Best dividend shares

getmore4less

You might want to have look at

High yield portfolio on www.fool.co.uk

Fees on 1k investments can work out quite high,

brasso

Also consider IUKD, the iShares ETF that buys the top 50 highest dividend-paying shares from the UK FTSE 350. It has a low TER (0.4%) though transaction costs can be unpredictable if there is a lot of buying and selling within the fund. The upside is that you get an instant spread across the 50 equities.

Google IUKD for more info. I recently bought some to see how it compares with individual shares.

gadgetmind

brasso wrote: »

Also consider IUKD, the iShares ETF that buys the top 50 highest dividend-paying shares from the UK FTSE 350.

It's come a cropper a few times as it tends to get over-exposed in a big way to certain companies and sectors.

The Vanguard UK Equity Income tracker uses additional filters and limits to prevent this, but I still wouldn't use it as more than a small part of a balanced portfolio. I use it to give a mild value edge to the UK portion of my holdings.

BLB53

Also worth looking at SPDR UK Dividend Achievers (UKDV.L) launched last month with a TER of only 0.3%.

C_Mababejive

grubby23 wrote: »

Thanks gents for all your input, quite some feedback. I have already invested £8000 last year into funds, here is the list into which ones I invested:

Aberdeen Latin American Equity
Artemis Global Energy
Baring ASEAN Frontiers
JPMorgan Natural Resources

A little amount has been invested in shares of SSE plc.

In order to limit the fund fee, I would like to invest in specific shares that pay dividends.

How about I invest my £6000 as follows:

£1000 Vodafone
£1000 Shell
£1000 Tesco
£1000 National Grid
£500 VOG
£1500 UBS Emerging Markets Equity Income

Thanks!

No,it;ll end in tears due to dealing charges,both buy and sell for such small deals. If you want a punt, I'd put 500 in VOG and the rest split in two and choose two funds from say,the HL wealth 150.

kingboth12

Why VOG? Just to be clear, we are talking Victoria Oil and Gas (http://www.iii.co.uk/investment/detail?code=cotn:VOG.L&it=le)?

The original poster asked about shares with high dividends. Why the hell would anyone suggest an AIM company that does not currently pay dividends and has no income (this will change shortly). THey are also around 4p and not 10p. This includes a sopike of around 25% due to a rumour of a takeover so could easily fall by a similar amount at any point. Shares like this in AIM have an ability to rise and fall very rapidly and often without any reason.

I'm not suggesting this is a bad share for someone who is aware of the risks and keen to take one but it does not fit in at all with what the OP was originally discussing.

OP - i would have a look at the fool website previously posted and http://monevator.com/ also has articles discussing high yield portfolios. Both will tell you that 4 or 5 shares is not enough diversity but ultimately you have to decide the best strategy for you.

Reaper

I agree VOG is a strange recommendation. Actually I am not very keen on the others suggested either:

C_Mababejive wrote: »

National Grid,also have a look at Cable and wireless comms and Cable and wireless worldwide. Both companies are cheap at the moment and pay good divis.

Maybe National Grid though Digital Look says there are as many brokers with Sell recommendations as Buy.
Both the C&W companies have been in decline for years. With one of them there is the possibility of a takeover so I would say it's price is currently artificially high, not cheap. If the takeover doesn't happen expect it to drop.

pqrdef

Nobody's mentioned Invesco Perpetual. Has Neil Woodford's star faded then?

C_Mababejive

Yes sorry,misquoted VOG at 10p when it is,as you say,around 4p....so plenty of upside and potential for gain now that the spadework has been done. As you say,no divi though.

CWC and CW..well they are very cheap compared to price at split and still pay good divis. They are both viable and large companies with good asset bases.

sabretoothtigger

This is a long thread for such a simple answer, get a FTSE tracker.


Every share you mention is in the tracker in high proportion, its weighted to large sizes and its a heck of a lot less hassle and worry.
A cunning plan delivers little over a simple one


Mababejive, all that is high risk. My own master plan would be BNC and TEF both 10% div, both high risk and really not suitable.
However they are at least major UK high street brands which lends an air of false security :laugh:

pqrdef wrote: »

Nobody's mentioned Invesco Perpetual. Has Neil Woodford's star faded then?

He pulled it off again in 2011 apparently, closest we got to Warren Buffet