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3 High-Yield Dividend Stocks On Euronext Amsterdam Offering Up To 6.5%

Amid a backdrop of fluctuating global markets, the Netherlands' Euronext Amsterdam has shown resilience, offering opportunities for investors seeking stable returns through high-yield dividend stocks. In light of current market conditions where cautious optimism prevails due to potential policy shifts in major economies, selecting stocks with robust dividends can be a prudent strategy for those looking to enhance their portfolio's income stream.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Acomo (ENXTAM:ACOMO)

6.53%

★★★★★☆

ABN AMRO Bank (ENXTAM:ABN)

9.05%

★★★★☆☆

Randstad (ENXTAM:RAND)

4.49%

★★★★☆☆

Koninklijke Heijmans (ENXTAM:HEIJM)

4.99%

★★★★☆☆

Koninklijke KPN (ENXTAM:KPN)

4.36%

★★★★☆☆

Click here to see the full list of 5 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

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Below we spotlight a couple of our favorites from our exclusive screener.

Acomo

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

Overview: Acomo N.V. operates in sourcing, trading, processing, packaging, and distributing food ingredients for the food and beverage industry across Europe, North America, and globally with a market capitalization of approximately €521.27 million.

Operations: Acomo N.V. generates its revenue primarily from five segments: 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: 6.5%

ACOMO's dividend profile shows a blend of strengths and concerns. While the dividends are supported by earnings with a payout ratio of 85.7% and strongly covered by cash flows at 26.1%, their history over the past decade has been marked by volatility and unreliability, including significant annual drops. Trading at 52.7% below its estimated fair value, ACOMO offers an attractive entry point despite its high level of debt and recent declines in sales from €1.42 billion to €1.27 billion year-over-year, alongside a drop in net income from €54.68 million to €39.73 million.

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

Koninklijke KPN

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

Overview: Koninklijke KPN N.V. is a telecommunications and IT service provider in the Netherlands, with a market capitalization of approximately €13.55 billion.

Operations: Koninklijke KPN N.V. generates revenue through three primary segments: Business (€1.84 billion), Consumer (€2.93 billion), and Wholesale (€0.70 billion).

Dividend Yield: 4.4%

Koninklijke KPN's dividend yield at 4.36% trails behind the top Dutch dividend payers. Despite a volatile decade for dividends, recent financials show stability with a payout ratio of 78.4% supported by earnings and a cash payout ratio of 59.6%. However, its recent quarterly report indicates a slight decline in net income and EPS compared to the previous year, alongside modest sales growth from €1.34 billion to €1.38 billion, reflecting potential challenges in sustaining dividend growth amidst fluctuating earnings.

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

Randstad

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

Overview: Randstad N.V. specializes in offering a wide range of work and human resources (HR) services, with a market capitalization of approximately €8.99 billion.

Operations: Randstad N.V. does not provide specific revenue segment details in the provided text.

Dividend Yield: 4.5%

Randstad N.V. reported a decrease in Q1 2024 sales to €5.94 billion and net income to €88 million, impacting its EPS, which fell to €0.48 from €0.83 year-over-year. Despite this downturn, the company maintains a dividend supported by a 73.4% earnings payout ratio and a cash payout ratio of 45.9%. However, Randstad's dividend history is marked by instability over the past decade, with recent share buybacks totaling €316.66 million underlining efforts to return value to shareholders amidst fluctuating financial performance.

ENXTAM:RAND Dividend History as at May 2024
ENXTAM:RAND Dividend History as at May 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.

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

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