Euronext Amsterdam Dividend Stocks to Consider in July 2024

As global markets navigate a period of uncertainty with mixed performance across major indices, Euronext Amsterdam presents an intriguing landscape for investors considering dividend stocks in July 2024. In this context, it becomes crucial to understand the fundamental qualities that define resilient and potentially rewarding dividend stocks, especially in light of current economic dynamics and market sentiments.

Top 5 Dividend Stocks in the Netherlands

Name	Dividend yield	Dividend Rating
Acomo (ENXTAM:ACOMO)	6.53%	★★★★★☆
ABN AMRO Bank (ENXTAM:ABN)	9.58%	★★★★☆☆
To mean (ENXTAM:LIGHT)	6.27%	★★★★☆☆
Randstad (ENXTAM:RAND)	5.24%	★★★★☆☆
Reine Heijmans (ENXTAM:HEIJM)	4.35%	★★★★☆☆
Royal KPN (ENXTAM:KPN)	4.16%	★★★★☆☆

Click here to see the full list of 6 stocks in our Top Euronext Amsterdam Dividend Stocks screener.

Let’s take a closer look at some of our picks from the featured companies.

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

Preview: Koninklijke Heijmans NV is a Dutch company operating in the real estate development, construction and infrastructure sectors, both nationally and internationally, with a market capitalization of approximately EUR 548.59 million.

Operations: Koninklijke Heijmans NV generates revenues from several segments, including real estate (EUR 411.79 million), Van Wanrooij (EUR 124.76 million), infrastructure works (EUR 800.03 million) and construction and technology (EUR 1.08 billion).

Dividend yield: 4.4%

Koninklijke Heijmans has a mixed dividend profile. While the company’s dividends are supported by both earnings and cash flow, with payout ratios of 37.1% and 59% respectively, its dividend history has been marked by instability and volatility over the past decade. Despite a forecast of earnings growth of 10.21% per year, HEIJM’s current dividend yield of 4.35% remains below the top quartile of the Dutch market, which stands at 5.44%. In addition, the financial results were impacted by significant non-recurring items.

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

Preview: Signify NV operates globally and offers a range of lighting products, systems and services in Europe, the Americas and other regions, with a market capitalization of approximately EUR 3.12 billion.

Operations: Signify NV generates revenues mainly from its conventional lighting segment, totaling EUR 0.56 billion.

Dividend yield: 6.3%

Signify maintains a moderate dividend yield of 6.27%, ranking among the top 25% of Dutch dividend payers. Despite this attractive yield, the company’s dividend history is marred by inconsistency, with payments exhibiting some volatility over its 7-year dividend history. Financially, Signify’s dividends are well covered by earnings and cash flow, with payout ratios of 88.1% and 32.4%, respectively. Recent strategic initiatives include a partnership with Mercedes-AMG PETRONAS F1 Team to drive sustainability and technological innovation, as well as the completion of a share buyback program for EUR 11.9 million to meet long-term incentive plans.

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

Preview: Randstad NV specialises in providing a range of employment and human resources services, with a market capitalisation of approximately EUR 7.71 billion.

Operations: Randstad NV does not provide a detailed breakdown of its revenue segments in the text provided.

Dividend yield: 5.2%

In the first quarter, Randstad’s revenue fell from €6.52 billion to €5.94 billion compared to the previous year, and net profit fell from €154 million to €88 million. Despite this slowdown, the company is actively managing its capital through share buybacks, having recently repurchased 1.5 million shares for €75.28 million. Randstad’s dividend history shows some volatility over the past decade; however, dividends are currently supported by a reasonable payout ratio of 73.4% and a cash payout ratio of 45.9%. Its dividend yield stands at 5.28%, slightly below the top quartile of the Dutch market.

Key points to remember

• Access all 6 major dividend stocks on Euronext Amsterdam by clicking on this link.
• Already invested in these stocks? Stay on top of every twist and turn by creating a portfolio with Simply Wall St, where we make it easy for investors like you to stay informed and proactive.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it’s free and covers every market in the world.

Ready for a different approach?

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to constitute financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. Our goal is to provide you with focused, long-term analysis based on fundamental data. Please note that our analysis may not factor in the latest price-sensitive company announcements or qualitative information. Simply Wall St has no position in any of the stocks mentioned.

Do you have any comments on this article? Are you concerned about its content? Contact us directly. You can also send an email to [email protected]