Euronext Amsterdam Top Dividend Stocks July 2024 (2024)

Amidst a backdrop of fluctuating global markets and heightened trade tensions, the Euronext Amsterdam continues to present opportunities for investors seeking stable returns through dividend stocks. Given the current market dynamics, focusing on companies with strong dividend histories could be a prudent strategy for those looking to navigate these uncertain times.

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.

Let's explore several standout options from the results in the screener.

ABN AMRO Bank (ENXTAM:ABN)

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 €13.54 billion.

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

Dividend Yield: 9.3%

ABN AMRO Bank, with a dividend yield of 9.29%, ranks in the top 25% for dividend payers in the Dutch market but has shown volatility in its dividend payments over the past eight years. Despite this, dividends are currently well-covered by earnings with a payout ratio of 47.9%. Recent strategic expansions into Germany's wealth management sector through acquisitions could influence future financial stability and asset management growth, although earnings are forecasted to decline annually by 11.3% over the next three years.

• Click to explore a detailed breakdown of our findings in ABN AMRO Bank's dividend report.
• Our expertly prepared valuation report ABN AMRO Bank implies its share price may be lower than expected.

Koninklijke KPN (ENXTAM:KPN)

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

Overview: Koninklijke KPN N.V. operates as a telecommunications and information technology services provider in the Netherlands, with a market capitalization of approximately €14.77 billion.

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

Dividend Yield: 4%

Koninklijke KPN has recently enhanced its strategic position by securing a significant spectrum for 5G expansion at €58.4 million and forming a tower company with Dutch pension fund ABP, reflecting its commitment to bolstering digital infrastructure in the Netherlands. Despite these advancements, KPN's dividend yield of 3.99% remains modest compared to top Dutch dividend stocks. The dividends are supported by earnings and cash flows, with payout ratios of 78.4% and 59.6%, respectively, indicating sustainability despite past volatility in dividend payments. Recent share buybacks totaling €200 million demonstrate ongoing shareholder value focus; however, high debt levels persist as a financial caution.

• Unlock comprehensive insights into our analysis of Koninklijke KPN stock in this dividend report.
• Our valuation report here indicates Koninklijke KPN may be undervalued.

Van Lanschot Kempen (ENXTAM:VLK)

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 primarily through its Investment Banking Clients and Wholesale & Institutional Clients segments, which contribute €41 million and €83.10 million respectively.

Dividend Yield: 10%

Van Lanschot Kempen, with a dividend yield of €9.95, ranks in the top 25% of Dutch dividend payers. The company's dividends are well-supported by earnings, with a current payout ratio of 70.9% and a forecasted coverage in three years at 84.6%. Despite its robust yield and value metrics—trading below the Dutch market average P/E ratio at 12.9x—VLK has only been distributing dividends for three years and shows an unstable dividend track record, which might concern long-term investors looking for established consistency.

• Click here to discover the nuances of Van Lanschot Kempen with our detailed analytical dividend report.
• The analysis detailed in our Van Lanschot Kempen valuation report hints at an deflated share price compared to its estimated value.

Turning Ideas Into Actions

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Contemplating Other Strategies?

• 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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