Over the last 7 days, the United Kingdom market has remained flat, yet it has risen by 6.5% over the past 12 months with earnings forecasted to grow by 14% annually. In this context of steady growth and promising earnings potential, identifying strong dividend stocks like Livermore Investments Group can be an effective strategy for investors seeking reliable income streams amidst evolving market conditions.

Top 10 Dividend Stocks In The United Kingdom

Click here to see the full list of 60 stocks from our Top UK Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Livermore Investments Group

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

Overview: Livermore Investments Group Limited is a publicly owned investment manager with a market cap of ￡77.72 million.

Operations: Livermore Investments Group Limited generates revenue from its Equity and Debt Instruments Investment Activities, amounting to $23.75 million.

Dividend Yield: 7.0%

Livermore Investments Group recently declared an interim dividend of US$0.0423 per share, payable in November 2024, supported by a significant earnings increase to US$9.67 million for the half year ending June 30, 2024. Despite its attractive dividend yield of 7.04% and a low price-to-earnings ratio of 5.1x, Livermore's dividends have been unreliable and volatile over the past decade, though they are currently well covered by earnings and cash flows with payout ratios of 25.3% and 33%, respectively.

• Click here and access our complete dividend analysis report to understand the dynamics of Livermore Investments Group.

• Upon reviewing our latest valuation report, Livermore Investments Group's share price might be too optimistic.

Drax Group

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

Overview: Drax Group plc, with a market cap of ￡2.46 billion, operates in renewable power generation across the United Kingdom.

Operations: Drax Group's revenue is primarily derived from its Generation segment (￡5.99 billion), followed by Customers (￡4.38 billion) and Pellet Production (￡878.40 million).

Dividend Yield: 3.7%

Drax Group's dividends are well-covered by earnings, with a low payout ratio of 14.4%, and cash flows, with a cash payout ratio of 23.1%. Despite this coverage, its dividend history is marked by volatility over the past decade. Recent strategic moves include refinancing ￡450 million in sustainability-linked credit and launching carbon offset initiatives with Karbon-X Corp., which may enhance long-term sustainability efforts. However, Drax's dividend yield remains below top-tier UK payers at 3.75%.