Top 10 Safest Dividend Stocks in the UK

6. Unilever PLC (NYSE:UL)

Number of Hedge Fund Holders: 30

The U.K.-based giant Unilever PLC (NYSE:UL) holds a vast portfolio of consumer staples and everyday household brands, spanning everything from cleaning supplies and personal care products to food items. In June, the company reached a deal to purchase the men’s grooming company Dr. Squatch from private equity firm Summit Partners in a transaction valued at $1.5 billion, as per a Financial  Times report. Dr. Squatch has built a strong reputation for offering high-quality, natural personal care items, particularly appealing to millennial and Gen Z male consumers. The company is reportedly on course to exceed $400 million in annual revenue.

In the first quarter, Unilever PLC (NYSE:UL) achieved underlying sales growth of 3%, demonstrating the strength of its increasingly premium and innovation-driven portfolio in developed markets. It has implemented strategies in certain emerging markets to accelerate growth in the remainder of the year. Despite ongoing global economic uncertainties, the company remains confident in meeting its full-year targets due to the quality of its innovation program, substantial brand investments, and enhanced competitiveness.

Unilever PLC (NYSE:UL) also grabs investors’ attention due to its strong dividend policy. The company currently offers a quarterly dividend of $0.5151 per share and has a dividend yield of 3.21%, as of July 25.