In This Article:
As the FTSE 100 and FTSE 250 indices face downward pressure due to weak trade data from China, UK investors are increasingly seeking stability in dividend stocks. In such uncertain times, companies with a strong track record of consistent dividend payouts, like James Halstead and others, can offer some reassurance amidst market volatility.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| Keller Group (LSE:KLR) | 3.11% | ★★★★★☆ |
| 4imprint Group (LSE:FOUR) | 3.23% | ★★★★★☆ |
| OSB Group (LSE:OSB) | 7.72% | ★★★★★☆ |
| Man Group (LSE:EMG) | 6.02% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 4.39% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.78% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.54% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 6.92% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.83% | ★★★★★☆ |
| James Latham (AIM:LTHM) | 6.32% | ★★★★★☆ |
Click here to see the full list of 60 stocks from our Top UK Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
James Halstead
Simply Wall St Dividend Rating: ★★★★★☆
Overview: James Halstead plc manufactures and supplies flooring products for both commercial and domestic uses across the United Kingdom, Europe, Scandinavia, Australasia, Asia, and other international markets with a market cap of £773.14 million.
Operations: The company's revenue is primarily derived from the manufacture and distribution of flooring products, amounting to £274.88 million.
Dividend Yield: 4.6%
James Halstead has demonstrated a reliable dividend history over the past decade, with stable and growing payments. The proposed final dividend increase to 6.0 pence, totaling 8.5 pence for the year, marks its 49th consecutive annual rise. Despite a slight decline in sales to £274.88 million and net income to £41.52 million, dividends remain covered by earnings (payout ratio: 85.3%) and cash flows (cash payout ratio: 77%), supporting sustainability amidst leadership changes with Chairman Anthony Wild stepping down soon.
IG Group Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: IG Group Holdings plc is a fintech company that operates in the online trading business globally, with a market cap of £3.45 billion.
Operations: IG Group Holdings plc generates revenue primarily from its brokerage segment, amounting to £954.50 million.
Dividend Yield: 4.8%
IG Group Holdings offers a reliable dividend yield of 4.76%, although it is lower than the top UK dividend payers. The company's dividends have been stable and growing over the past decade, supported by a payout ratio of 58.2% and cash payout ratio of 43.2%, indicating sustainability through earnings and cash flows. Recent executive changes, including Clifford Abrahams' appointment as CFO, may influence strategic financial management, potentially impacting future dividend policies amidst its undervalued trading position relative to peers.