Best UK Dividend Growth Stocks to Maximize Your Returns - 2024

The United Kingdom is home to some of the most attractive dividend growth stocks, offering investors a blend of stability and long-term potential. UK dividend growth stocks are particularly appealing due to the country’s well-established businesses across sectors like financial services, consumer goods, and energy. These companies have a strong track record of increasing dividends over time, making them ideal for investors seeking both income and capital appreciation. We’ll explore top UK dividend growth stocks, explaining why the UK market remains an interesting investment area for those looking to build a portfolio with consistent, growing dividends.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
AstraZeneca2.31%71.25%30.45%4.86%0.17%0.42%-6.50%
GSK4.63%95.58%21.42%3.84%0.18%-4.37%-3.27%
Rio Tinto6.96%63.95%9.46%1.83%0.20%5.54%8.49%
BP7.90%182.37%29.19%1.22%0.04%-7.33%-2.73%
Prudential Financial5.18%46.21%10.94%79.42%0.19%6.79%11.20%
SharkNinja1.09%41.80%38.56%7.72%0.22%0.00%0.00%
Tractor Supply1.59%41.93%26.39%12.83%0.50%27.98%17.10%
Vodafone10.05%310.07%232.66%3.80%0.02%-11.34%-5.14%
Rentokil Initial1.77%55.87%132.36%12.46%0.09%17.15%12.15%
Ferguson1.96%45.28%23.47%7.25%0.32%9.57%3.37%
Hecla Mining0.57%557.33%948.41%1.72%0.00%25.39%5.88%
Gladstone Land4.28%304.61%29.45%0.62%0.02%0.81%-9.42%
Archer-Daniels-Midland2.85%37.91%9.97%1.17%0.11%6.08%9.00%