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In the face of recent challenges, such as weak trade data from China impacting the FTSE 100 and a global economic slowdown, UK investors are increasingly looking towards dividend stocks for stability and income. Amidst these turbulent market conditions, identifying strong dividend-paying companies with resilient business models can be an effective strategy to weather economic uncertainties while potentially benefiting from regular income streams.
Top 10 Dividend Stocks In The United Kingdom
Name | Dividend Yield | Dividend Rating |
Pets at Home Group (LSE:PETS) | 6.27% | ★★★★★★ |
Keller Group (LSE:KLR) | 3.48% | ★★★★★☆ |
OSB Group (LSE:OSB) | 8.26% | ★★★★★☆ |
Dunelm Group (LSE:DNLM) | 8.12% | ★★★★★☆ |
Man Group (LSE:EMG) | 6.10% | ★★★★★☆ |
DCC (LSE:DCC) | 3.67% | ★★★★★☆ |
Big Yellow Group (LSE:BYG) | 4.73% | ★★★★★☆ |
Grafton Group (LSE:GFTU) | 4.03% | ★★★★★☆ |
Livermore Investments Group (AIM:LIV) | 6.20% | ★★★★★☆ |
James Latham (AIM:LTHM) | 6.75% | ★★★★★☆ |
Click here to see the full list of 62 stocks from our Top UK Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Big Yellow Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Big Yellow Group is the UK's leading brand in self storage, with a market cap of £1.87 billion.
Operations: Big Yellow Group generates its revenue primarily from the provision of self storage and related services, amounting to £203.01 million.
Dividend Yield: 4.7%
Big Yellow Group offers a stable dividend profile with reliable payments over the past decade and a current yield of 4.73%, though below the top UK payers. The payout ratios are sustainable, covered by both earnings (76.8%) and cash flows (77.5%). Despite forecasted earnings decline, recent results show revenue growth to £102.96 million and net income increase to £145.65 million for H1 2024, supporting its interim dividend continuity at 22.6 pence per share.
Dunelm Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Dunelm Group plc operates as a retailer of homewares in the United Kingdom, with a market capitalization of £1.96 billion.
Operations: Dunelm Group plc generates its revenue primarily through the retail of homewares in the United Kingdom, amounting to £1.71 billion.
Dividend Yield: 8.1%
Dunelm Group's dividend yield of 8.12% places it among the top UK payers, though its past decade has seen volatility and unreliability. The company's dividends are covered by earnings (payout ratio: 58.2%) and cash flows (cash payout ratio: 79.6%), indicating sustainability despite an unstable track record. Trading at a significant discount to fair value, recent sales growth to £403 million suggests potential for future stability in dividend payments amidst market challenges.