3 UK Dividend Stocks With Yields Up To 8.2%
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The United Kingdom's FTSE 100 index has recently faced challenges, closing lower amid weak trade data from China and declines in key sectors such as mining. As the market navigates these turbulent times, investors often look to dividend stocks for their potential to provide steady income and mitigate volatility. In this article, we will explore three UK dividend stocks with yields up to 8.2%, highlighting how they can offer stability and income in an unpredictable economic landscape.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 6.01% | ★★★★★★ |
| 4imprint Group (LSE:FOUR) | 3.41% | ★★★★★☆ |
| Impax Asset Management Group (AIM:IPX) | 7.56% | ★★★★★☆ |
| Man Group (LSE:EMG) | 5.95% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.90% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.83% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.46% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 6.55% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.52% | ★★★★★☆ |
| Pets at Home Group (LSE:PETS) | 4.26% | ★★★★★☆ |
Click here to see the full list of 57 stocks from our Top UK Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
James Latham
Simply Wall St Dividend Rating: ★★★★★★
Overview: James Latham plc, with a market cap of ￡261.49 million, imports and distributes timbers, panels, and decorative surfaces across the United Kingdom, the Republic of Ireland, Europe, and internationally.
Operations: James Latham plc generates ￡366.51 million in revenue from its timber importing and distribution segment.
Dividend Yield: 6%
James Latham offers a high and reliable dividend yield of 6.01%, placing it in the top 25% of UK dividend payers. The company’s dividends are well-covered by earnings (30% payout ratio) and cash flows (87.4% cash payout ratio). Despite a forecasted decline in earnings by 3.4% annually over the next three years, dividends have grown steadily over the past decade. Recent news includes an increased final dividend to 26 pence per share and a special dividend of 45 pence per share, payable on August 23, 2024.
Somero Enterprises
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment in the United States and internationally with a market cap of ￡155.64 million.
Operations: Somero Enterprises generates $113.69 million in revenue from its construction machinery and equipment segment.