UK Dividend Champions

There’s no Dividend champion list for UK stocks. The US has the fantastic US dividend champion list, the Canadians have their Canadian All-star list and No More Waffles has started a new Euro Dividend All-Stars list. But there’s not a UK Dividend Champions list to be found. Until now…

The UK Dividend Champions List

The UK Dividend Champions List home page is at DividendChampions.UK which contains the full dividend history for companies that I’ve researched. For convenience the direct download link to the latest list is below.

See the original post on this subject for more background.

Dividend Champion Lists around the world

UK Market Sectors

Pharmaceuticals & Biotechnology

List Archives

The list archives have moved over to DividendChampions.UK. The blog posts for the lists remain on this site but the UK site now has the main table of list versions.

Other sites

DividendChampions.UK is an online view of my list.

An article from the Telegraph lists some long time dividend champions.

And some UK Fools listed some champions in one of the threads.

The NASDAQ UK Dividend Achievers Index lists UK companies with at least 5 years of increasing dividend payments.

Thanks

Thanks to M @ TheresValue for her help, enthusiasm and encouragement!

39 thoughts on “UK Dividend Champions”

    1. Hi thank you for creating and updating this list.

      I was wondering, have you considered including some UK investment trusts, several of which claim to have really long histories of raising dividends?

      City of London           48 years
      Bankers           48 years
      Alliance Trust           47 years
      Caledonia           47 years
      Foreign & Colonial           44 years
      F&C Global Smaller Companies           44 years
      Brunner           43 years
      JPMorgan Claverhouse           42 years
      Murray Income           41 years
      Witan           40 years
      Scottish American           35 years
      Merchants           32 years
      Scottish Mortgage           32 years
      Scottish IT           31 years
      Temple Bar           31 years
      Value & Income           27 years

      Best Regards,

      Dividend Growth Investor

      1. Hi DGI,

        Thanks so much for the feedback! I don’t intentionally exclude any IT trust, and some of the above are definitely included. I’ll check that the others you’ve listed to make sure.

        I base the list on financial data that I can find / prove. Unfortunately data isn’t usually available online prior to 1989; so the top end of the list tends to limit at 26 years or so.

        I see from Bankers annual report that they have a 48 year consecutive dividend growth history per your comment – I assume this is based on a financial year basis. I just checked their entry in my list where I had a 15/16 year history and I see there’s a mistake in the 1999 data at investorease which I used. They’ll get a promotion next month now.

        I recently added the FY growth history to the list where I’m willing to be more lenient and include companies growth claims and allow the “hold for a year” rule too. I’ll make some adjustments to those entries per your comments.

        Thanks again!
        Best wishes,
        -DL

        1. 1). DL – thank you for May2015 update.

          2) Yes, several UK trusts have indeed long dividend (and DG) histories (at least I know about City of London and Caledonia) but they are… trusts. So I think they should be not mixed with companies but in special separate table.

          3) Link for Euro Dividend All-Stars doesn’t work. DL can you email me their latest spreadsheet, please?

          SDS

          1. Hi SDS,

            I’ve emailed you the AllStar list and sent you the latest link to NMW’s homepage.

            Regarding IT / funds, I’ve always left it up to readers of the list to filter them out by excluding the Equity Investment category in the list if they didn’t want to include them. Likewise with REIT’s etc.

            But a lot of feedback I’m getting recently suggests that people prefer separate worksheets instead. It’s too late for me to make significant changes for the June update as I’m preparing to release that tonight, so I’ll deal with the IT entries in the July update.

            Best wishes,
            ~ DL

    2. Towards the Unilever stock. Their dividend is called in Euro’s, their own currency, which results in a 20-year growth streak, since 1995.
      They actually went from 1,05/year to 1,12/year or a 6,67% increase. But as result of exchange rates it has a big fat ‘0’ on your list, as recieved dividends were lower in 2014 compared to 2013 (91,05 vs 90,20) due to exchange rate fluctuations.

      So while i get your UK-based list, perhaps you could take a look at the base currency and dividend rewards for the various stocks before determining actual growth streaks. At least in my book, an >6% increase is no cut.

      1. Hi GoT,

        I’m showing ULVR (PLC not NV) as a 26-year growth company based on their CY data which is the focus of my list. The 0-year value is for the FY dividend history per the company’s declared dividend payments in sterling in their Annual Reports and website.

        I have it on my ‘todo’ list to remove the currency exchange rate from the FY results, so I’ll take a look at that and see what I can do. This change will likely introduce other currencies such as US $, Australian $ into the List, as I don’t want to single out any one company or currency. Some companies may be removed from the FY list for the same reasons that others would be added.

        Thanks for the feedback,
        Best wishes,
        -DL

  1. Hi DL,

    I just want to say a big thank you to you and TV for putting this together. It’s a great piece of work and one I will undoubtedly keep an eye on in the future.

