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High yield shares?

I have some smaller stocks in my portfolio and am looking for a couple of less volatile high dividend yeild shares as part of this years ISA

can anyone post a list from advfn or suggest a few

ta
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Comments

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 April 2009 pm30 10:24PM
    @ Mickeymellon,
    You want less volatile, high yield shares?
    Have you been following the news?
    What's in your Rizla?

    I'd think about offloading what you have while you can.

    I could have made my point just as clearly without the Rizla reference, it was unnecessary and I apologise.
  • Banderman
    Banderman Posts: 351 Forumite
    Water and electricity companies should fit the bill. Severn Trent, etc
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    Depends what you mean by high yield! Most of the FTSE-100 is high yield compared to deposit accounts.

    I just ran the following screen at digitallook:

    FTSE-100 stocks
    Beta maximum = 1
    Riskgrade maximum = 200
    Forecast dividend yield minimum for next two years = 5% (current forecast yield for ftse 100 is 4.6%)

    the results are:

    AstraZeneca, British American Tobacco, Cable & Wireless, Drax, GlaxoSmithkline, Imperial Tobacco, Severn Trent, Unilever, United Utilities.

    Most of these stocks have a forecast yield around 6% (Unilever is the lowest at 5.3%). Glaxo has the lowest beta (0.5) and has a forecast yield of 5.8% which is covered 1.9x. All the stocks are considered defensives, unsurprising given the beta requirement of max 1. Of course many of the firms have plenty of governmental risk and the utilities usually have a lot of debt.

    Remember: Do Your Own Research!

    Mr Mumble

    Disclaimer: I own three of the stocks the filter came up with!
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • mrposhman
    mrposhman Posts: 749 Forumite
    Mr_Mumble wrote: »
    Depends what you mean by high yield! Most of the FTSE-100 is high yield compared to deposit accounts.

    I just ran the following screen at digitallook:

    FTSE-100 stocks
    Beta maximum = 1
    Riskgrade maximum = 200
    Forecast dividend yield minimum for next two years = 5% (current forecast yield for ftse 100 is 4.6%)

    the results are:

    AstraZeneca, British American Tobacco, Cable & Wireless, Drax, GlaxoSmithkline, Imperial Tobacco, Severn Trent, Unilever, United Utilities.

    Most of these stocks have a forecast yield around 6% (Unilever is the lowest at 5.3%). Glaxo has the lowest beta (0.5) and has a forecast yield of 5.8% which is covered 1.9x. All the stocks are considered defensives, unsurprising given the beta requirement of max 1. Of course many of the firms have plenty of governmental risk and the utilities usually have a lot of debt.

    Remember: Do Your Own Research!

    Mr Mumble

    Disclaimer: I own three of the stocks the filter came up with!

    Not sure I would recommend the big health companies. A lot of their product licences are expiring shortly and if they don't replace them then the SP or dividend yield could take a hit.

    I would add BP and Shell to your list of high yield companies.
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    If someone is considering putting a basket of high dividend shares into their portfolio and are planning to actively manage this always have the top payers, I'd be interested to see how the cost compares to a managed high income fund.

    Doing it on your own, each transaction you make to add/sell shares will cost you a transaction fee. Also you need to spend a portion of time every few months checking if you still have the top payers.

    A fund will do this for a percentage management fee. So there must be a point where you have small pot of money to invest that it works out cheaper to put it in a managed fund and pay the management charge, than to go it on your own and pay the transaction fees?
  • tradetime
    tradetime Posts: 3,200 Forumite
    You can do it through an ETF such as IUKD or IDVY or even IAPD for a little Asian exposure.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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