Amidst a backdrop of fluctuating global markets and keen investor focus on upcoming economic indicators, the UK market shows signs of resilience, with the FTSE 100 poised to break a three-day losing streak. In such an environment, dividend stocks remain appealing for their potential to offer investors steady income streams and relative stability.

Top 10 Dividend Stocks In The United Kingdom

Click here to see the full list of 58 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Castings

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

Overview: Castings P.L.C. is a company involved in iron casting and machining, with a market capitalization of approximately ￡169.92 million.

Operations: Castings P.L.C. generates its revenue primarily from its specialized activities in iron casting and machining.

Dividend Yield: 4.5%

Castings P.L.C. has declared a special dividend of ￡0.07 and a final dividend of ￡0.1419, cumulating to an annual payout of ￡0.1832 per share, marking a 5.6% increase from last year, reflecting its progressive dividend policy. Despite this growth, Castings' dividend yield stands at 4.51%, which is below the top UK market quartile average of 5.71%. Financially, the company supports these dividends with a robust earnings report showing a net income rise to ￡16.72 million from last year's ￡13.79 million and maintains healthy coverage ratios with earnings covering dividends at 29.5% and cash flows at 69.9%. However, future earnings are expected to decline by an average of 5.8% annually over the next three years.

• Delve into the full analysis dividend report here for a deeper understanding of Castings.

• Our valuation report unveils the possibility Castings' shares may be trading at a discount.

Keller Group

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

Overview: Keller Group plc is a specialist geotechnical service provider operating across North America, Europe, Asia-Pacific, the Middle East, and Africa, with a market capitalization of approximately ￡0.90 billion.

Operations: Keller Group plc generates ￡2.97 billion from its geotechnical services across various global regions.

Dividend Yield: 3.7%

Keller Group plc recently approved a final dividend of 31.3 pence per share at its AGM on May 15, 2024. The company's dividends are well-supported, with a payout ratio of 36.8% and a cash payout ratio of 32.2%, indicating strong coverage by both earnings and cash flows. Despite trading at 28.4% below estimated fair value and showing robust earnings growth of 94.3% last year, Keller's dividend yield of 3.66% remains below the top quartile average in the UK market (5.71%). Dividends have shown stability and growth over the past decade, reinforcing their reliability.