    Many thanks
    Huw

  2. Great list. Thanks for compiling. As U.S. investors we are not treated to the knowledge of amazing companies that are domiciled outside our borders. It’s a shame since there are many great dividend paying companies outside the U.S. Thanks again for creating this list.

  3. Hello,
    Thank you for the fruitful list. It is quite good and I hope you will have enough patience to keep it updated.
    Some notes/questions:
    It seems that in Summary table it would be more useful to have Deletions and Additions, Promotions & Demotions is separate columns instead of the same columns and different rows as now.
    Some firms traded at LSE pay dividends in US$ or/and EUR – how will you handle them?
    Probably the best DG forum is http://seekingalpha.com – I think you should inform folks there about your list.
    It seems that your list missing the following stocks or (more probably) my information isn’t correct:
    ADM
    AMEC
    CLDN
    CTY (fund)
    DLN
    DVW
    DWHT
    FDSA
    FSTA
    GFS
    GLB
    HCFT
    KYGA
    LTC
    MTO
    PAP
    PHP
    RCDO
    REL
    SAB
    SGE
    SKY
    SMIN
    SMJ
    SPX
    TATE
    TET
    UBM
    WOS
    Please double check.

    Good luck!
    SDS (Seductive Dividend Stocks)
    http://seekingalpha.com/user/725729/profile

    1. Hi SDS,
      Thank you so much for the detailed feedback, I really appreciate that!

      1. Summary Table. I’ve noted your comments and will look into combining the summaries into one list in a future version.

      2. Handling currency, euro, $ etc. My aim is to have all dividend values converted to UK currency to reflect what a UK investor would receive using the company’s official conversion rates where available. This means that some stocks have been de-listed because of currency valuations.

      3. Thanks for the tip about the seeking alpha forum!

      4. I’ve looked through your list of stocks – here’s my initial feedback based on January’s list. I’m still working on the February list to add back some wrong deletes due to duplicate entries in Yahoo’s database.

      ADM -> Not listed due to 3-yr growth
      AMEC -> The symbol changed name to AMFW. Included in List.
      CLDN -> Not listed due to 3-yr growth
      CTY -> Not listed due to 0-yr growth
      DLN -> Not listed due to 3-yr growth
      DVW -> MISSING
      DWHT -> MISSING
      FDSA -> Not listed due to 1-yr growth
      FSTA -> Not listed due to 1-yr growth
      GFS -> Not listed due to 0-yr growth
      GLB -> MISSING
      HCFT -> MISSING
      KYGA -> MISSING
      LTC -> MISSING
      MTO -> Included in List as 4-yr Near Challenger
      PAP -> MISSING
      PHP -> Added in upcoming version of List as 4-yr Near Challenger
      RCDO -> Included in List as 4-yr Near Challenger
      REL -> Included in List as 4-yr Near Challenger
      SAB -> Not listed due to 0-yr growth
      SGE -> Not listed due to 1-yr growth
      SKY -> MISSING
      SMIN -> Included in List as 4-yr Near Challenger
      SMJ -> MISSING
      SPX -> Not listed due to 2-yr growth
      TATE -> Included in List as 4-yr Near Challenger
      TET -> MISSING
      UBM -> Not listed due to 1-yr growth
      WOS -> Not listed due to 1-yr growth

      I’ll review the missing ones and include them in this week’s update of the List. Verifying that the other stocks really are < 4-years will take longer. Thanks again for your comments and feedback! Best wishes, -DL

      1. Hi DL,

        I’m studying your WWW site. You mentioned “collected dividend data for all of the 470 stock symbols that pay dividends on the London Stock Exchange. ”
        Hmmm… I think there are more. I can email you MS-Excel file of all LSE stocks, so you can run your script to find hopefully more firms for your list.

        Unfortunately, Yahoo (my prime info source for dividends) has errors. Often splits or special div. mix picture of div history, so David Fish manually check(ed) info in companies WWW sites. I’d postpone such titanic work and wait feedback from your list users.

        BTW: SKY = BSY – they renamed company and ticker.
        MTO – I believe they increased div in last 10 years.
        Disclosure – I own both.

        I think the other companies I mentioned in previous comment also increased div in last 5+ years, check for splits, etc…..

        Sincerely
        SDS

        1. Hi SDS,

          Yes I’ve noticed many errors on Yahoo, likewise errors on Morningstar. I tend to find investorease fairly good at UK dividend history, but it has errors too. (I’m not affiliated with any of these sites in any way). Another source of errors is currency – a lot of the historical data sources don’t handle companies switching their accounting from GBp to US$ for example.

          I’ve been working manually through the list starting at the longest paying stocks to verify / correct the data and compensate for splits. It’s a lot of work as you point out and I’m amazed at how bad the data on reputable websites can be.

          As of today, I have 1478 UK companies in my list – 521 of them pay a dividend and 262 of those have paid for 4 years or more. If you’re willing to send me your list please mail it to dividendlife@live.com and I’ll take a look at it to check against mine.

