FTSE 100 dividends: the top 10 yields

We look at the 10 stocks with the best dividend yields in the FTSE 100 and discuss if you can depend on these blue-chips for income.

the city of london at sunset
Record FTSE 100 dividends are expected
(Image credit: © Getty Images)

Blue-chip companies on the FTSE 100 are expected to have returned £77.8bn of dividends to shareholders in 2023, according to AJ Bell’s latest Dividend Dashboard. 

The report considers the highest best dividend yields in the FTSE 100, based on company data and forecasts by City analysts.

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CompanyDividend yield 2023
Phoenix Group (LSE: PHNX)11%
Vodafone (LSE: VOD)10.8%
British American Tobacco (LSE: BATS)10.6%
M&G (LSE: MNG)9.2%
Legal & General (LSE: LGEN)8.6%
Imperial Brands (LSE: IMB)8.1%
St James's Place (LSE: STJ)8%
NatWest (LSE: NWG)7.8%
Aviva (LSE: AV)7.7%
Glencore (GLEN)7.4%
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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.