Yahoo Finance Exploring Euronext Amsterdam Dividend Stocks In May 2024
As of May 2024, the Netherlands' financial markets reflect a cautious optimism seen across broader European indices, influenced by recent monetary policy statements from the European Central Bank. This backdrop provides a pertinent context for investors considering Euronext Amsterdam's dividend stocks, which are often valued for their potential to offer steady returns in various economic climates. In this environment, understanding what constitutes a robust dividend stock involves looking at company fundamentals such as consistent earnings, strong balance sheets, and a history of stable dividend payouts—qualities that can be particularly reassuring in uncertain economic times.
Top 5 Dividend Stocks In The Netherlands
Name | Dividend Yield | Dividend Rating |
Acomo (ENXTAM:ACOMO) | 6.57% | ★★★★★☆ |
ABN AMRO Bank (ENXTAM:ABN) | 9.55% | ★★★★☆☆ |
Van Lanschot Kempen (ENXTAM:VLK) | 9.94% | ★★★★☆☆ |
Randstad (ENXTAM:RAND) | 4.49% | ★★★★☆☆ |
Koninklijke KPN (ENXTAM:KPN) | 4.29% | ★★★★☆☆ |
Koninklijke Heijmans (ENXTAM:HEIJM) | 4.75% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Koninklijke Heijmans
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Koninklijke Heijmans N.V. operates in property development, construction, and infrastructure sectors primarily in the Netherlands and abroad, with a market capitalization of approximately €502.18 million.
Operations: Koninklijke Heijmans N.V. generates revenue through several segments, including Real Estate (€411.79 million), Van Wanrooij (€124.76 million), Infrastructure Works (€800.03 million), and Construction & Technology (€1.08 billion).
Dividend Yield: 4.8%
Koninklijke Heijmans has demonstrated a mixed performance in dividend reliability, with volatile payments over the past decade and a recent yield of 4.75%, lower than the top quartile of Dutch dividend stocks at 5.48%. Despite this, dividends are well-supported financially, evidenced by a sustainable earnings payout ratio of 37.1% and a cash payout ratio of 59%. Recent financials show steady sales growth to €2.12 billion in 2023 from €1.81 billion in the previous year, with stable net income at €60 million.
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 €13.73 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: 4.3%
Koninklijke KPN has shown a steady increase in earnings, growing at 13.6% annually over the past five years and is expected to grow by 7.45% per year moving forward. Despite this growth, its dividend yield of 4.29% lags behind the top Dutch dividend payers at 5.48%. Dividends have been inconsistent over the last decade, with a high payout ratio of 78.4% covered by both earnings and cash flows (59.6%). Recent financials reveal Q1 sales rising to €1.38 billion from €1.34 billion year-over-year, though net income fell from €196 million to €174 million.
Take a closer look at Koninklijke KPN's potential here in our dividend report.
Our valuation report here indicates Koninklijke KPN may be undervalued.
Van Lanschot Kempen
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Van Lanschot Kempen NV, operating both in the Netherlands and internationally, offers a range of financial services with a market capitalization of approximately €1.70 billion.
Operations: Van Lanschot Kempen NV generates revenue through its Investment Banking Clients and Wholesale & Institutional Clients segments, totaling approximately €41 million and €83.10 million respectively.
Dividend Yield: 9.9%
Van Lanschot Kempen has shown a notable increase in earnings, with net income rising to €125.2 million from €84.16 million year-over-year. The company's dividend has grown, proposing a payment of €2.00 per share for 2023, up from €1.75 the previous year. Despite this growth, the dividend history is relatively short at three years and the payout ratio stands at 70.9%, indicating dividends are covered by earnings but highlighting some concerns about long-term sustainability and stability in dividend policy.
Taking Advantage
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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:HEIJM ENXTAM:KPN and ENXTAM:VLK.
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