10 UK Stocks with the Highest Dividends

7. BP p.l.c. (NYSE:BP)

Dividend Yield: 4.81%

Number of Hedge Fund Holders: 49

BP p.l.c. (NYSE:BP) It is one of the UK’s highest-dividend stocks, having paid dividends for over 50 years. The company currently pays a quarterly dividend of $0.4992/ADS and has a dividend yield of 4.81%, as of June 16.

On June 11, RBC Capital reiterated an Outperform rating on BP Plc. (NYSE:BP). The research firm remains confident about the company’s long-term outlook, citing a more supportive macro environment. The firm expects the stock to outperform its peers, even as investors seek clarity on the medium-term growth ambitions and the balance-sheet end goal.

Meanwhile, Reuters reports that BP Plc has opened talks about a potential sale of stakes in two of its Gulf of Mexico projects. The company has been eyeing the sale of minority stakes in the Kaskida and Tiber projects for more than a year, transactions expected to unlock billions of dollars for the company. It joins a string of oil and gas companies that are increasingly selling minority stakes to free up capital invested in them.

BP p.l.c. (NYSE:BP) is a global integrated energy company. It operates across the entire energy value chain, from exploring for and producing oil and gas to trading energy and delivering finished products like fuels, lubricants, and convenience items to consumers worldwide.