Highlights
- As the UK economy is coming back on track, many UK companies are restoring dividends or increasing dividend pay-outs.
- The UK dividend pay-outs went up by 46.1% to £94.1 billion in 2021.
As the UK economy is progressively reaching the status quo, various UK companies have commenced the restoration of dividends or have raised their dividend pay-outs. After a turbulent 2020, the UK dividend pay-outs have gone up surging by 46.1% to £94.1 billion in 2021, as per Link Group's recent UK Dividend Monitor. The main driver of growth for this high headline figure was the bumper dividends paid out by mining companies, a major example being Evraz.
Investing in dividend stocks helps investors in earning passive income. The performance of dividend stocks has been pretty well last year, and the trend is expected to continue. Let’s take a look at the best dividend paying stocks listed on the LSE.
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Evraz plc (LON: EVR)
London-headquartered mining business Evraz plc is engaged in metals mining and vertically integrated steel manufacturing. The market cap of the FTSE100-listed firm stands at £7,468.49 million and it has provided a return of 3.82% to its shareholders over the past year as of 2 February 2022. Evraz plc is currently offering a dividend yield of 15.3% a year and its 5-year dividend yield stands at 11.3%. Evraz plc’s shares closed trading at GBX 513.00, up by 0.31%, on 2 February 2022.
Diversified Energy Company PLC (LON: DEC)
Previously known as Diversified Gas & Oil plc, Diversified Energy Company plc is an oil and gas production business with operations in the US. The market cap of the FTSE250-listed firm stands at £900.63 million, and it has provided a negative return of 9.09% to its shareholders over the past year as of 2 February 2022. The firm is currently offering a dividend yield of 11.2% a year and its 5-year dividend yield stands at 7.8%. Diversified Energy Company plc’s shares closed trading at GBX 107.00, up by 0.94%, on 2 February 2022.
CMC Markets Plc (LON: CMCX)
London-headquartered financial services group CMC Markets Plc provides its global customers with services like online trading in shares and spread betting. The market cap of the FTSE250-listed firm stands at £686.29 million, and it has given a negative return of 41.66% to its shareholders over the past year as of 2 February 2022. The firm is currently offering a dividend yield of 10.6% a year and its 5-year dividend yield stands at 5.4%. CMC Markets plc’s shares close trading at GBX 233.00, down by 1.06%, on 2 February 2022.
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Centamin plc (LON: CEY)
Australia-headquartered leading gold mining business, Centamin plc, publicly trades on both LSE and TSX. The market cap of the FTSE250-listed firm stands at £1,046.59 million, and it has provided a negative return of -22.38% to its shareholders over the past year as of 2 February 2022. The firm is currently offering a dividend yield of 10.7% a year and its 5-year dividend yield stands at 7.1%. Centamin plc’s shares closed trading at GBX 90.42, down by 0.09% on 2 February 2022.
Persimmon plc (LON: PSN)
UK-based housebuilding business Persimmon plc offers affordable homes across the UK. The market cap of the FTSE100-listed company stands at £7,622.65 million, and it has given a negative return of 7.81% to its shareholders over the past year as of 2 February 2022. The firm is currently offering a dividend yield of 9.8% a year and its 5-year dividend yield stands at 8.0%. Persimmon plc’s shares closed trading at GBX 2,417.00, up by 1.21%, on 2 February 2022.