Top Stocks Blog Book Strategy Portfolio Newsletter Resources About

UK Top 40 Quality Dividend Stocks 2024

A regularly updated list of progressive dividend stocks from the UK

To help you find your next potential investment, here are the top 40 (based on a combination of size and yield) progressive dividend stocks from the FTSE 100, FTSE 250, Small-Cap, Fledgling and AIM UK 50 indices.

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

The list is based on data provided by SharePad.

Top 40 UK Dividend Stocks - July 2024

UK Top 40 Quality Dividend Stocks

Top UK Dividend Stocks

As of July 2024, the top ten stocks were:

  1. British American Tobacco
  2. Legal & General
  3. National Grid
  4. Phoenix
  5. Reckitt Benckiser
  6. Unilever
  7. Schroders
  8. Diageo
  9. United Utilities
  10. Severn Trent

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.

Note that before April 2024, the list was focused on high-yield dividend stocks, whereas the list is now focused on high-quality dividend stocks:

How are the top 40 dividend stocks ranked?

The stocks that make up the top 40 list are selected and sorted using the following rules:

Select stocks that:

  1. Are in the FTSE 100, FTSE 250, FTSE Small-Cap, FTSE Fledgling or AIM UK 50 indices
  2. Paid a dividend in every one of the last ten years
  3. Held or raised their dividend in every one of the last ten years

Sort those stocks by:

  1. Size: Assign each stock a size rank, with the highest market cap having a size rank of 1
  2. Yield: Assign each stock a yield rank, with the highest yield having a yield rank of 1
  3. Size and Yield: Add the size and yield rank together for each stock; sort the list by the combined rank in ascending order so the stock with the best combination of large size and high dividend yield is at the top of the list
  4. Top 40: Remove stocks outside the top 40

This website provides information, education and tools 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.