From Morningstar: 2024-04-03 04:53:00

The first quarter of 2024 saw top-performing UK dividend stocks deliver steady incomes and impressive growth. Spirent Communications, 4imprint Group, and Virgin Money UK were among the top performers, offering investors high yields and healthy returns. The Morningstar UK Dividend Yield Focus index rose 2.7% in the past month and 6.4% in the past year, outperforming the overall UK stock market.

Spirent Communications, a software infrastructure firm, rose 62.2% in the first quarter with a 16.6% gain over the past year. 4imprint Group, an advertising agency, increased by 38.7% in the quarter and 37.9% over the past year. Virgin Money UK, a bank, gained 31.3% in the first quarter and rose 50.2% in the past 12 months. Beazley, DS Smith, Bank of Georgia Group, Clarksons, NatWest Group, Barclays, and Just Group also performed well in the first quarter.

Investors interested in finding more top-performing or undervalued dividend stocks can explore the full list of Dividend stocks in the Morningstar UK Dividend Yield Focus index. Using tools like the Morningstar Screener and Portfolio Manager can help investors build a watchlist and track the performance and valuations of dividend stocks. Valuations and economic moats can also be important factors to consider when investing in stocks for long-term growth and stability.



Read more at Morningstar: 10 Best-Performing UK Dividend Stocks for the Quarter