3 UK Dividend Stocks With Yields Up To 7.0%

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As the UK market faces challenges from weak global cues and faltering trade data from China, the FTSE 100 has seen some downward pressure, reflecting broader economic uncertainties. In such an environment, dividend stocks can offer investors a measure of stability and income potential, making them an attractive option for those seeking to navigate these turbulent times.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

James Latham (AIM:LTHM)

6.13%

★★★★★★

Impax Asset Management Group (AIM:IPX)

7.77%

★★★★★☆

4imprint Group (LSE:FOUR)

3.05%

★★★★★☆

OSB Group (LSE:OSB)

9.02%

★★★★★☆

Plus500 (LSE:PLUS)

6.43%

★★★★★☆

Man Group (LSE:EMG)

6.38%

★★★★★☆

Dunelm Group (LSE:DNLM)

6.78%

★★★★★☆

DCC (LSE:DCC)

3.89%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.74%

★★★★★☆

Grafton Group (LSE:GFTU)

3.65%

★★★★★☆

Click here to see the full list of 60 stocks from our Top UK Dividend Stocks screener.

We'll examine a selection from our screener results.

Arbuthnot Banking Group

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

Overview: Arbuthnot Banking Group PLC, along with its subsidiaries, offers private and commercial banking products and services in the United Kingdom, with a market capitalization of £149.42 million.

Operations: Arbuthnot Banking Group PLC generates revenue through several segments, including Wealth Management (£12.32 million), Asset Alliance Group (£14.81 million), Renaissance Asset Finance (£9.42 million), and Arbuthnot Commercial Asset Based Lending (£16.03 million).

Dividend Yield: 5.2%

Arbuthnot Banking Group's dividend payments have increased over the past decade, yet they remain volatile and unreliable. Despite a low payout ratio of 24.9%, indicating dividends are well covered by earnings, the dividend yield of 5.18% is below the top tier in the UK market. The bank has a high level of bad loans at 4.2% with a low allowance for these loans at 8%. Recent office relocation is not directly relevant to dividend prospects.

AIM:ARBB Dividend History as at Oct 2024
AIM:ARBB Dividend History as at Oct 2024

Hargreaves Services

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

Overview: Hargreaves Services Plc offers environmental and industrial services across the United Kingdom, Europe, Hong Kong, and internationally with a market cap of £169.42 million.

Operations: Hargreaves Services Plc generates revenue primarily from its Services segment, which accounts for £206.86 million, and also includes contributions from Hargreaves Land at £7.04 million.

Dividend Yield: 7.0%