ABN AMRO Bank N.V.

ABN AMRO, based in Amsterdam, is one of the Netherlands' largest banks, focused on retail and commercial banking at home after being rescued and part-nationalised in the financial crisis. The Dutch state has been steadily reducing its stake, returning the bank to private hands. ABN AMRO pays a high dividend, distributing a large share of profits and adding buybacks as it returns surplus capital, helped by higher interest rates. A generous yield backed by a focused domestic bank gives it a strong income profile, though the payout depends on the rate cycle and the Dutch economy.