Usually, companies paying high dividends are with strong fundamentals. To investors, dividends can be a way to provide a regular income stream. The first quarter of 2024 has ended and investors are looking forward to the next earnings season. In this article, we list 5 best-performing dividend stocks in the UK and how you can invest in them.

Highest UK Dividend Stocks:

1. British American Tobacco
2. Imperial Brands
3. BT
4. Schroders
5. Lloyds Banking Group

British American Tobacco

• Estimated dividend yield: 9.95%

British American Tobacco (BAT) is a leading global tobacco company with a strong presence in the UK market. With a robust portfolio of popular tobacco brands, BAT has established itself as a reliable dividend payer.

Imperial Brands

• Estimated dividend yield: 8.43%

Imperial Brands is another prominent player within the UK tobacco industry. Known for its diverse portfolio of tobacco and next-generation products, the company has a track record of rewarding investors with regular dividend payments.

BT

• Estimated dividend yield: 7.07%

BT Group, a telecommunications giant, holds a prominent position in the UK market. Through its various business divisions, BT provides a range of communication services, including fixed-line, mobile, and broadband.

Schroders

• Estimated dividend yield: 5.72%

Schroders is a renowned asset management company that operates globally. With a long-standing history dating back to 1804, Schroders has a wealth of experience in managing investments across various asset classes.

Lloyds Banking Group

• Estimated dividend yield: 5.35%

Lloyds Banking Group is a leading financial institution in the UK, offering a comprehensive range of banking and financial services. As one of the largest retail banks in the country, Lloyds Banking Group has a broad customer base and a strong market position.

How to invest in the best-performing dividend-paying stocks in the UK?

1. Create a stock trading account with Fortrade: Fortrade is a FCA-licensed broker, offering over 300 instruments.
2. Invest in shares: login to Fortrade trading platform with your account and choose your shares. You can trade shares, indices and forex via CFDs, which means you can speculate on the price movements without owning the underlying asset.