Top UK dividend stocks in Q2 2024 saw gains, offering steady income and growth potential.

From Morningstar: 2024-07-02 08:43:00

In the second quarter of 2024, the top-performing dividend-paying stocks in the UK included Hargreaves Lansdown (HL.), CMC Markets UK (CMCX), and Britvic (BVIC). These companies offered investors steady income and growth potential. The Morningstar UK Dividend Yield Focus Index, tracking high-quality dividend-paying stocks, rose 2.8% in the past month and 10.0% in the past year. Hargreaves Lansdown, CMC Markets, Britvic, and other top performers experienced significant gains in the second quarter, with forward dividend yields ranging from 2.54% to 5.7%. These companies also offered trailing 12-month dividends and had Morningstar Ratings ranging from 2 to 4 stars. The Morningstar UK Index, which measures the overall UK stock market, gained 3.7% in the quarter and 13.0% in the past year. Investors looking for additional dividend stock ideas can explore the Morningstar UK Dividend Yield Focus Index, analyze FTSE 100 dividend payers, use the Morningstar Screener tool, and leverage Morningstar Portfolio Manager to build watchlists of top dividend stocks. It’s essential for investors to consider valuations, competitive advantages, and other key metrics when evaluating stocks for potential outperformance.



Read more at Morningstar: The 10 Best-Performing UK Dividend Stocks of Q2 2024