          I couldn’t find BSY on the UK markets, only in the US – per Sky’s investor site their symbol is currently SKY so I’m using that for now.

          I checked MTO too – you’re correct that they’ve increased their dividend on a Financial Year basis for 10 years or more, however I’m counting by ex-dividend in Calendar Year. They had three ex-dividend dates in 2009 as they adjusted their dividend payment schedule from January & July to June & December – this shows up in the list as a decrease in 2010 so I count 4 years of growth.

          I’ve gone through the other stocks you mentioned and many of them had long dividend growth history – DWHT, HCFT, LTC, SKY, SMY and TET are all added to the list now. DVW didn’t get added as I’m showing a decrease in 2014 on a CY basis, and I’m not including GLB, KYGA and PAP as they’re not part of the FTSE or AIM indexes as far as I can tell.

          Thanks again for your help and feedback!

          Best wishes,
          -DL

  4. Thank you for the update.
    I’d like to propose 2 new columns for your list – the year when a company started to pay dividends and year when a company started to pay continious dividends. Although 2 companies might have the same DG streak duration, their div. histories can be quite different.
    SDS

    1. Hi SDS,

      I like both of those ideas although there may some limitations: I can include the first year where there’s evidence of a dividend payment…typically that’s back to 1993 or so.

      To represent the continuous nature, would it be more helpful to include e.g. the percentage of missed years e.g. if they started paying dividends in 2000, but stopped in 2004 and again in 2008 before resuming in 2010 then they’d get an 80% payment rate (3 out of 15 years)? And would this be helpful for reduced payments as well as cut payments?

      Appreciate your thoughts as always and I’m still working through some of your earlier suggestions!

      Best wishes,
      -DL

  5. UK trusts:

    1) There is no rush IMO, so people can wait till July. [See also http://seekingalpha.com/instablog/725729-sds-seductive-dividend-stocks/975571-illustrative-comment-to-open-letter-to-etf-industry-create-a-better-dividend-growth-product-by-david-van-knapp for DG trust – but overlap with list posted here is strong].

    2) More important. Almost all US dividend funds were unable to keep dividends during last Great Recession (http://seekingalpha.com/instablog/725729-sds-seductive-dividend-stocks/496871-dividend-champions-vs-selected-dividend-funds-performance-12-31-2007minus-3-30-2012) while many UK trust increased dividends during last decade even with such disasters as BP oil accident. I think that analysis how UK trusts listed above did handle DG output from their portfolio will be very useful for many DGis. I guess annual reports and letters to holders can be useful.

    3) There are few good interviews on seekingalpha.com with DGis. It seems fruitful to have interview with UK trust managers esp. if they are in charge for long time. If it possible we can prepare list of questions for managers.

    SDS

  6. Thanks. Appreciate the work. Good list to get a UK investor looking at some other names. By the way RDSB (royal dutch) has to be a champion no?

    1. Hi JB,

      Thanks for stopping by!

      I’m currently showing RDSB as a 3-year growth history since its dividends in 2011 were lower than 2010 (105.33 vs. 106.80 in UK sterling)
      In the company’s official US $ declarations, the dividend was held the same at $1.68 from 2010 to 2011). So either way it doesn’t qualify for a 5+ year continued growth length.

      The complete history that I have is can be seen via this link – I’m in the process of converting the declared amounts back to US $.

      Best wishes,
      -DL

  7. Great list of stocks to possibly buy AFTER they have been ravaged by this current bear market. Don’t make the mistake of believing that dividend growth stocks will protect you in a large bear market.

  8. Appreciate your amazing work, it just a GREAT list. Thanks for compiling. As U.S. investors I am not treated to the knowledge of amazing companies that are domiciled outside our borders. It’s a shame since there are many great dividend paying companies outside the U.S. Thanks again for creating this list.
    And I’d like to propose 2 new columns for your list – the year when a company started to pay dividends and year when a company started to pay continious dividends. Cause it might be very useful for many reasons.

    1. Hi August,

      Thanks for the feedback, it’s always good to hear that the list is useful. There are definitely a lot of great UK dividend payers and typically they enjoy a higher yield than their US counterparts.

      I am working on the January 2016 list update right now so I’ll look at getting at least one of the columns in, probably the first start year. It won’t be completely accurate initially as I don’t have all the history so it’ll err on the conservative side but over time I should be able to research the data more completely. Anyway, the list should be out in a day or two.

      Thanks for stopping by!

      Best wishes,
      -DL

  9. Great website. Many thanks for all the effort you put in.
    I notice Wood Group (John) does not appear on the list but it appears to qualify.
    Just wondered if it had been overlooked.
    Garry

    1. Hi Claire,
      Thank you for taking the time to say thanks and comment!
      The list is now updated for September 2016 – I’m sorry in the delay in getting an update published.
      Best wishes,
      -DL

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