Yahoo Finance Three High-Yielding UK Dividend Stocks With Returns Up To 6.3%
As the FTSE 100 extends its negative streak and broader market volatility persists, investors may seek stability through high-yielding dividend stocks. In times of uncertainty, such stocks can offer a dual benefit of regular income and potential for long-term capital appreciation, making them an appealing choice for those looking to navigate through fluctuating markets.
Top 10 Dividend Stocks In The United Kingdom
Name | Dividend Yield | Dividend Rating |
Record (LSE:REC) | 8.25% | ★★★★★★ |
Keller Group (LSE:KLR) | 3.34% | ★★★★★☆ |
DCC (LSE:DCC) | 3.46% | ★★★★★☆ |
Dunelm Group (LSE:DNLM) | 7.16% | ★★★★★☆ |
Plus500 (LSE:PLUS) | 6.06% | ★★★★★☆ |
Big Yellow Group (LSE:BYG) | 3.64% | ★★★★★☆ |
Grafton Group (LSE:GFTU) | 3.62% | ★★★★★☆ |
Rio Tinto Group (LSE:RIO) | 5.91% | ★★★★★☆ |
NWF Group (AIM:NWF) | 3.87% | ★★★★★☆ |
Hargreaves Services (AIM:HSP) | 6.38% | ★★★★★☆ |
Click here to see the full list of 55 stocks from our Top Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Hargreaves Services
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Hargreaves Services Plc operates in environmental and industrial services across the United Kingdom, Southeast Asia, and South Africa with a market capitalization of £185.03 million.
Operations: Hargreaves Services Plc generates £205.29 million from environmental and industrial services and £2.58 million from its Hargreaves Land operations.
Dividend Yield: 6.4%
Hargreaves Services exhibits a mixed dividend profile. While the dividend yield of 6.38% stands above the UK market average, and dividends have increased over the past decade, their reliability is questionable due to volatility in payments. The company's payout ratios from earnings (61.8%) and cash flow (53.8%) suggest current dividends are sustainable, though profit margins have declined from 18.2% to 6.2%, potentially impacting future payouts amidst significant insider selling recently observed.
Wynnstay Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Wynnstay Group Plc is a UK-based company that manufactures and supplies agricultural products, with a market capitalization of approximately £87.96 million.
Operations: Wynnstay Group Plc generates its revenue primarily from two segments: Agriculture, which contributes £584.31 million, and Specialist Agricultural Merchanting, adding £151.48 million.
Dividend Yield: 4.5%
Wynnstay Group offers a consistent dividend yield of 4.51%, underpinned by a decade of stable growth in dividend payments. Despite trading at 39.6% below its estimated fair value, concerns arise as profit margins have decreased from 2.4% to 0.9% over the past year, and shareholders experienced dilution. However, the dividends are well-supported by earnings with a payout ratio of 56.1% and cash flows with a cash payout ratio of 34.6%, ensuring sustainability amidst financial shifts.
Kingfisher
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kingfisher plc operates as a retailer of home improvement products and services across the United Kingdom, Ireland, France, and other international markets, with a market capitalization of approximately £4.90 billion.
Operations: Kingfisher plc generates £12.98 billion in revenue from the supply of home improvement products and services.
Dividend Yield: 4.7%
Kingfisher plc's recent sales update shows a slight contraction, with Q1 2024 sales dipping slightly to £3.26 billion. Despite this, the company maintains a moderate dividend yield of 4.67%, though it falls below the top UK dividend payers. Financially, Kingfisher supports its dividends with a payout ratio of 68.2% and an even more conservative cash payout ratio of 23.9%, suggesting sustainability from cash flows despite earnings volatility noted over the past decade. Upcoming board changes could signal strategic shifts, potentially impacting future financial decisions and stability.
Click here to discover the nuances of Kingfisher with our detailed analytical dividend report.
Our valuation report here indicates Kingfisher may be undervalued.
Taking Advantage
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AIM:HSP AIM:WYNLSE:KGF and
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