Summary
- Dividend is one of the major aspects of a share that attracts long-term investors.
- There are many LSE-listed companies that distribute dividends periodically.
Dividends are certainly a cherry on the cake as the capital gains realised from the appreciation in share prices get an additional uptick if both the things are cumulatively taken into consideration. Moreover, the dividend payments help in maintaining a periodic income stream if an investor is holding a sizable number of shares.
There are a bunch of companies listed on the London Stock Exchange that announce a dividend on a regular basis, while there are some of them have dropped or deferred the dividend payments in the last year due to Covid-19 uncertainty in the businesses. Dividend yield is the foremost primary thing that makes the stocks attractive among the pack of hundreds of publicly traded entities.
Also Read | Which are the top dividend-yielding players investors can look for in 2021?
Copyright © 2021 Kalkine Media Pty Ltd.
We take a look at three FTSE All-Share stocks with a dividend yield of more than 10 per cent
Honeycomb Investment Trust PLC (LON:SCRF)
The company boasts a dividend yield of 12.5 per cent as per the last closing price of GBX 962.50 apiece. The stock of Honeycomb Investment Trust has amassed a gain of 26 per cent in the last six months making it the share with the highest dividend yield. Honeycomb Investment last declared an interim dividend of GBX 20 per ordinary share for the July-September quarter.
The dividend was paid on 29 December 2020 to all the eligible shareholders that were recorded on the register as on 27 November 2020. The earnings per share (EPS) of Honeycomb is 0.79. Honeycomb shares are an actively traded component of FTSE All-Share index.
Raven Property Group Ltd (LON:RAV)
The real estate investment company has a dividend yield of 11.4 per cent according to the previous closing price of GBX 28.50. Past six months have not been so momentous for the enterprise, as far as the share price performance is concerned, with the stock of Raven Property dropping nearly 11 per cent.
Also Read | A Glance at The Top 10 FTSE Dividend Stocks For 2021
Earlier on 11 February, Raven Property declared a preference dividend of GBX 1 with respect to the preference shares for the October-December quarter. The company has fixed 19 February as the record date and 18 February 2021 as an ex-dividend date.
According to Raven Property, the shareholders of preference shares are eligible to a gross dividend of GBX 3 apiece.
SME Credit Realisation Fund Ltd (LON:SCRF)
The company has a dividend yield of 11.2 per cent as per the previous market price of GBX 62.75 per share. SME Credit has managed to register a gain of a little more than 10 per cent in the last six-month period.
SME Credit’s last dividend was GBX 1.3125 per share. The company announced the quarterly dividend in April 2020 which was scheduled to be paid in May 2020. For the purpose of dividend distribution, SME Credit had fixed 24 April as the record date and 15 May 2020 as the dividend distribution date.