Exploring James Halstead And Two More Top Dividend Stocks In The UK

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Amidst a backdrop of fluctuating global markets, the United Kingdom's FTSE 100 is poised for its first weekly gain after three consecutive weeks of losses. This recent shift in market sentiment provides an opportune moment to explore the resilience and potential of dividend-paying stocks, such as James Halstead and two other top performers in the UK market. In times like these, investors often look towards stocks that can provide not only stability but also consistent returns through dividends.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

Record (LSE:REC)

8.15%

★★★★★★

Impax Asset Management Group (AIM:IPX)

6.30%

★★★★★☆

Keller Group (LSE:KLR)

3.58%

★★★★★☆

Dunelm Group (LSE:DNLM)

7.14%

★★★★★☆

Plus500 (LSE:PLUS)

6.02%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.65%

★★★★★☆

Grafton Group (LSE:GFTU)

3.61%

★★★★★☆

Rio Tinto Group (LSE:RIO)

6.10%

★★★★★☆

NWF Group (AIM:NWF)

4.08%

★★★★★☆

Hargreaves Services (AIM:HSP)

6.36%

★★★★★☆

Click here to see the full list of 59 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

James Halstead

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

Overview: James Halstead plc is a UK-based manufacturer and supplier of flooring products for both commercial and domestic applications, operating globally with a market capitalization of approximately £0.79 billion.

Operations: James Halstead plc generates £290.38 million in revenue from the manufacture and distribution of flooring products.

Dividend Yield: 4.2%

James Halstead has maintained a stable dividend payout with a 4.21% yield, though it's lower than the UK market's top quartile at 5.56%. The company's dividends are well-supported by both earnings and cash flows, with a payout ratio of 77.4% and a cash payout ratio of 62.8%. Over the past decade, dividends have shown reliability and growth, including an 11.1% increase in the latest interim dividend to £0.025 per share payable on June 14, 2024. Despite recent sales decline from £149.64 million to £136.45 million year-over-year, net income rose to £20.08 million from £18.04 million.

AIM:JHD Dividend History as at Jun 2024
AIM:JHD Dividend History as at Jun 2024

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 £1.66 billion.