From Morningstar: 2024-11-05 10:06:26

In October 2024, dividend-paying stocks like Morgan Sindall Group, DS Smith, and Serica Energy outperformed in the UK market, offering lucrative yields. The Morningstar UK Index, measuring market performance, saw a drop of 3.8% in dividends over the past month but a rise of 15.4% over the year.

Morgan Sindall Group, an engineering and construction company, soared 22.9% in October with a 105.6% increase over the past year. DS Smith, a packaging company, rose 18.1% and gained 97.6% in the last 12 months. Serica Energy, an oil and gas company, saw a 13.9% increase in October.

Standard Chartered, Bank of Georgia, Pearson, Games Workshop, Energean, Cairn Homes, and St. James’s Place were also among the best-performing dividend stocks in the UK market in October 2024. These companies offered steady growth and attractive yields to investors.

The Morningstar UK Dividend Yield Focus Index, which includes high-quality dividend-paying stocks, fell 3.8% in the past month but rose 15.4% over the past year. The index does not consider environmental, social, or governance criteria in its selection process, focusing solely on dividend-yielding securities. Use Morningstar’s Screener tool to find top dividend stocks based on your criteria. Portfolio Manager helps track valuations, ratings, and yields. Understand stock selection beyond dividends with Morningstar’s guide. Models provide star ratings for non-analyst-covered companies. Automation aids in article generation, ensuring editorial standards. Authors do not own mentioned securities. Join Morningstar Basic for full access.



Read more at Morningstar: The 10 Best-Performing UK Dividend Stocks of…