James Halstead And 2 Other Top UK Dividend Stocks
In This Article:
As the UK economy shows signs of resilience with positive GDP figures and a buoyant FTSE 100, investors are keenly observing market dynamics and potential opportunities. In this context, understanding what constitutes a robust dividend stock becomes crucial, especially considering the current economic backdrop and investor sentiment towards steady income streams in uncertain times.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 5.94% | ★★★★★★ |
| Impax Asset Management Group (AIM:IPX) | 7.42% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.82% | ★★★★★☆ |
| Keller Group (LSE:KLR) | 3.36% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.89% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.45% | ★★★★★☆ |
| Rio Tinto Group (LSE:RIO) | 6.29% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.69% | ★★★★★☆ |
| NWF Group (AIM:NWF) | 4.66% | ★★★★★☆ |
| Hargreaves Services (AIM:HSP) | 6.55% | ★★★★★☆ |
Click here to see the full list of 56 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 is a UK-based manufacturer and supplier of flooring products for both commercial and domestic applications globally, with a market capitalization of approximately ￡0.76 billion.
Operations: James Halstead plc generates ￡290.38 million in revenue from the manufacture and distribution of flooring products.
Dividend Yield: 4.4%
James Halstead has demonstrated a consistent ability to cover and grow its dividends, maintaining a stable dividend per share over the past decade. The company's earnings have supported these payments with a payout ratio of 77.4%, complemented by a cash payout ratio of 62.8%. Despite trading at 59.8% below estimated fair value, its dividend yield of 4.37% remains modest compared to the UK market's top payers. Revenue growth is projected at 4.16% annually, reinforcing the sustainability of future dividends.
Grafton Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Grafton Group plc operates in distribution, retailing, and manufacturing across Ireland, the Netherlands, Finland, and the United Kingdom, with a market capitalization of approximately ￡1.95 billion.
Operations: Grafton Group plc generates revenue through retailing (￡258.20 million), manufacturing (￡135.30 million), and distribution activities in the UK (￡818.11 million), Ireland (￡631.03 million), Finland (￡139.78 million), and the Netherlands (￡351.47 million).