In May 2024, Euronext Amsterdam is currently experiencing a surge in interest in dividend stocks amidst the fluctuating global economic conditions. This trend comes as investors are increasingly seeking stable returns in a landscape characterized by various central bank policies and economic uncertainties across Europe.
Investors looking for good dividend stocks should focus on companies with consistent payout histories, strong financial health, and the ability to maintain or increase dividends even during economic downturns. These qualities are attractive as they provide investors with a sense of predictability and security in the midst of market volatility.
Here are the top 5 dividend stocks in the Netherlands:
1. Acomo (ENXTAM:ACOMO) – Dividend Yield: 6.52%
2. ABN AMRO Bank (ENXTAM:ABN) – Dividend Yield: 9.60%
3. Van Lanschot Kempen (ENXTAM:VLK) – Dividend Yield: 9.99%
4. Randstad (ENXTAM:RAND) – Dividend Yield: 4.51%
5. Koninklijke KPN (ENXTAM:KPN) – Dividend Yield: 4.33%
Koninklijke Heijmans N.V. is one of the top dividend stocks in the Netherlands. The company operates in property development, construction, and infrastructure sectors primarily in the Netherlands and abroad, with a market capitalization of approximately €487.16 million.
Despite some volatility in its dividend history over the past decade, Koninklijke Heijmans maintains a low payout ratio of 37.1% and a reasonable cash payout ratio of 59%. With annual earnings growth of 19.4% over five years and an upcoming stock split, the company shows potential for future stability and growth in shareholder value.
Randstad N.V. specializes in work and human resources services, with a market capitalization of approximately €8.96 billion. While the company has a history of unstable dividends, its payouts are sustainable with a payout ratio of 73.4% and a cash payout ratio of 45.9%. Recent financials show a dip in sales and net income, which may impact future dividend reliability.
Van Lanschot Kempen NV offers financial services in the Netherlands and internationally, with a market capitalization of approximately €1.69 billion. The company has shown significant profit growth and consistently raised its dividend payout, with a current payout ratio of 70.9%. Despite a relatively short and unstable dividend history, dividends are well-covered by earnings, which are forecasted to grow annually.
Overall, investing in dividend stocks can provide investors with a degree of predictability and security in volatile market conditions. It is essential to conduct thorough research and analysis before making investment decisions in order to maximize returns and minimize risks.