Top 10 Safest Dividend Stocks in the UK

5. Diageo plc (NYSE:DEO)

Number of Hedge Fund Holders: 39

Diageo plc (NYSE:DEO) is among the best FTSE dividend stocks. The company owns well-known brands such as Johnnie Walker, Tanqueray, Ketel One, Don Julio, and many other premium spirits. It is also the producer of Guinness, the famous Irish stout. With a portfolio of over 200 brands, Diageo sells its products in 180 countries worldwide.

Although Diageo plc (NYSE:DEO)’s offerings cover a wide range of price points, the company has recently concentrated on acquiring and developing premium brands. This strategy allows the company to raise prices more easily, as it does not rely on competing through lower costs, and aligns with the growing consumer preference for higher-quality spirits.

Diageo plc (NYSE:DEO) is a solid dividend payer, having raised its payouts for 25 consecutive years. The company pays an interim dividend of $1.62 per share for a dividend yield of 3.87%, as of July 25.