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The United Kingdom's FTSE 100 index recently experienced a downturn, closing 0.4% lower at 7,527.42 amidst weak trade data from China and global economic uncertainties. In such volatile market conditions, dividend stocks can offer investors a measure of stability and income through regular payouts. Here are three UK dividend stocks with yields up to 8.6% that may be worth considering for those looking to navigate these turbulent times while securing steady returns.
Top 10 Dividend Stocks In The United Kingdom
Name | Dividend Yield | Dividend Rating |
James Latham (AIM:LTHM) | 6.03% | ★★★★★★ |
4imprint Group (LSE:FOUR) | 3.24% | ★★★★★☆ |
Impax Asset Management Group (AIM:IPX) | 7.32% | ★★★★★☆ |
Man Group (LSE:EMG) | 5.91% | ★★★★★☆ |
Plus500 (LSE:PLUS) | 5.78% | ★★★★★☆ |
DCC (LSE:DCC) | 3.82% | ★★★★★☆ |
Big Yellow Group (LSE:BYG) | 3.46% | ★★★★★☆ |
Dunelm Group (LSE:DNLM) | 6.27% | ★★★★★☆ |
Grafton Group (LSE:GFTU) | 3.47% | ★★★★★☆ |
Pets at Home Group (LSE:PETS) | 4.21% | ★★★★★☆ |
Click here to see the full list of 57 stocks from our Top UK Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Morgan Sindall Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom with a market cap of £1.40 billion.
Operations: Morgan Sindall Group plc's revenue segments include Fit Out (£1.24 billion), Construction (£1.02 billion), Infrastructure (£989.20 million), Property Services (£191.80 million), Urban Regeneration (£148.40 million), and Partnership Housing (£845.20 million).
Dividend Yield: 4%
Morgan Sindall Group plc reported H1 2024 sales of £2.21 billion and net income of £52.6 million, showing growth from the previous year. The Board approved a 15% increase in the interim dividend to 41.5 pence per share, payable on October 24, 2024. Despite a volatile dividend history over the past decade, current dividends are well-covered by earnings (44.7% payout ratio) and free cash flow (33.4% cash payout ratio).
OSB Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: OSB Group Plc operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands, with a market cap of approximately £1.46 billion.
Operations: OSB Group Plc generates its revenue primarily from its subsidiaries, with Onesavings Bank Plc contributing £431.10 million and Charter Court Financial Services Group Plc adding £377.20 million.