Top Five Blue-Chip Dividend Stocks To Look For In 2020

  • Dec 30, 2019 GMT
  • Team Kalkine
 Top Five Blue-Chip Dividend Stocks To Look For In 2020

The FTSE 100 index has been one of the major indices that have provided an anchor to the London Stock exchange during the politico-economic turmoil of the past couple of years, affecting the United Kingdom on the backdrop of Brexit. The constituent companies of the index are presently not only among the blue-chip companies of the London Stock Exchange, but an increasing number of such companies have been expanding their operations internationally. These companies on account of their multinational revenue base were able to sustain much of the pre-Brexit jittery, while their smaller counterparts of the FTSE 250 index were not so lucky, other than that this expanded revenue base also ensured that these companies continue to bring in much needed foreign revenue into the country and they also have distributed record amounts of dividends during the year 2019.

We will discuss five such good dividend-paying blue-chip companies belonging to the FTSE 100 index which show the most promise for the year 2020.

  1. Aviva Plc - Aviva Plc (LON: AV.) is a multinational composite insurer group based out of London, United Kingdom. The group offers a wide range of savings and insurance products - including life, general and health insurance – and operates an asset management business as well. It is the UK's largest insurer and is country's only large scale, multi-line insurer, and has a strong international presence in Europe, Canada and Asia.

The latest announced dividend of the company is the first interim dividend of 2019 of 9.50 pence per share paid on 26 September 2019, prior to that the company had paid a final dividend for 2018 of 20.75 pence per share paid on 30 May 2019 and before that an interim dividend in 2018 of 9.25 pence per share paid on 24 September 2019. Given the business prospects of the company for the forthcoming year, a good dividend pay-out can be expected from it in 2020 as well.

  1. Glaxo SmithKline Plc - Glaxo SmithKline Plc (LON: GSK) is the United Kingdom based global pharmaceutical major. The company's portfolio of products includes prescription therapeutics, medicines and vaccines. Its prescription medications range across the therapeutic value chain including medications for anti-infective, dermatological conditions, gynaecology, diabetes mutatis, cardiovascular disorders and respiratory ailments. The company also provides a large number of vaccines for a range of diseases namely, for the prevention of hepatitis A, hepatitis B, invasive ailments as a result of Hemophilus influenza, chickenpox, diphtheria, pertussis, tetanus, rotavirus, cervical cancer and streptococcus pneumonia among others.

The latest announced dividend of the company is the third quarter dividend of 2019 of 19.00 pence per share to be paid on 09 January 2020, prior to that company had paid second-quarter dividend of 2019 of 19.00 pence per share on 10 October 2019 and before that the first-quarter dividend of 2019 of 19.00 pence per share paid on 11 July 2019. Given the business prospects of the company for the forthcoming year, a good dividend pay-out can be expected from it in the coming year as well.

  1. Vodafone Group Plc- Vodafone Group Plc (LON: VOD) is the United Kingdom domiciled telecommunication company providing a range of services including mobile communication, fixed communication, unified communication, internet of things (IoT), cloud hosting and security & carrier services based in Newbury. The company has standalone operations in 24 countries, network partnerships in 41, fixed broadband operations in 19 countries and as on 30 June 2019 the company has approximately 640 million mobile service subscribers, 21 million fixed broadband internet service subscribers and 14 million television service subscribers (includes joint ventures and associates).

The latest dividend announcement of the company is the first interim dividend of 2019 of ¢ 4.50 per share to be paid on 07 February 2020,  prior to that the company paid a final dividend of ¢ 4.16 for the year 2019 on 02 August 2019, prior to that the company had paid an interim dividend of ¢ 4.84 for 2019 on 01 February 2019. Given the business prospects of the company for the forthcoming year a good dividend pay-out can be expected from it going forward too.

  1. Imperial Brands Plc - Imperial Brands Plc (LON: IMB) is a British fast-moving consumer goods company, the company has two business verticals, tobacco products and logistics and its operations are spread across the world from Asia to Europe to the Americas.

The last announced dividend to be paid by the company is the Q4 dividend of 2019 of 72.01 pence per share on 31 March 2020. Before to that company will pay Q3 dividend of 2019 of 72.00 pence per share paid on 31 December 2019. Before that company had paid Q2 dividend of 2019 of 31.28 pence per share on 30 September 2019 and that of the Q1 dividend of 2019 of 31.28 pence per share as on 28 June 2019. Given the business prospects of the company for the forthcoming year a good dividend pay-out can be expected from it.

  1. BP Plc - BP Plc (LON: BP.) is the United Kingdom’s second-largest multinational oil and gas company having operations in all three streams (upstream, midstream and downstream)of the Oil & Gas industry, the company stands at the seventh rank in its Global 500 list of the world’s largest companies in terms of revenue as per Fortune Magazine and as on 31 December 2018 the company had operations in around eighty countries producing over 3.7 million barrels of oil equivalent per day from proven oil asset reserves of 19.945 billion barrels of oil equivalent, other than that the company now has started to invest in renewable energy verticals like wind energy, solar energy and biofuels, other than its traditional Oil & Gas verticals.

The last paid dividend of the company is the Q3 dividend of 2019 of 10.25 ¢ per share paid on 20 December 2019, before to that company had paid Q2 2019 dividend of 10.25 ¢ per share on 20 September 2019 and before that the Q1 2019 dividend of 10.25 ¢ per share on 21 June 2019. Given the business prospects of the company for the forthcoming year, a good dividend pay-out can be expected from it in 2020 as well.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

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