Euronext Amsterdam Dividend Stocks To Watch In July 2024 (2024)

As the global markets exhibit mixed signals with a particular emphasis on earnings and economic indicators, investors are closely monitoring shifts within major indices, including those in the Netherlands. Amidst this backdrop, dividend stocks on Euronext Amsterdam stand out as potential candidates for those looking to navigate through current market volatilities with possibly steadier returns.

Top 5 Dividend Stocks In The Netherlands

Click here to see the full list of 7 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

ABN AMRO Bank (ENXTAM:ABN)

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

Overview: ABN AMRO Bank N.V. offers a wide range of banking products and financial services to retail, private, and business clients across the Netherlands and globally, with a market capitalization of approximately €13.62 billion.

Operations: ABN AMRO Bank N.V. generates its revenues primarily through three segments: Corporate Banking (€3.50 billion), Wealth Management (€1.59 billion), and Personal & Business Banking (€4.07 billion).

Dividend Yield: 9.2%

ABN AMRO Bank's recent fixed-income offering of €747.23 million and strategic acquisitions, including a potential purchase of HSBC's German private bank, signify expansion and investment in wealth management. However, its dividend history is less stable, with payments showing volatility over the past 8 years despite being covered by earnings (47.9% payout ratio). The bank trades at 60.6% below estimated fair value but faces forecasted earnings decline averaging 11.3% annually over the next three years, raising concerns about future dividend sustainability and growth prospects.

• Click here to discover the nuances of ABN AMRO Bank with our detailed analytical dividend report.
• Our valuation report unveils the possibility ABN AMRO Bank's shares may be trading at a discount.

Koninklijke Heijmans (ENXTAM:HEIJM)

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

Overview: Koninklijke Heijmans N.V. is a Netherlands-based company involved in property development, construction, and infrastructure projects both domestically and internationally, with a market capitalization of approximately €0.71 billion.

Operations: Koninklijke Heijmans N.V. generates its revenue primarily through property development, construction, and infrastructure projects across the Netherlands and other international markets.

Dividend Yield: 3.4%

Koninklijke Heijmans N.V. recently reported a significant increase in sales to €1.22 billion and doubled its net income to €37 million for the first half of 2024, indicating robust financial health. Despite a solid earnings coverage with a payout ratio of 37.1%, the company's dividend yield at 3.37% remains below the Dutch market's top quartile average of 5.49%. Over the past decade, dividends have shown growth but also volatility, reflecting some inconsistency in payouts amidst a highly fluctuating share price over recent months.

• Get an in-depth perspective on Koninklijke Heijmans' performance by reading our dividend report here.
• Our comprehensive valuation report raises the possibility that Koninklijke Heijmans is priced lower than what may be justified by its financials.

Randstad (ENXTAM:RAND)

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

Overview: Randstad N.V. specializes in offering comprehensive solutions in work and human resources services, with a market capitalization of approximately €7.77 billion.

Operations: Randstad N.V. generates its revenue primarily through work and human resources services.

Dividend Yield: 5.1%

Randstad N.V. saw a decrease in both sales and net income in the first half of 2024, with sales dropping to €12.02 billion and net income falling to €166 million. Despite this downturn, the company maintains a reasonable cash payout ratio at 51.5%, ensuring dividends are covered by cash flows. However, Randstad's dividend track record has been unstable over the past decade, with dividends being volatile and its current yield of 5.15% lagging behind the top Dutch dividend payers.

• Navigate through the intricacies of Randstad with our comprehensive dividend report here.
• Our expertly prepared valuation report Randstad implies its share price may be lower than expected.

Seize The Opportunity

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Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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