High yielding dividend stocks can be attractive to income seeking investors due to the large dividend payouts. However, these large dividends may be unsustainable, and very high yields may indicate a company is financially struggling, and a dividend cut may be likely in the future. Therefore, it is always important to look beyond the yield, and examine the company fundamentals to ensure the current high dividend payout is sustainable for the future. In this page, we list the top dividend yielding stocks (excluding investment trusts) from the UK FTSE 100 and FTSE 250 list of shares. The companies below all have unbroken and increasing annual dividends for at least the previous five years, and have so far, not forecast to reduce future dividend payments. While this criteria will not guarantee no future dividend cuts, as a company can reduce the dividend at any time, it can serve as a good initial filter for high yield UK dividend stocks. For a full list of all FTSE dividend yields see the FTSE 100 dividend yields page, the FTSE 250 dividend yields page, and the Investment Trust dividend yields page.
| TDIM (EPIC) | PHNX | Sector | Life Insurance |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 10.22% |
| Dividend Frequency | Biannual | Dividend Payment Dates | May, Sep |
Phoenix Group Holdings (PHNX) is a FTSE 100 company providing insurance services, and long-term savings and retirement products. Listed in 2009, it has been steadily growing the dividend, increasing the annual dividend in the previous five years. Phoenix Group Holdings pays two dividends of equal amount each year (see PHNX dividend payment page). The current Phoenix Group Holdings yield is 10.22%.
| TDIM (EPIC) | MNG | Sector | Investment Banking and Brokerage Services |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 9.81% |
| Dividend Frequency | Biannual | Dividend Payment Dates | May, Oct |
M&G (MNG) is a FTSE 100 company that provides savings and investment products. It listed on the London Stock Exchange in 2019 from a demerger from Prudential. It has consistently paid a high and increasing dividend every year since listing, averaging about 9% dividend yield over the past 5 years. M&G pays two dividends per year, and the current M&G dividend yield is 9.81%.
| TDIM (EPIC) | BATS | Sector | Tobacco |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 7.94% |
| Dividend Frequency | Quarterly | Dividend Payment Dates | Feb, May, Aug, Nov |
British American Tobacco (BATS) is a FTSE 100 company that provides tobacco, nicotine, and vaping products to consumers around the world. It has a strong history of dividend payouts, having increased the annual dividend every year for over twenty five years. Only nine other FTSE 100 companies have achieved such a long record of unbroken and rising annual dividends. Over the past 15 years, British American Tobacco has grown its annual dividend at a compound annual growth rate of 5.91%, (see British American Tobacco dividend history). It is also one of the few quarterly dividend payers in the FTSE, paying four dividends per year. These dividends are paid every three months in equal amounts (see BATS dividend payment page). The current British American Tobacco yield is 7.94%.
| TDIM (EPIC) | RAT | Sector | Investment Banking and Brokerage Services |
|---|---|---|---|
| Index | FTSE 250 | Dividend Yield | 5.23% |
| Dividend Frequency | Biannual | Dividend Payment Dates | May, Oct |
Rathbones Group (RAT) is a FTSE 250 company that provides individual investment and wealth management services for private clients, charities, trustees and professional partners. It has a strong dividend history having increased the annual dividend for 14 consecutive years, and a compound annual dividend growth rate of about 5% over 15 years (see RAT dividend history). Rathbones Group pays two dividends per year, and the current Rathbones Group dividend yield is 5.23%.
| TDIM (EPIC) | UU. | Sector | Gas, Water and Multi-utilities |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 4.63% |
| Dividend Frequency | Biannual | Dividend Payment Dates | Feb, Aug |
United Utilities Group (UU.) is a FTSE 100 company that provides water and wastewater services. It has cut the annual dividend on two occasions in 2009 and 2011, but has grown the annual dividend steadily for the past 13 years. Over the past 10 years, United Utilities Group has grown its annual dividend at a compound annual growth rate of 3.28% (see United Utilities dividend history). UU. pays two dividends per year, an interim dividend and a final dividend, with the final dividend being a larger payment than the interim dividend (see UU. dividend payment page). The current United Utilities yield is 4.63%.
| TDIM (EPIC) | ICG | Sector | Investment Banking and Brokerage Services |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 3.60% |
| Dividend Frequency | Biannual | Dividend Payment Dates | Jan, Aug |
Intermediate Capital Group (ICG) is a FTSE 250 global alternative asset manager. It has grown the annual dividend for the past 15 years. It pays two dividends per year, an interim dividend in January and a final dividend in August (see ICG dividend payment page). The current Intermediate Capital Group yield is 3.60%.
| TDIM (EPIC) | DCC | Sector | Industrial Support Services |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 3.60% |
| Dividend Frequency | Biannual | Dividend Payment Dates | Jul, Dec |
DCC is a FTSE 100 support services group with divisions in Energy, Healthcare and Technology. DCC has a strong history of dividend payouts, having increased the annual dividend every year for over 25 years. Very few FTSE 100 companies have achieved such a long record of unbroken and rising annual dividends. The compound annual dividend growth rate has been about 8% over 5, 10, and 15 year periods (see DCC dividend history). DCC pays two dividends per year, an interim dividend in December and a final dividend in July. The current DCC dividend yield is 3.60%.
| TDIM (EPIC) | DGE | Sector | Beverages |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 3.35% |
| Dividend Frequency | Biannual | Dividend Payment Dates | Apr, Oct |
Diageo (DGE) is a FTSE 100 alcoholic beverages company that has over 200 brands sold in 180 countries. It has increased the annual dividend every year for over twenty five years, growing the annual dividend at an average of 5% each year (see Diageo dividend history). Diageo pays two dividends per year, and the current Diageo dividend yield is 3.35%.
| TDIM (EPIC) | BA. | Sector | Aerospace and Defense |
|---|---|---|---|
| Index | FTSE 100 | Dividend Yield | 2.51% |
| Dividend Frequency | Biannual | Dividend Payment Dates | Jun, Nov |
BAE Systems (BA.) is a FTSE 100 company that provides technology defence, aerospace and security solutions. It has a strong history of dividend payouts, having increased the annual dividend every year for 20 years. Over the past 15 years, BAE Systems has grown its annual dividend at a compound annual growth rate of 5% (see BAE Systems dividend history). BA. pays two dividends per year, an interim dividend and a final dividend, with the final dividend being a larger payment than the interim dividend (see BA. dividend payment page). The current BAE Systems yield is 2.51%.