UK Dividend Stocks: Alumasc Group And 2 Other Top Income Picks
In This Article:
The UK market has recently faced turbulence, with the FTSE 100 closing lower amid weak trade data from China and a struggling global economy. Despite these challenges, dividend stocks can offer a reliable income stream and potential stability for investors. In this article, we explore three top dividend picks in the UK market, starting with Alumasc Group.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 5.75% | ★★★★★★ |
| OSB Group (LSE:OSB) | 8.58% | ★★★★★☆ |
| 4imprint Group (LSE:FOUR) | 3.09% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.82% | ★★★★★☆ |
| Man Group (LSE:EMG) | 5.74% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.50% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.82% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 6.48% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.42% | ★★★★★☆ |
| Rio Tinto Group (LSE:RIO) | 6.80% | ★★★★☆☆ |
Click here to see the full list of 61 stocks from our Top UK Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Alumasc Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: The Alumasc Group plc, with a market cap of ￡105.70 million, manufactures and sells building products, systems, and solutions across the United Kingdom and internationally.
Operations: The Alumasc Group plc generates revenue from three main segments: Water Management (￡48.32 million), Building Envelope (￡37.60 million), and Housebuilding Products (￡14.81 million).
Dividend Yield: 3.7%
Alumasc Group's dividend yield of 3.66% is below the top quartile in the UK market, but its payments are well-covered by both earnings and cash flows, with payout ratios of 44.2% and 36.9%, respectively. Despite a history of volatility in dividend payments over the past decade, recent earnings growth has been strong, with net income rising to ￡8.75 million for FY2024 from ￡6.6 million a year earlier. The board has recommended an increased final dividend of 7.3 pence per share for FY2024, reflecting confidence in future performance despite past instability.
James Halstead
Simply Wall St Dividend Rating: ★★★★★☆
Overview: James Halstead plc manufactures and supplies flooring products for commercial and domestic uses across the United Kingdom, Europe, Scandinavia, Australasia, Asia, and other international markets with a market cap of ￡723.12 million.
Operations: The company's primary revenue segment is the manufacture and distribution of flooring products, generating ￡290.38 million.
Dividend Yield: 4.6%