2024 UK Dividend List
Don't we all love dividends?
The world is moving into a new high interest rate environment and as investors, we should be demanding higher dividends. Today we are looking at UK's dividend plays. The UK is one of the few countries in the world with no withholding tax on dividends. The other is Singapore. Today, we shall take a look at what are the good UK dividend stocks using our favorite poems screen.
1. Poems’ screen
As per previous years, we have used the above screen with ROEs, ROAs and Operating Margins driving the screen (below). The UK list this year generated 20 odd names. Many of which had been discussed here: Reckitt, Diageo, BHP amongst others. They are still here because they have not outperformed. The market has been very focused on the Magnificent Seven and similar stocks such that the rest of the good old names are forgotten. We continue to believe these names are compounders and the investment theses described are still intact.
