5 UK Dividend Stocks To Buy

In this article, we discuss 5 UK dividend stocks to buy. You can see some more stocks from this list and our overview of the UK economy by clicking 10 UK Dividend Stocks To Buy.

5. British American Tobacco p.l.c. (NYSE:BTI)

Dividend Yield as of March 29: 8.64%

Number of Hedge Fund Holders: 18

British American Tobacco p.l.c. (NYSE:BTI) is a London-based manufacturer of vapor, traditional, and modern oral nicotine and tobacco products. British American Tobacco p.l.c. (NYSE:BTI) is one of the most notable UK dividend stocks, with a yield of 8.64% as of March 29. 

British American Tobacco p.l.c. (NYSE:BTI) declared on February 17 a $0.735 per share quarterly dividend, a 1.4% increase from its earlier dividend of $0.725. The dividend will be distributed on May 9, for shareholders of record on March 25. 

JPMorgan analyst Jared Dinges on March 24 maintained an Overweight rating on British American Tobacco p.l.c. (NYSE:BTI) and lifted the price target to £4,000 from £3,550. 

Among the hedge funds tracked by Insider Monkey, 18 funds were bullish on British American Tobacco p.l.c. (NYSE:BTI) at the end of December 2021, up from 9 funds in the prior quarter. Rajiv Jain’s GQG Partners is the largest stakeholder of the company. Jain added British American Tobacco p.l.c. (NYSE:BTI) to his portfolio in Q4 2021 by purchasing 15.1 million shares worth $567.7 million.