Top UK Dividend Stocks To Consider In November 2024

As the United Kingdom's FTSE 100 index grapples with downward pressure from weak global cues and faltering trade data from China, investors are increasingly seeking stability in dividend stocks to navigate these uncertain times. In such a climate, identifying companies with strong dividend histories can offer a measure of resilience and income potential amidst broader market volatility.

Top 10 Dividend Stocks In The United Kingdom

Name	Dividend Yield	Dividend Rating
James Latham (AIM:LTHM)	6.15%	★★★★★★
Impax Asset Management Group (AIM:IPX)	8.40%	★★★★★☆
4imprint Group (LSE:FOUR)	3.26%	★★★★★☆
OSB Group (LSE:OSB)	8.72%	★★★★★☆
Plus500 (LSE:PLUS)	6.53%	★★★★★☆
Man Group (LSE:EMG)	6.32%	★★★★★☆
Big Yellow Group (LSE:BYG)	3.82%	★★★★★☆
Grafton Group (LSE:GFTU)	3.80%	★★★★★☆
Dunelm Group (LSE:DNLM)	7.00%	★★★★★☆
DCC (LSE:DCC)	3.47%	★★★★★☆

Click here to see the full list of 62 stocks from our Top UK Dividend Stocks screener.

We'll examine a selection from our screener results.

Computacenter (LSE:CCC)

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

Overview: Computacenter plc is a technology and services provider for corporate and public sector organizations in the UK, Germany, France, North America, and internationally, with a market cap of £2.29 billion.

Operations: Computacenter plc generates revenue of £6.44 billion from its Computer Services segment, serving a range of corporate and public sector clients across various regions.

Dividend Yield: 3.2%

Computacenter recently increased its interim dividend by 3.1% to 23.3 pence per share, reflecting a commitment to shareholder returns despite a decline in half-year sales and net income. The company's dividends are well-covered by earnings and cash flows, with payout ratios of 46.8% and 28.2%, respectively, indicating sustainability. However, the dividend yield is relatively low compared to top UK payers, and past volatility in payments suggests caution for income-focused investors.

• Click here to discover the nuances of Computacenter with our detailed analytical dividend report.
• Our valuation report here indicates Computacenter may be undervalued.

DCC (LSE:DCC)

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

Overview: DCC plc is involved in the sales, marketing, and distribution of carbon energy solutions globally, with a market cap of £5.61 billion.

Operations: DCC plc generates revenue through its segments: DCC Energy (£14.22 billion), DCC Healthcare (£859.38 million), and DCC Technology (£4.77 billion).

Dividend Yield: 3.5%

DCC has consistently increased its dividends over the past decade, recently announcing a 5% rise in its interim dividend to 66.19 pence per share. The company's dividends are well-covered by earnings and cash flows, with payout ratios of 59.5% and 39.5%, respectively, ensuring sustainability. Despite trading below fair value estimates, DCC's dividend yield of 3.47% is modest compared to top UK payers. The company is actively pursuing acquisitions to enhance shareholder value further.

• Dive into the specifics of DCC here with our thorough dividend report.
• Insights from our recent valuation report point to the potential undervaluation of DCC shares in the market.

RS Group (LSE:RS1)

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

Overview: RS Group plc, with a market cap of £3.45 billion, is involved in the distribution of maintenance, repair, and operations products and service solutions across the United Kingdom, United States, France, Germany, Italy, Mexico, and internationally.

Operations: RS Group plc generates its revenue from two main segments: Own-Brand Products, contributing £404.70 million, and Other Product and Service Solutions, accounting for £2.53 billion.

Dividend Yield: 3%

RS Group offers a reliable dividend yield of 3.02%, supported by a sustainable payout ratio of 61.8% from earnings and 48.8% from cash flows, indicating good coverage. Although the yield is lower than the top UK dividend payers, RS Group has maintained stable and growing dividends over the past decade. Recent earnings showed a slight decline in net income to £78.2 million, but dividends remain well-supported by financial metrics, trading at a value below fair estimates.

• Take a closer look at RS Group's potential here in our dividend report.
• According our valuation report, there's an indication that RS Group's share price might be on the cheaper side.

Key Takeaways

• Access the full spectrum of 62 Top UK Dividend Stocks by clicking on this link.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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