The popularity of dividend stocks could increase in future. One reason for this is the rising rate of inflation. It now stands at 3% and means that it is becoming more difficult to obtain a real-terms income return. Since Brexit is edging closer and uncertainty appears to be building regarding a deal between the UK and EU, it would be unsurprising if inflation moved higher.
With that in mind, here is one FTSE 100 dividend stock which could be worth holding for the long term. Although it faces an uncertain future, its income return could be relatively high.
James Halstead continues to trade in line with budgets against competitive headwinds, shareholders at the annual general meeting today will be told.
Geoffrey Halstead, who is stepping down after 17 years as chairman, will say: 'I am very proud of how the company has grown over that period which has been achieved by a first class team effort and I am leaving the company in very good hands.
Halstead - who has worked within the group for 70 years, 55 as a group director, will add: 'I congratulate Anthony Wild on his new role as chairman and Stephen Hall on becoming the senior independent direct
Judges Scientific (LSE:JDG) is the sort of success story investors dream about. The share price is up 1,900% in the last 10 years and in my opinion, it's all down to the wonderful strategy executed by CEO David Cicurel and Chairman Alex Hambro. Note that I've not included dividends in that return figure, of which there have been plenty.
James Halstead (LSE:JHD), the commercial flooring manufacturer and distributor, today reported another year of record profits, despite the shadow of uncertainty cast by last year's Brexit vote and tougher than normal trading conditions.
James Halstead has declared a record dividend following record turnover and profits for the year to the end of June.
Revenue rose to £240.8m - up 6.5% and pre-tax profits increased by 2.5% to £46.6m.
Earnings per ordinary share rose by 3.5% to 17.6p and the board has proposed a final dividend of 9.25p - up 8.8%.
Chief executive Mark Halstead said: 'Despite the shadow of uncertainty that "Brexit" has cast and in a year of clearly tougher than normal trading conditions it's satisfying to report another year of record profits.'