Ferrexpo, Imperial Brands, M&G: Should you buy these dividend stocks now?

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Ferrexpo, Imperial Brands, M&G: Should you buy these dividend stocks now?

 Ferrexpo, Imperial Brands, M&G: Should you buy these dividend stocks now?
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Highlights

  • Dividend-paying stocks are not just important to those who need a passive income as you always have a choice to re-invest them instead to generate higher returns in the future.
  • Before investing in any stock look for the company’s fundamentals, as all these factors may affect dividend pay-outs.

Stocks that offer dividends can provide a great opportunity to generate passive income and help in the diversification of your investment portfolio, as inflation is now at 7% on an annual basis for March. There are many dividend-paying stocks listed on the London Stock Exchange and according to a research report from Capital Asset Services, UK dividends may reach a total of £2 trillion within the next 10 years.

There are many dividend-paying stocks listed on the London Stock Exchange

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However, before investing in any stocks it’s important to do your own research as these predictions aren’t guaranteed and the price and dividends of a stock may fluctuate. But dividend-paying stocks are not just important to those who need a passive income as you always have a choice to re-invest them instead to generate higher returns in the future. These stocks allow investors to generate returns through capital appreciation and dividends.

Before investing in any stock look for the company’s fundamentals, such as earnings, management, and debt, as all these factors may affect dividend pay-outs. Also, you may look for companies that may increase their dividend in the coming future as it indicates that the company’s fundamentals are strong, and they have more cash on their balance sheet.

Let us look at 5 FTSE-listed dividend stocks that you may add to your portfolio.

Ferrexpo Plc (LON: FXPO)

Mining company Ferrexpo Plc is an iron ore pellet producer with operations in central Ukraine. With a market cap of £1,086.60 million, the miner is currently offering a dividend yield of 18.1% a year. It has given its shareholders a negative return of -48.79% over the last one year as of 14 April 2022, while its return stands at -37.01% on a year-to-date basis.

Ferrexpo Plc’s shares were trading at GBX 187.80, up by 1.73%, at 10:15 AM (GMT) on 14 April 2022. 

Also Read: 5 FTSE penny stocks to watch in April

Persimmon Plc (LON: PSN)

Housebuilding company Persimmon Plc’s market cap stands at £6,819.98 million as of 14 April 2022. The company operates through 31 regional operating businesses across the UK. The housebuilder is currently offering a dividend yield of 11.0% a year. It has given its shareholders a negative return of -32.71% over the last one year as of 14 April 2022, while its return stands at -25.14% on a year-to-date basis.

Persimmon Plc’s shares were trading at GBX2,138, up by 0.09%, at 10:15 AM (GMT) on 14 April 2022. 

  There are many dividend-paying stocks listed on the London Stock Exchange

2022 Kalkine Media®

Imperial Brands Plc (LON: IMB)

The world’s fourth-largest international tobacco company, Imperial Brands Plc, operates across 120 markets. With a market cap of £15,867.06 million, the company is currently offering a dividend yield of 8.3% a year. It has given its shareholders a return of 6.27% over the last one year as of 14 April 2022, while its return stands at 1.92% on a year-to-date basis.

Imperial Brands Plc’s shares were trading at GBX 1,651.50, down by 1.11%, at 10:15 AM (GMT) on 14 April 2022. 

Also Read: Australian firms to inject £28.5bn in UK infra: Where you can focus now?

M&G Plc (LON: MNG)

Saving and investment management company M&G Plc manages investments for both individuals and institutional investors. With a market cap of £5,435.73 million, the company is currently offering a dividend yield of 8.7% a year. It has given its shareholders a return of -3.00% over the last one year as of 14 April 2022, while its return stands at 5.51% on a year-to-date basis.

M&G Plc’s shares were trading at GBX 210.40, up by 0.43%, at 10:15 AM (GMT) on 14 April 2022. 

Diversified Energy Company Plc (LON: DEC)

Oil and gas company Diversified Energy Company Plc is an independent energy company focused on acquiring and enhancing primarily natural gas producing assets and related midstream infrastructure in the US onshore. With a market cap of £981.45 million, the company is currently offering a dividend yield of 10.8% a year. It has given its shareholders a return of 0.74% over the last one year as of 14 April 2022, while its return stands at 10.20% on a year-to-date basis.

Diversified Energy Company Plc’s shares were trading at GBX 114.60, down by 0.69%, at 10:15 AM (GMT) on 14 April 2022.  

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.

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