Examining Bank of Georgia Group And Two Other Leading Dividend Stocks

In This Article:

As the United Kingdom braces for its upcoming parliamentary election, the market exhibits a cautious stance, with the FTSE 100 showing signs of hesitancy in its recent movements. In such times of market uncertainty, dividend stocks like Bank of Georgia Group can offer investors potential stability and regular income streams, aligning well with current economic conditions.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

Record (LSE:REC)

8.25%

★★★★★★

Impax Asset Management Group (AIM:IPX)

6.87%

★★★★★☆

Keller Group (LSE:KLR)

3.53%

★★★★★☆

DCC (LSE:DCC)

3.51%

★★★★★☆

Dunelm Group (LSE:DNLM)

7.28%

★★★★★☆

Plus500 (LSE:PLUS)

5.89%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.85%

★★★★★☆

Rio Tinto Group (LSE:RIO)

6.36%

★★★★★☆

NWF Group (AIM:NWF)

4.22%

★★★★★☆

Hargreaves Services (AIM:HSP)

6.79%

★★★★★☆

Click here to see the full list of 57 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Bank of Georgia Group

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

Overview: Bank of Georgia Group PLC operates primarily in the banking and financial services sectors, focusing on the Georgian and Armenian markets, with a market capitalization of approximately £1.70 billion.

Operations: Bank of Georgia Group PLC generates its revenue primarily from banking and financial services in Georgia and Armenia.

Dividend Yield: 5.8%

Bank of Georgia Group PLC recently declared a final dividend of GEL 4.94 per share, reflecting its commitment to returning value to shareholders despite a history of volatile dividends. With a payout ratio at 25.6%, the dividend appears sustainable, supported by substantial net income growth in Q1 2024 to GEL 1,036.24 million from GEL 300.05 million year-over-year. However, analysts predict an average earnings decline of 4.5% annually over the next three years, posing potential challenges for future dividend stability and growth.

LSE:BGEO Dividend History as at Jun 2024
LSE:BGEO Dividend History as at Jun 2024

M&G Credit Income Investment Trust

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

Overview: M&G Credit Income Investment Trust plc focuses on investing in a diversified portfolio of public and private debt instruments, with a market capitalization of approximately £139.28 million.

Operations: M&G Credit Income Investment Trust plc generates revenue primarily from its financial services in closed-end funds, totaling £15.36 million.