Yahoo Finanza Top Three Dividend Stocks On Euronext Amsterdam In July 2024
As European markets navigate through a period of political uncertainty and fluctuating bond yields, investors are keenly watching for stable investment opportunities. In this context, dividend stocks on Euronext Amsterdam present an appealing option for those looking to balance potential risks with returns in July 2024. A good dividend stock typically offers the dual benefits of steady income through dividends and the potential for capital appreciation. Given the current economic climate, such stocks could be particularly valuable for investors seeking to mitigate volatility while maintaining a stream of income.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Acomo (ENXTAM:ACOMO) | 6.58% | ★★★★★☆ |
ABN AMRO Bank (ENXTAM:ABN) | 9.57% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 5.28% | ★★★★☆☆ |
Signify (ENXTAM:LIGHT) | 6.44% | ★★★★☆☆ |
Koninklijke Heijmans (ENXTAM:HEIJM) | 4.44% | ★★★★☆☆ |
Koninklijke KPN (ENXTAM:KPN) | 4.17% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
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 €13.14 billion.
Operations: ABN AMRO Bank N.V. generates 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 has shown a mixed performance in dividend reliability, with an unstable track record over its 8-year history of dividend payments. Despite this volatility, the dividends are currently well-covered by earnings with a payout ratio of 47.9%, and forecast to remain covered in the next three years at 48.5%. The bank's recent strategic moves include potential expansion into Germany's wealth management sector through acquisitions, enhancing its asset base significantly which could influence future profitability and sustainability of dividends.
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 €537.86 million.
Operations: Koninklijke Heijmans N.V. generates revenue through three primary segments: Real Estate (€411.79 million), Infrastructure Works (€800.03 million), and Construction & Technology (€1.08 billion).
Dividend Yield: 4.4%
Koninklijke Heijmans trades at €9.4% below our estimated fair value, making it an attractive buy for value seekers. Despite a dividend yield of 4.54%, which is lower than the Dutch market's top quartile at 5.49%, its dividends are sustainably covered by earnings and cash flows, with payout ratios of 37.1% and 59% respectively. However, investors should note the volatility in dividend payments over the past decade and a recent shareholder dilution within the last year, alongside a forecasted annual earnings growth of 10.21%.
Signify
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Signify N.V. operates globally, offering lighting products, systems, and services across Europe, the Americas, and other regions, with a market capitalization of approximately €3.04 billion.
Operations: Signify N.V. generates revenue primarily through its conventional segment, which amounted to €0.56 billion.
Dividend Yield: 6.4%
Signify's dividend yield of 6.54% ranks in the top 25% in the Dutch market, supported by a payout ratio of 88.1% and a cash payout ratio of 32.4%, ensuring dividends are well-covered by earnings and cash flows despite its short dividend history and past volatility. Recent strategic moves include a partnership with Mercedes-AMG PETRONAS F1 Team to enhance sustainability and technological innovation, alongside completing a share buyback for €11.9 million, signaling confidence in its financial health.
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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:HEIJM and ENXTAM:LIGHT.
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