3 Top Dividend Stocks In UK Yielding Up To 7.3%
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The London markets have recently faced downward pressure, with the FTSE 100 closing lower due to weak trade data from China and a sluggish global economic recovery. Despite these challenges, dividend stocks remain a compelling option for investors seeking steady income, particularly in uncertain market conditions.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 5.83% | ★★★★★★ |
| Impax Asset Management Group (AIM:IPX) | 7.05% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.60% | ★★★★★☆ |
| 4imprint Group (LSE:FOUR) | 3.04% | ★★★★★☆ |
| Burberry Group (LSE:BRBY) | 8.77% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 6.37% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.65% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.74% | ★★★★★☆ |
| NWF Group (AIM:NWF) | 4.84% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.47% | ★★★★★☆ |
Click here to see the full list of 55 stocks from our Top UK Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Alumasc Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: The Alumasc Group plc, with a market cap of ￡90.35 million, manufactures and sells building products, systems, and solutions across the United Kingdom and various international markets including Europe, North America, the Middle East, and the Far East.
Operations: The Alumasc Group plc's revenue is derived from three main segments: Water Management (￡42.29 million), Building Envelope (￡34.92 million), and Housebuilding Products (￡14.79 million).
Dividend Yield: 4.1%
Alumasc Group's dividend payments have been volatile over the past decade, though they have increased overall. Despite a relatively low yield of 4.12%, dividends are well-covered by earnings (payout ratio: 46.6%) and cash flows (cash payout ratio: 31.2%). The company trades at a good value, approximately 27.9% below fair value estimates, and has issued positive guidance for FY2024 with expected organic revenue growth of around 6.5%.
Arbuthnot Banking Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Arbuthnot Banking Group PLC, with a market cap of ￡153.85 million, offers private and commercial banking products and services in the United Kingdom through its subsidiaries.
Operations: Arbuthnot Banking Group PLC generates revenue from several segments, including Wealth Management (￡12.32 million), Asset Alliance Group (￡14.81 million), Renaissance Asset Finance (￡9.42 million), and Arbuthnot Commercial Asset Based Lending (￡16.03 million).