M.P. Evans Group And 2 Other Leading UK Dividend Stocks

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The United Kingdom's FTSE 100 index recently experienced a downturn, closing lower due to weak trade data from China, which has struggled to recover from the pandemic. Despite these market challenges, investors often look for stability and income through dividend stocks, which can provide consistent returns even in volatile economic conditions. In this article, we will explore M.P. Evans Group and two other leading UK dividend stocks that stand out for their reliable performance and potential to offer steady dividends amidst fluctuating market trends.

Top 10 Dividend Stocks In The United Kingdom

Name

Dividend Yield

Dividend Rating

James Latham (AIM:LTHM)

5.89%

★★★★★★

OSB Group (LSE:OSB)

8.42%

★★★★★☆

4imprint Group (LSE:FOUR)

3.25%

★★★★★☆

Impax Asset Management Group (AIM:IPX)

7.30%

★★★★★☆

Plus500 (LSE:PLUS)

5.95%

★★★★★☆

Man Group (LSE:EMG)

5.78%

★★★★★☆

Big Yellow Group (LSE:BYG)

3.49%

★★★★★☆

DCC (LSE:DCC)

3.71%

★★★★★☆

NWF Group (AIM:NWF)

5.02%

★★★★★☆

Grafton Group (LSE:GFTU)

3.38%

★★★★★☆

Click here to see the full list of 59 stocks from our Top UK Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

M.P. Evans Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: M.P. Evans Group PLC, with a market cap of £465.69 million, operates through its subsidiaries to own and develop oil palm plantations in Indonesia and Malaysia.

Operations: M.P. Evans Group PLC generates its revenue primarily from the ownership and development of oil palm plantations in Indonesia and Malaysia.

Dividend Yield: 4.8%

M.P. Evans Group's dividend sustainability is supported by a payout ratio of 58.7% and a cash payout ratio of 64.3%. Despite a volatile dividend history, the company has increased dividends over the past decade. Recent earnings for H1 2024 showed significant growth with net income rising to US$30.08 million from US$16.59 million year-over-year, leading to an interim dividend increase of 20%, reflecting improved performance and board confidence in long-term prospects.

AIM:MPE Dividend History as at Sep 2024
AIM:MPE Dividend History as at Sep 2024

Oxford Metrics

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Oxford Metrics plc operates as a smart sensing and software company in the United Kingdom and internationally, with a market cap of £103.84 million.

Operations: Oxford Metrics plc generates revenue from its Vicon UK segment (£23.62 million) and Vicon USA segment (£21.09 million), with a segment adjustment of £1.76 million.