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Three High-Yield Dividend Stocks From Euronext Amsterdam Offering Up To 9.4%

As global markets exhibit mixed signals with the European Central Bank's recent rate cut and ongoing inflation concerns, investors are closely monitoring opportunities for stable returns. In this context, high-yield dividend stocks from Euronext Amsterdam present an appealing option for those seeking to enhance their portfolio's income stream amidst fluctuating market conditions.

Top 5 Dividend Stocks In The Netherlands

Name

Dividend Yield

Dividend Rating

Acomo (ENXTAM:ACOMO)

6.57%

★★★★★☆

ABN AMRO Bank (ENXTAM:ABN)

9.45%

★★★★☆☆

Randstad (ENXTAM:RAND)

4.80%

★★★★☆☆

Koninklijke KPN (ENXTAM:KPN)

4.27%

★★★★☆☆

Koninklijke Heijmans (ENXTAM:HEIJM)

4.45%

★★★★☆☆

Click here to see the full list of 5 stocks from our Top Euronext Amsterdam Dividend Stocks screener.

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Here we highlight a subset of our preferred stocks from the screener.

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 €13.32 billion.

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

Dividend Yield: 9.4%

ABN AMRO Bank has shown a mixed performance in dividend reliability, with unstable payments over the last 8 years and a recent increase. The bank trades at 62% below estimated fair value and maintains a low payout ratio of 47.9%, suggesting dividends are well-covered by earnings. However, earnings are expected to decline by an average of 12.4% annually over the next three years, potentially impacting future dividend sustainability. Recent strategic moves include discussions for selling its stake in Neuflize Vie and forming partnerships, which could marginally improve financial stability.

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

Koninklijke KPN

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

Overview: Koninklijke KPN N.V. is a telecommunications and IT services provider in the Netherlands, with a market capitalization of approximately €13.80 billion.

Operations: Koninklijke KPN N.V. generates revenue primarily through three segments: Business (€1.84 billion), Consumer (€2.93 billion), and Wholesale (€0.70 billion).

Dividend Yield: 4.3%

Koninklijke KPN's recent formation of TowerCo with ABP aligns with strategic goals to enhance digital infrastructure in the Netherlands, potentially boosting shareholder value. Despite a dividend yield of 4.27%, which is below the top Dutch payers, its dividends are adequately covered by earnings and cash flows, with payout ratios at 78.4% and 59.6% respectively. However, KPN has experienced volatility in dividend payments over the past decade, reflecting some instability in its commitment to consistent shareholder returns.

ENXTAM:KPN Dividend History as at Jun 2024
ENXTAM:KPN Dividend History as at Jun 2024

Randstad

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

Overview: Randstad N.V. specializes in offering a range of work and human resources services, with a market capitalization of approximately €8.42 billion.

Operations: Unfortunately, the provided text does not include specific details about Randstad N.V.'s revenue segments in monetary terms. Therefore, I cannot summarize this information accurately based on the current data provided.

Dividend Yield: 4.8%

Randstad N.V. experienced a decrease in sales to €5.94 billion and net income to €88 million in Q1 2024, reflecting potential challenges in maintaining its dividend sustainability. Despite this, the company's dividends are reasonably covered by earnings and cash flows, with payout ratios of 73.4% and 45.9%, respectively. However, Randstad has a history of volatile dividends over the past decade and offers a lower yield (4.8%) compared to top Dutch dividend payers (5.38%). The firm also completed significant share buybacks and fixed-income offerings recently, indicating active capital management.

ENXTAM:RAND Dividend History as at Jun 2024
ENXTAM:RAND Dividend History as at Jun 2024

Summing It All Up

Contemplating Other Strategies?

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:KPN and ENXTAM:RAND

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