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Three High-Yield Dividend Stocks From Euronext Amsterdam Offering Up To 9.6%

Amid a backdrop of fluctuating European markets and rising bond yields, investors are increasingly seeking stable returns, making high-yield dividend stocks from Euronext Amsterdam particularly attractive. These stocks offer a compelling combination of yield and potential resilience against the broader market's volatility.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Acomo (ENXTAM:ACOMO)

6.59%

★★★★★☆

ABN AMRO Bank (ENXTAM:ABN)

9.61%

★★★★☆☆

Randstad (ENXTAM:RAND)

5.32%

★★★★☆☆

Signify (ENXTAM:LIGHT)

6.54%

★★★★☆☆

Koninklijke Heijmans (ENXTAM:HEIJM)

4.54%

★★★★☆☆

Koninklijke KPN (ENXTAM:KPN)

4.18%

★★★★☆☆

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

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Let's review some notable picks from our screened stocks.

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 approximately €13.05 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: 9.6%

ABN AMRO Bank's dividend strategy shows a balance of opportunities and challenges. The bank's dividends are currently well covered by earnings with a payout ratio of 47.9%, and this trend is expected to continue over the next three years at 48.5%. However, despite recent growth in dividend payments, ABN has a relatively short history of dividend distribution—only eight years—and the payouts have been volatile during this period. Additionally, earnings are projected to decline annually by 11.1% over the next three years, which could pressure future dividends despite current coverage levels. Recent strategic acquisitions aimed at expanding its wealth management footprint in Germany indicate potential for asset growth but also underscore operational risks and integration challenges that could impact profitability and thereby dividend sustainability.

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

Acomo

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

Overview: Acomo N.V. operates in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients for the food and beverage industry globally, with a market capitalization of approximately €514.16 million.

Operations: Acomo N.V. generates its revenue primarily through 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: 6.6%

ACOMO's dividend yield stands at 6.59%, ranking in the top 25% of Dutch dividend payers. Despite a high payout ratio of 85.7%, dividends are supported by earnings and further backed by a cash payout ratio of just 26.1%. However, ACOMO's dividend history over the past decade shows instability with significant annual fluctuations exceeding 20%. Additionally, its financial position is burdened by a high level of debt, which may pose risks to future dividend reliability and growth.

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. is a Dutch company involved in property development, construction, and infrastructure projects both domestically and internationally, with a market capitalization of approximately €521.49 million.

Operations: Koninklijke Heijmans N.V. generates revenue through its Real Estate, Van Wanrooij, Infrastructure Works, and Construction & Technology segments with earnings of €411.79 million, €124.76 million, €800.03 million, and €1.08 billion respectively.

Dividend Yield: 4.5%

Koninklijke Heijmans trades at a 9.4% discount to its estimated fair value, with dividends well-covered by earnings and cash flows, showing payout ratios of 37.1% and 59% respectively. While the dividend yield of 4.54% is below the Dutch market's top quartile, HEIJM has increased its dividend payments over the past decade. However, these payments have been inconsistent and unreliable, marked by significant volatility and an unstable track record over the same period. Earnings are projected to grow by 10.21% annually.

ENXTAM:HEIJM Dividend History as at Jul 2024
ENXTAM:HEIJM Dividend History as at Jul 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:ABNENXTAM:ACOMO ENXTAM:HEIJM and .

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