I need a 5%+ Dividend Yielding UK Share

marathonic

cepheus wrote: »

Caveat: Treating dividends and capital like chalk and cheese, rather than thinking in terms of total return and risk is very irrational and dangerous in my view.

Very true and I wouldn't do it for my overall portfolio. Return for this particular portion doesn't really bother me - as long as it's stable. Growth, if any, will just be an added bonus.

I must look into the Investment Trust idea. Like I said above, I've no experience with the UK investment scene.

I came here for ideas that I can investigate further so don't be worried that I'm blindly going to take action based solely upon forum advice (hope that doesn't offend anyone responding).

I also need to look into the tax situation regarding my chosen investment based upon the fact that all other investments will be through ISA's so I've an entire annual Capital Gains Tax free allowance available to me.

sabretoothtigger

Perelandra wrote: »

NB: I work for British Gas, so I'm this this industry (hence my interest!).

CNA is a good one for energy


I would argue for 10% dividends :j

BNC and TEF which is SAntander and Telefonica both of which serve UK but are massively global.
Both are hated as Spanish rioters will continue to wreck their outlook, etc
tip: Spain aint such a big deal overall

Both will take years to rise back fully most likely. Really if you dont know you should just get ISF which holds FTSE and pays 3.2% near enough

or DVYA which holds 30 Asia pacific shares, 4.56% yield

Sounds exotic to us peasants but its safer then FTSE which itself is exposed to dangers from Russia, etc when somehow we figure its British its mostly not

C_Mababejive

Perelandra wrote: »

National Grid?

Share price is relatively stable (so unlikely that the £2k thing would be breached). Currently at a little under 5.5%.

There's some political risk there, though.


NB: I work for British Gas, so I'm this this industry (hence my interest!).

NG is riding high at the moment as far as SP goes and i think the NG bubble may soon burst. Their settlement under RIIO was much less than they would have wanted,they hold a lot of debt,have regulatory pressures in the US and will shortly announce a new dividend policy.

Masomnia

Some preference shares are yielding more than that and are less volatile than ordinary shares.

C_Mababejive

Perhaps a well selected fund would be safer given the limited choice of companies in this yield bracket?

Reaper

Good suggestions above. As you want to buy and forget I would add Merchants Trust, currently on a 5.4% dividend and which has been raised every year without exception for the last 30 years.

C_Mababejive

Reaper wrote: »

Good suggestions above. As you want to buy and forget I would add Merchants Trust, currently on a 5.4% dividend and which has been raised every year without exception for the last 30 years.

Price seems to have leapt recently.
Why is it that when you check these things, you've almost always just missed the boat?

gadgetmind

Masomnia wrote: »

Some preference shares are yielding more than that and are less volatile than ordinary shares.

WHS.

My wife and daughter both have "metric shedloads" of LLPC and NWBD. It's worked well to date and they have no intention of reducing their positions.

However, to be fair, they probably aren't aware of them.

simarks

merlingrey wrote: »

Sainsbury's (or maybe Tesco) because you know what they will be doing 10 years+ from now.

Vodafone? not got a clue, big company but remember they had the second biggest loss in corporate history next to RBS and 13th biggest loss in the world below citigroup and they done that twice (2002+2006), and that was before the recession.

If you call that "safe" i'd hate to see what the hell you call dangerous.

You can't rule out the whole technological sector just because you don't understand it.

They may have had losses in 2002 and 2006 but the dividend still went up.

Vodafone are a safe bet, but if you don't want to touch your shares in a 10+ year period then I wouldn't invest in the stockmarket.

mulronie

I'm overweight GSK (GlaxoSmithKline)

Quite a few solid paying drugs and brands, the pipeline is one of the better ones in big-pharma, a good proportion of foreign earnings.

And it's in a growth industry, even in mouldy Europe as the baby-boomers start retiring and enjoying single-payer healthcare that is almost uniformly immune from austerity.

Technically it's yielding 4.99% though at Friday's close