Yahoo Finance Euronext Amsterdam Dividend Stocks To Watch In June 2024
As global markets continue to navigate through varying economic signals, the Netherlands' market remains a focal point for investors looking for stable dividend stocks. With recent shifts in monetary policies and economic indicators across Europe influencing market dynamics, dividend stocks in the Euronext Amsterdam could offer potential resilience and steady income streams amidst uncertainty. In such a climate, understanding what constitutes a strong dividend stock—such as solid financial health, consistent dividend history, and the ability to sustain payouts in different economic conditions—becomes crucial for investors aiming to enhance their portfolios.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Acomo (ENXTAM:ACOMO) | 6.66% | ★★★★★☆ |
ABN AMRO Bank (ENXTAM:ABN) | 9.78% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 5.03% | ★★★★☆☆ |
Signify (ENXTAM:LIGHT) | 6.59% | ★★★★☆☆ |
Koninklijke KPN (ENXTAM:KPN) | 4.19% | ★★★★☆☆ |
Koninklijke Heijmans (ENXTAM:HEIJM) | 4.49% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
ABN AMRO Bank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ABN AMRO Bank N.V. offers a range of banking products and financial services to retail, private, and business clients both in the Netherlands and globally, with a market capitalization of €12.86 billion.
Operations: ABN AMRO Bank N.V. generates its revenue primarily through three segments: Corporate Banking (€3.50 billion), Wealth Management (€1.59 billion), and Personal & Business Banking (€4.07 billion).
Dividend Yield: 9.8%
ABN AMRO Bank's recent strategic acquisitions, including the potential purchase of HSBC's German private bank, signify its expansion into Europe’s largest wealth management market. This move could increase its assets under management significantly. Financially, ABN reported a solid net income increase in Q1 2024 and maintains a reasonable payout ratio below 50%, supporting dividend sustainability despite an unstable track record. The bank also completed a substantial share buyback recently, enhancing shareholder value but reflecting mixed signals on long-term earnings growth projections.
Take a closer look at ABN AMRO Bank's potential here in our dividend report.
Our valuation report unveils the possibility ABN AMRO Bank's shares may be trading at a discount.
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 €14.08 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: 4.2%
Koninklijke KPN's recent strategic move to create TowerCo with ABP, holding a 51% stake and investing €120 million upfront, aims to optimize its infrastructure assets. This partnership could enhance long-term shareholder value by improving network flexibility and performance standards essential for new technologies like 5G. However, KPN's dividend history shows volatility with a current yield of 4.19%, below the top Dutch payers' average. Despite dividends being covered by earnings and cash flows, the fluctuating payout raises concerns about future reliability.
Signify
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Signify N.V. operates globally, offering a range of lighting products, systems, and services across Europe, the Americas, and other international markets with a market capitalization of approximately €2.97 billion.
Operations: Signify N.V. generates revenue primarily through its conventional segment, which accounted for €0.56 billion.
Dividend Yield: 6.6%
Signify's recent financial performance shows improvement with first-quarter sales at €1.47 billion and net income rising to €44 million. Despite this, the company's dividend history is marked by instability, having a volatile track record over the past seven years. Although its dividends are covered by earnings and cash flows, with a cash payout ratio of 32.4%, the unpredictability in payments may concern investors looking for stable returns. Additionally, Signify has engaged in share buybacks worth €11 million to meet obligations from employee share plans, further complicating its dividend sustainability outlook.
Where To Now?
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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:ABN ENXTAM:KPN and ENXTAM:LIGHT.
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