3 High-Yield Dividend Stocks In The UK Offering Up To 7.2%
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Amidst the backdrop of fluctuating global markets and looming political events, the UK's financial landscape remains a focal point for investors, particularly as the FTSE 100 shows signs of volatility ahead of critical elections. In such times, high-yield dividend stocks can be appealing for their potential to offer stability and consistent returns.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 6.35% | ★★★★★★ |
| Impax Asset Management Group (AIM:IPX) | 7.19% | ★★★★★☆ |
| Epwin Group (AIM:EPWN) | 5.71% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 7.37% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.53% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.89% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.90% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.86% | ★★★★★☆ |
| Rio Tinto Group (LSE:RIO) | 6.37% | ★★★★★☆ |
| Hargreaves Services (AIM:HSP) | 6.77% | ★★★★★☆ |
Click here to see the full list of 56 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
James Latham
Simply Wall St Dividend Rating: ★★★★★★
Overview: James Latham plc is a UK-based company specializing in the import and distribution of timber, panels, and decorative surfaces across the UK, Ireland, other parts of Europe, and internationally, with a market capitalization of approximately ￡247.30 million.
Operations: James Latham plc generates ￡366.51 million from its timber importing and distribution activities.
Dividend Yield: 6.4%
James Latham has maintained a stable dividend payout with a 10-year track record of reliability, boasting an attractive yield of 6.35%, which ranks in the top 25% of UK dividend payers. The dividends are well-covered by both earnings and cash flows, with a payout ratio at 30% and a cash payout ratio at 87.4%. Despite recent financial setbacks where net income dropped to ￡22.66 million from ￡35.92 million year-over-year, the company continues to reward shareholders, evidenced by a recent increase in its annual dividend to 33.75 pence per share and special dividends reflecting robust profit levels and strong cash positions.
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Navigate through the intricacies of James Latham with our comprehensive dividend report here.
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Our valuation report unveils the possibility James Latham's shares may be trading at a premium.
HSBC Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: HSBC Holdings plc operates globally, offering banking and financial services with a market capitalization of approximately ￡126.48 billion.
Operations: HSBC Holdings plc generates revenue through several key divisions: Commercial Banking ($19.43 billion), Global Banking and Markets ($15.80 billion), and Wealth and Personal Banking ($24.34 billion).