Top UK Dividend Stocks To Consider In November 2024

In This Article:

As the United Kingdom's FTSE 100 index grapples with downward pressure from weak global cues and faltering trade data from China, investors are increasingly seeking stability in dividend stocks to navigate these uncertain times. In such a climate, identifying companies with strong dividend histories can offer a measure of resilience and income potential amidst broader market volatility.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

James Latham (AIM:LTHM)

6.15%

★★★★★★

Impax Asset Management Group (AIM:IPX)

8.40%

★★★★★☆

4imprint Group (LSE:FOUR)

3.26%

★★★★★☆

OSB Group (LSE:OSB)

8.72%

★★★★★☆

Plus500 (LSE:PLUS)

6.53%

★★★★★☆

Man Group (LSE:EMG)

6.32%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.82%

★★★★★☆

Grafton Group (LSE:GFTU)

3.80%

★★★★★☆

Dunelm Group (LSE:DNLM)

7.00%

★★★★★☆

DCC (LSE:DCC)

3.47%

★★★★★☆

Click here to see the full list of 62 stocks from our Top UK Dividend Stocks screener.

We'll examine a selection from our screener results.

Computacenter

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

Overview: Computacenter plc is a technology and services provider for corporate and public sector organizations in the UK, Germany, France, North America, and internationally, with a market cap of £2.29 billion.

Operations: Computacenter plc generates revenue of £6.44 billion from its Computer Services segment, serving a range of corporate and public sector clients across various regions.

Dividend Yield: 3.2%

Computacenter recently increased its interim dividend by 3.1% to 23.3 pence per share, reflecting a commitment to shareholder returns despite a decline in half-year sales and net income. The company's dividends are well-covered by earnings and cash flows, with payout ratios of 46.8% and 28.2%, respectively, indicating sustainability. However, the dividend yield is relatively low compared to top UK payers, and past volatility in payments suggests caution for income-focused investors.

LSE:CCC Dividend History as at Nov 2024
LSE:CCC Dividend History as at Nov 2024

DCC

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

Overview: DCC plc is involved in the sales, marketing, and distribution of carbon energy solutions globally, with a market cap of £5.61 billion.

Operations: DCC plc generates revenue through its segments: DCC Energy (£14.22 billion), DCC Healthcare (£859.38 million), and DCC Technology (£4.77 billion).

Dividend Yield: 3.5%

DCC has consistently increased its dividends over the past decade, recently announcing a 5% rise in its interim dividend to 66.19 pence per share. The company's dividends are well-covered by earnings and cash flows, with payout ratios of 59.5% and 39.5%, respectively, ensuring sustainability. Despite trading below fair value estimates, DCC's dividend yield of 3.47% is modest compared to top UK payers. The company is actively pursuing acquisitions to enhance shareholder value further.