AUS
NZ
UK
CA
USA
IND
Summary
- Risk averse investors are increasingly looking towards high yielding dividend stocks as a means to park their money.
- DP Aircraft, Seneca Growth Capital, APQ Global etc, are some of the dividend champions.
Dividend investing is usually preferred by investors having a lower risk threshold due to it providing a stable income stream in the form of dividend pay outs to shareholders.
As the markets have bounced back this year, so have concerns regarding overvalued stocks and rising inflation. In an effort to combat these challenges, risk averse investors are increasingly looking towards high yielding dividend stocks as a means to park their money.
In this article, we take a look at the 10 best performing dividend stocks this year:
- DP Aircraft Ltd (LON: DPA)
DP Aircraft is a holding company focused on the purchase ,leasing and sale of Boeing 787 aircrafts. The company is listed on the main market on the LSE. DP Aircraft recently announced its FY 2020 annual financial report, stating a loss after tax at US$ 155.127 million compared to a profit after tax of US$ 23.169 million in FY 2019.
The company’s market cap stands at £5.48 million, while its dividend yield stands at 192.9 per cent, making the highest yielding stock on the LSE in 2021.
Also, DP Aircraft’s five-year average dividend yield stands at 30.6 per cent.
Also Read: Boeing Enters DPA in 737 MAX Probe, Agrees to Pay $2.5Bn
- Seneca Growth Capital VCT PLC (LON:HYG)
Seneca Growth Capital is a generalist venture capital trust. It was previously known as Hygea VCT PLC. The company’s unaudited net asset value (NAV) per B share as of 11 June stood at 106.1 pence, up by 5.7 pence from the previously reported NAV on 29 March.
The rise was attributed to change in value of the B share investments after having offset Q2 2021’s running costs.
The company’s market cap stands at £2.96 million, while its dividend yield stands at 80.00 per cent, this year.
Also, Seneca Growth Capital’s five-year average dividend yield stands at 39.5 per cent.
- APQ Global Ltd (LON: APQ)
AIM listed company APQ Global is an international emerging market income company. The company recently announced its unaudited book value per share as of 31 May of US$ 39.11, compared to US$ 39.07 on 30 April.
The company’s market cap stands at £10.19 million, while its dividend yield stands at 48.00 per cent, this year.
Also, APQ Global’s five-year average dividend yield stands at 12.9 per cent.
- Mobeus Income & Growth 2 VCT PLC (LON:MIG)
Main market listed company Mobeus Income & Growth 2 is another venture capital trust firm which invests mainly in diverse portfolio of unquoted companies in the UK. The company’s NAV per share was at 100.91 pence as at 31 March, and its FY 2021 NAV total return per share stood at 47.8 per cent.
The company’s market cap stands at £66.00 million, while its dividend yield stands at 41.5 per cent, this year.
Also, MIG’s five-year average dividend yield stands at 25.3 per cent.
- KKV Secured Loan Fund Limited (LON:KKVL)
KKV Secured Loan Fund is a UK based diversified equipment leasing and asset finance investment company and is also a constituent of the FTSE All-Share index.
The company recently announced the return of capital at 3 pence per share totalling £ 10.6 million to ordinary Shareholders. It also announced a capital return amounting to £9.72 million to C shareholders, at 7 pence per share.
The company’s market cap stands at £59.80 million, while its dividend yield stands at 39.7 per cent, this year.
Also, KKVL’s five-year average dividend yield stands at 14.3 per cent.
- Oxford Technology 4 Venture Capital Trust PLC (LON:OXF)
Oxford Technology 4 VCT is a venture capital trust focused on investing in startups and early stage companies. It is listed on the main market.
The company’s NAV per share stood at 30.8 pence per share at 31 May, compared to 26.4 pence per share as at 28 February.
The company’s market cap stands at £2.73 million, while its dividend yield stands at 31.3 per cent, this year.
Also, OXF’s five-year average dividend yield stands at 15.6 per cent.
- Triple Point VCT 2011 PLC (LON:TPOA)
Triple Point is a venture capital trust which invests in a portfolio of VCT qualifying and non-qualifying investments.
The company’s NAV per venture share was 105.99 pence per share as at 13 July, rising by 4.88 per cent from its previously reported NAV per share of 101.06 pence per share as of 28 May.
The company’s market cap stands at £4.55 million, while its dividend yield stands at 27.3 per cent, this year. Also, Triple Point’s five-year average dividend yield stands at 17.7 per cent.
- Mobeus Income & Growth VCT PLC (LON:MIX)
Mobeus Income & Growth is a UK based venture capital trust and was previously known as Matrix Income and Growth VCT.
The company recently announced its an interim dividend of 5.00 pence per ordinary share, for FY 2021, which is expected to be paid on 12 July.
The company’s market cap stands at £91.02 million, while its dividend yield stands at 26.1 per cent, this year. Also, MIX’s five-year average dividend yield stands at 22.1 per cent.
- Doric Nimrod Air Two Ltd (LON:DNA2)
Doric Nimrod Air Two is a Guernsey domiciled aircraft leasing company. The company announced its FY 2022 interim dividend at 4.50 pence per ordinary preference share, which will be payable on or around 30 July.
The company’s market cap stands at £131.29 million, while its dividend yield stands at 23.4 per cent, this year. Also, Doric’s five-year average dividend yield stands at 12.9 per cent.
- Secured Income Fund PLC (LON:SSIF)
Secured Income Fund is an investment management fund and is listed on the main market. The company’s unaudited estimated NAV per ordinary share (cum-income) was at 40.84 pence per share as at 31 May, compared to 63.92 pence per share as at 30 April.
The company’s market cap stands at £22.93 million, while its dividend yield stands at 23.1 per cent, this year. Also, Doric’s five-year average dividend yield stands at 9.3 per cent.
Also Read: Top 10 AIM Stocks with Dividend
