Three Solid UK Dividend Stocks Offering Up To 5.1% Yield

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As the UK market navigates through political uncertainties with upcoming elections and regulatory changes, investors remain vigilant, reflecting a cautious optimism in the FTSE 100's slight uptick. In such a climate, dividend stocks can be particularly appealing for those looking for stable returns amidst market fluctuations.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

James Latham (AIM:LTHM)

6.35%

★★★★★★

Keller Group (LSE:KLR)

3.68%

★★★★★☆

Dunelm Group (LSE:DNLM)

7.33%

★★★★★☆

DCC (LSE:DCC)

3.55%

★★★★★☆

Plus500 (LSE:PLUS)

5.87%

★★★★★☆

Grafton Group (LSE:GFTU)

3.88%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.85%

★★★★★☆

Rio Tinto Group (LSE:RIO)

6.42%

★★★★★☆

NWF Group (AIM:NWF)

4.42%

★★★★★☆

Hargreaves Services (AIM:HSP)

6.74%

★★★★★☆

Click here to see the full list of 56 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

London Security

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

Overview: London Security plc is an investment holding company that manufactures, sells, and rents fire protection equipment across several European countries, with a market capitalization of approximately £386.19 million.

Operations: London Security plc generates revenue primarily through the provision and maintenance of fire protection and security equipment, totaling £219.71 million.

Dividend Yield: 3.9%

London Security's dividend history shows inconsistency, with significant fluctuations over the past decade. Despite this, its dividends are currently well-supported, covered by earnings with a payout ratio of 65.3% and cash flows at 79.8%. However, its dividend yield of 3.94% is below the top quartile in the UK market. The company recently affirmed a final dividend of £0.42 per share for 2023, maintaining last year's level, payable on July 12 to shareholders registered by June 14.

AIM:LSC Dividend History as at Jul 2024
AIM:LSC Dividend History as at Jul 2024

M.P. Evans Group

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

Overview: M.P. Evans Group PLC operates oil palm plantations in Indonesia and Malaysia, with a market capitalization of approximately £452.70 million.

Operations: M.P. Evans Group PLC generates $307.32 million from its Indonesian plantation operations.

Dividend Yield: 5.1%

M.P. Evans Group's dividend outlook is mixed, with a history of volatility over the past decade and a current yield of 5.11%, which is below the top 25% of UK dividend payers. Despite this, dividends are reasonably covered by both earnings and cash flows, with payout ratios at 58.7% and 64.5%, respectively. Recent operational results show an increase in crop production and crude palm oil output, suggesting potential for future revenue growth which could support ongoing dividend payments despite past inconsistencies.