Published on 20 Jun 2024 on Simply Wall St. · via Yahoo Finance
Exploring Dividend Stocks: Choosing One Over Entain For Better Returns
The appeal of dividend stocks in the United Kingdom, where the average yield hovers around 3.8%, can be quite enticing for those looking to generate income from their investments. However, it's crucial to scrutinize the sustainability of these dividends. Companies like Entain, with high payout ratios, may signal a red flag that their dividends could be at risk, potentially impacting investor returns adversely. In this article, we will explore two such stocks: one that offers promising returns and another that investors might consider avoiding due to concerns about its dividend sustainability.
Top 10 Dividend Stocks In The United Kingdom
NameDividend YieldDividend RatingJames Latham (AIM:LTHM)6.35%★★★★★★Impax Asset Management Group (AIM:IPX)7.28%★★★★★☆Dunelm Group (LSE:DNLM)7.33%★★★★★☆DCC (LSE:DCC)3.55%★★★★★☆Plus500 (LSE:PLUS)5.87%★★★★★☆Grafton Group (LSE:GFTU)3.88%★★★★★☆Big Yellow Group (LSE:BYG)3.85%★★★★★☆Rio Tinto Group (LSE:RIO)6.42%★★★★★☆NWF Group (AIM:NWF)4.42%★★★★★☆Hargreaves Services (AIM:HSP)6.74%★★★★★☆