10 Safest Dividend Stocks in the UK

4. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Number of Hedge Fund Holders: 42

Willis Towers Watson Public Limited Company (NASDAQ:WTW) ranks fourth on our list of the best FTSE dividend stocks. The London-based insurance company offers commercial insurance, brokerage services, and strategic risk investment solutions. In the fourth quarter of 2024, the company reported revenue of $3.04 billion, which showed an over 4% growth from the same period last year. Its income from operations also showed a 16% YoY growth at $901 million. Moreover, the company’s net income jumped 100% on a YoY basis at $1.2 billion.

Willis Towers Watson Public Limited Company (NASDAQ:WTW) is placing greater emphasis on data-driven solutions to assist with risk and capital management. In late October 2024, it introduced a machine-led solution designed to transform insurance practices. This new solution helps insurers and re-insurers enhance accuracy and efficiency in property and casualty reserving. In the past 12 months, the stock has surged by nearly 20%.

Willis Towers Watson Public Limited Company (NASDAQ:WTW) also reported a strong cash position in FY24. The company’s operating cash flow came in at $1.5 billion and its free cash flow amounted to $1.4 billion. It currently offers a quarterly dividend of $0.88 per share and has a dividend yield of 1.08%, as of February 10. WTW is one of the best FTSE dividend stocks on our list as the company has been raising its payouts for nine consecutive years.