3 UK Dividend Stocks Offering Yields From 3.6% To 4.6%

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As global markets experience fluctuations, with the FTSE 100 poised to open lower and broader economic indicators showing mixed signals, investors are closely monitoring developments. In such a climate, dividend stocks in the United Kingdom can offer a relatively stable avenue for those looking to generate income from their investments amidst prevailing market volatility and economic uncertainty.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

Record (LSE:REC)

8.00%

★★★★★★

Dunelm Group (LSE:DNLM)

7.58%

★★★★★☆

Keller Group (LSE:KLR)

3.95%

★★★★★☆

Plus500 (LSE:PLUS)

6.06%

★★★★★☆

Rio Tinto Group (LSE:RIO)

6.01%

★★★★★☆

Grafton Group (LSE:GFTU)

3.70%

★★★★★☆

NWF Group (AIM:NWF)

3.58%

★★★★★☆

James Latham (AIM:LTHM)

3.01%

★★★★★☆

Hargreaves Services (AIM:HSP)

6.41%

★★★★★☆

Big Yellow Group (LSE:BYG)

4.01%

★★★★★☆

Click here to see the full list of 54 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Wynnstay Group

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

Overview: Wynnstay Group Plc is a UK-based company that manufactures and supplies agricultural products, with a market capitalization of approximately £88.53 million.

Operations: Wynnstay Group Plc generates its revenue primarily through two segments: Agriculture, which brought in £584.31 million, and Specialist Agricultural Merchanting, contributing £151.48 million.

Dividend Yield: 4.5%

Wynnstay Group offers a stable dividend yield of 4.48%, which is lower than the top UK dividend payers. The dividends are well-supported, with a payout ratio of 56.1% and cash payout ratio of 34.6%, indicating sustainability from both earnings and cash flow perspectives. However, recent executive changes with CEO Gareth Davies taking leave could introduce some uncertainty in leadership stability, potentially impacting future performance and strategic decisions.

AIM:WYN Dividend History as at May 2024
AIM:WYN Dividend History as at May 2024

Grafton Group

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

Overview: Grafton Group plc operates in distribution, retailing, and manufacturing across Ireland, the Netherlands, Finland, and the United Kingdom with a market capitalization of approximately £1.95 billion.

Operations: Grafton Group plc generates revenue through various segments including UK Distribution (£818.11 million), Ireland Distribution (£631.03 million), Netherlands Distribution (£351.47 million), Finland Distribution (£139.78 million), Retailing (£258.20 million), and Manufacturing (£135.30 million).