Yahoo Finance 3 Top Dividend Stocks On Euronext Amsterdam Offering Up To 9.9% Yield
Amid a backdrop of fluctuating global markets, the Euronext Amsterdam has remained a focal point for investors seeking reliable dividend yields. Given the current economic landscape, stocks that offer substantial dividends are particularly appealing as they provide potential income in addition to any capital gains.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Acomo (ENXTAM:ACOMO) | 6.48% | ★★★★★☆ |
ABN AMRO Bank (ENXTAM:ABN) | 9.64% | ★★★★☆☆ |
Van Lanschot Kempen (ENXTAM:VLK) | 9.94% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 4.53% | ★★★★☆☆ |
Koninklijke KPN (ENXTAM:KPN) | 4.34% | ★★★★☆☆ |
Koninklijke Heijmans (ENXTAM:HEIJM) | 4.89% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Koninklijke Heijmans
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors primarily in the Netherlands and abroad, with a market capitalization of approximately €488.23 million.
Operations: Koninklijke Heijmans N.V. generates revenue from several key segments: Real Estate (€411.79 million), Van Wanrooij (€124.76 million), Infrastructure Works (€800.03 million), and Construction & Technology (€1.08 billion).
Dividend Yield: 4.9%
Koninklijke Heijmans has a stable dividend coverage with a payout ratio of 37.1% and cash payout ratio of 59%, indicating that dividends are well-supported by both earnings and cash flows. Despite this, the dividend yield at 4.89% is below the top quartile in the Dutch market, and its dividend history over the past decade has been volatile with no consistent growth pattern. The stock is currently valued at 14.5% below estimated fair value, suggesting potential undervaluation. Recent financials show steady sales growth from €1.81 billion to €2.12 billion year-over-year, with net income remaining stable at €60 million.
Randstad
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 €8.92 billion.
Operations: Randstad N.V. specializes in human resources and work-related services, generating revenue through diverse HR solutions.
Dividend Yield: 4.5%
Randstad N.V. reported a decline in Q1 2024 sales to €5.94 billion and net income to €88 million, reflecting a challenging quarter. Despite this, the company has actively returned value to shareholders through significant share repurchases totaling €316.66 million since early 2023 and issuing €500 million in fixed-income securities at stable rates. Randstad's dividend history shows growth over the past decade but has been marked by volatility and unreliability, with current dividends covered by earnings at a payout ratio of 73.4% and cash flows at 45.9%. Trading below its estimated fair value suggests potential attractiveness relative to peers, though its dividend yield of 4.53% remains below the top quartile in the Dutch market.
Dive into the specifics of Randstad here with our thorough dividend report.
Our valuation report unveils the possibility Randstad's shares may be trading at a discount.
Van Lanschot Kempen
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Van Lanschot Kempen NV, operating both in the Netherlands and internationally, offers a range of financial services with a market capitalization of approximately €1.70 billion.
Operations: Van Lanschot Kempen NV generates revenue primarily through its Investment Banking Clients and Wholesale & Institutional Clients segments, contributing €41 million and €83.10 million respectively.
Dividend Yield: 9.9%
Van Lanschot Kempen, despite a short dividend history of less than 10 years, has shown a commitment to shareholder returns with a recent proposal to increase its dividend to €2.00 per share for 2023. The company's dividends are well-covered by earnings with a current payout ratio of 70.9%, and this is expected to remain stable at 66.6% in three years. Financially, Van Lanschot Kempen reported significant growth with net income rising to €125.2 million in 2023 from €84.16 million the previous year, supported by robust net interest income of €196.81 million. Additionally, the firm has actively managed its capital through debt refinancing and share buybacks, enhancing shareholder value while maintaining financial stability.
Taking Advantage
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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.
Companies discussed in this article include ENXTAM:HEIJM ENXTAM:RAND and ENXTAM:VLK.
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