and historical performance of dividend stocks becomes crucial for those looking to navigate through uncertain economic waters.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Acomo (ENXTAM:ACOMO)

6.68%

★★★★★☆

ABN AMRO Bank (ENXTAM:ABN)

9.84%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.39%

★★★★☆☆

Signify (ENXTAM:LIGHT)

6.65%

★★★★☆☆

Koninklijke Heijmans (ENXTAM:HEIJM)

4.66%

★★★★☆☆

Koninklijke KPN (ENXTAM:KPN)

4.19%

★★★★☆☆

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

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

Acomo

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

Overview: Acomo N.V. operates in the sourcing, trading, processing, packaging, and distributing of conventional and organic food ingredients for the food and beverage industry across Europe, North America, and other global markets with a market capitalization of approximately €510.02 million.

Operations: Acomo N.V. generates revenue through various segments, including Tea (€120.62 million), Edible Seeds (€257.29 million), Food Solutions (€24.07 million), Spices and Nuts (€429.96 million), and Organic Ingredients (€436.38 million).

Dividend Yield: 6.7%

ACOMO's dividend sustainability is underpinned by a solid earnings coverage with a payout ratio of 85.7% and robust cash flow support, evidenced by a cash payout ratio of 26.1%. However, the dividend track record over the past decade has been unstable and volatile, reflecting inconsistency in payments. Despite trading at 53.7% below its estimated fair value, ACOMO's high debt levels may raise concerns about its financial agility in maintaining or growing dividends consistently.

ENXTAM:ACOMO Dividend History as at Jul 2024
ENXTAM:ACOMO Dividend History as at Jul 2024

Koninklijke Heijmans

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

Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors primarily in the Netherlands, with a market capitalization of approximately €0.51 billion.

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

Dividend Yield: 4.7%

Koninklijke Heijmans has seen a 19.4% annual earnings growth over the past five years, supporting its dividends with a payout ratio of 37.1% and cash payout ratio of 59%. However, its dividend yield at 4.66% falls short compared to top Dutch payers at 5.57%. Despite a decade of dividend increases, payments have been volatile, indicating some inconsistency in returns to shareholders. Additionally, earnings are projected to grow by 10.21% annually moving forward.

ENXTAM:HEIJM Dividend History as at Jul 2024
ENXTAM:HEIJM Dividend History as at Jul 2024

Koninklijke KPN

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

Overview: Koninklijke KPN N.V. is a telecommunications and IT service provider operating primarily in the Netherlands, with a market capitalization of approximately €14.07 billion.

Operations: Koninklijke KPN N.V. generates revenue from several segments, with Consumer contributing €2.93 billion, Business adding €1.84 billion, and Wholesale providing €0.70 billion.

Dividend Yield: 4.2%

Koninklijke KPN's recent strategic moves, including a €498.41 million fixed-income offering and the creation of TowerCo with ABP, aim to bolster its infrastructure and shareholder value. Despite a volatile dividend history and a current yield of 4.19%, which is below the top Dutch payers' average, dividends are supported by earnings with a payout ratio of 78.4% and cash flows at 59.6%. The company's earnings have grown by 13.6% annually over the past five years, with future growth projected at 7.27% per year.

ENXTAM:KPN Dividend History as at Jul 2024
ENXTAM:KPN Dividend History as at Jul 2024

Key Takeaways

  • Investigate our full lineup of 6 Top Euronext Amsterdam Dividend Stocks right 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.

  • Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Looking For Alternative Opportunities?

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.

Companies discussed in this article include ENXTAM:ACOMO ENXTAM:HEIJM and ENXTAM:KPN.

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