Exploring Euronext Amsterdam Dividend Stocks in May 2024

In May 2024, Dutch financial markets reflected cautious optimism seen in broader European indices, influenced by the European Central Bank’s recent monetary policy statements. This scenario provides a pertinent context for investors to consider Euronext Amsterdam dividend stocks, which are often valued for their potential to deliver stable returns in various economic climates. In this environment, understanding what constitutes a robust dividend stock involves looking at the company’s fundamentals, such as consistent earnings, solid balance sheets and a history of stable dividend payments – qualities that can be particularly reassuring in uncertain economic times.

Top 5 dividend stocks in the Netherlands

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

Let’s check out some of the best options from our screening tool.

Simply Wall St Dividend Ranking: ★★★★☆☆

Overview: Koninklijke Heijmans NV operates in the real estate development, construction and infrastructure sectors, mainly in the Netherlands and abroad, with a market capitalization of approximately €502.18 million.

Operations: Koninklijke Heijmans NV generates revenue through several segments, including Real Estate (411.79 million euros), Van Wanrooij (124.76 million euros), Infrastructure Works (800.03 million euros) and Construction and Technology (1 .08 billion euros).

Dividend Yield: 4.8%

Koninklijke Heijmans has demonstrated 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 of 5.48%. Despite this, the dividends are financially well supported, evidenced by a sustainable profit payout ratio of 37.1% and a cash payout ratio of 59%. Recent financial data shows steady growth in sales to €2.12 billion in 2023, compared to €1.81 billion in the previous year, with net profit stable at €60 million.

ENXTAM:HEIJM Dividend History May 2024

Simply Wall St Dividend Ranking: ★★★★☆☆

Overview: Koninklijke KPN NV is a provider of telecommunications and IT services in the Netherlands with a market capitalization of approximately €13.73 billion.

The story continues

Operations: Koninklijke KPN NV generates revenue through three main 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 profits, growing 13.6% per year over the past five years and is expected to grow 7.45% per year going forward. Despite this growth, its dividend yield of 4.29% lags behind the main Dutch dividend payers of 5.48%. Dividends have been inconsistent over the last decade, with a high payout ratio of 78.4% covered by both profits and cash flows (59.6%). Recent financial data reveals that first-quarter sales increased to €1.38 billion, up from €1.34 billion year-on-year, although net profit fell from €196 million to €174 million .

ENXTAM:KPN Dividend History May 2024

Simply Wall St Dividend Ranking: ★★★★☆☆

Overview: Van Lanschot Kempen NV, which operates 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 revenues through its Investment Banking Clients and Wholesale and Institutional Clients segments, totaling approximately €41 million and €83.10 million, respectively.

Dividend Yield: 9.9%

Van Lanschot Kempen reported a notable increase in profits, with net profit rising to €125.2 million from €84.16 million year on year. The company’s dividend grew, proposing a payment of 2.00 euros per share for 2023, up from 1.75 euros the previous year. Despite this growth, the dividend history is relatively short at three years and the payout ratio is 70.9%, indicating that the dividends are covered by profits, but highlighting some concerns about long-term sustainability and stability in dividend policy.

ENXTAM:VLK Dividend history in May 2024

Taking advantage

Ready to venture into other investment styles?

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only 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 into account your objectives or financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St has no position in any of the stocks mentioned.

Companies discussed in this article include ENXTAM:HEIJM ENXTAM:KPN It is ENXTAM:VLK.

Do you have feedback on this article? Worried about the content? Get in touch with us directly. Alternatively, send an email editorial-team@simplywallst.com

Fuente