Top 40 High-Yield Blue-Chip UK Stocks 2024

A regularly updated list of high-yield blue-chip UK stocks from the FTSE 350

Most dividend investors are usually on the lookout for their next potential investment, so here you'll find a list of the top 40 high-yield blue-chip UK stocks.

This is a purely mechanical list that ranks blue-chip stocks from the FTSE 350 by a combination of their market capitalisation (bigger is better) and forecast dividend yield (higher is better), and then selects the 40 stocks with the best combination.

The list is updated every month and a related blog is published at the beginning of each quarter.

The data for the list is kindly provided by SharePad.

Top 40 UK Dividend Stocks - February 2024

Top UK Dividend Stocks

As of February 2024, the top ten UK dividend stocks were:

  1. British American Tobacco
  2. HSBC
  3. Glencore
  4. Vodafone
  5. Rio Tinto
  6. Legal & General
  7. NatWest
  8. Imperial Brands
  9. Lloyds Banking Group
  10. Aviva

Top 40 UK Dividend Stocks - Archive

If you'd like to know what the top UK dividend stocks were in the past, use the links below to visit any of the related quarterly blog posts, which include additional commentary that was relevant at the time.

How are these top 40 stocks ranked?

The ranking system is extremely simple.

This is a list of high-yield blue-chip (i.e. large) UK stocks, so the list is created using the following process:

  1. Start with all stocks in the FTSE 350
  2. Remove any stocks where the dividend yield or forecast yield is zero yield (i.e. no dividend paid last year or expected next year)
  3. Give each remaining stock a "size rank" based on market cap
  4. Give each stock a "yield rank" based on the forecast yield
  5. Sort the list by the combined yield and size rank so the stock with the best combination of large size and high yield is at the top of the list, followed by the next best and so on

This website provides information and education for investors. It does not provide financial advice or recommendations to buy or sell any specific investment. If you're not sure if an investment is right for you, you should speak to a regulated financial adviser. Please read the disclaimer for more detail.