UK's Top Dividend Stocks For September 2024
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The UK market has experienced a downturn recently, with the FTSE 100 and FTSE 250 indices closing lower amid weak trade data from China. This economic backdrop highlights the importance of selecting dividend stocks that offer stability and reliable income streams.
Top 10 Dividend Stocks In The United Kingdom
| Name | Dividend Yield | Dividend Rating |
| James Latham (AIM:LTHM) | 6.10% | ★★★★★★ |
| 4imprint Group (LSE:FOUR) | 3.33% | ★★★★★☆ |
| Impax Asset Management Group (AIM:IPX) | 7.28% | ★★★★★☆ |
| Man Group (LSE:EMG) | 5.87% | ★★★★★☆ |
| Dunelm Group (LSE:DNLM) | 6.32% | ★★★★★☆ |
| Plus500 (LSE:PLUS) | 5.79% | ★★★★★☆ |
| DCC (LSE:DCC) | 3.85% | ★★★★★☆ |
| Big Yellow Group (LSE:BYG) | 3.42% | ★★★★★☆ |
| NWF Group (AIM:NWF) | 5.23% | ★★★★★☆ |
| Grafton Group (LSE:GFTU) | 3.46% | ★★★★★☆ |
Click here to see the full list of 59 stocks from our Top UK Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Vertu Motors
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Vertu Motors plc operates as an automotive retailer in the United Kingdom with a market cap of ￡231.68 million.
Operations: Vertu Motors plc generates ￡4719.59 million in revenue from its retail gasoline and auto dealership operations.
Dividend Yield: 3.1%
Vertu Motors offers a mixed dividend profile with a low price-to-earnings ratio of 9x, suggesting good value relative to the UK market. While its dividends are well covered by both earnings (30.9%) and cash flows (12.4%), the track record is unstable and payments have been volatile over the past decade despite some growth. Recent board changes, including Ken Lever's departure, could impact future governance and strategy.
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Delve into the full analysis dividend report here for a deeper understanding of Vertu Motors.
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The valuation report we've compiled suggests that Vertu Motors' current price could be inflated.
Mears Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mears Group plc, with a market cap of ￡361.23 million, provides outsourced services to both public and private sectors in the United Kingdom through its subsidiaries.
Operations: Mears Group plc generates revenue from management services (￡591.63 million) and maintenance services (￡551.73 million) in the United Kingdom.
Dividend Yield: 3.6%
Mears Group's dividends are well covered by earnings (33.4%) and cash flows (11.1%), indicating sustainability despite a volatile track record over the past decade. The recent interim dividend increase to 4.75 pence reflects positive performance, with half-year net income rising to ￡22.73 million from ￡16 million last year. Trading at a low P/E ratio of 8.8x, Mears offers good value compared to the UK market average of 16.5x, though future earnings are forecasted to decline by 14.7% annually over the next three years.