Top Yield Picks

[MancunianStacker]

Hi 👋 

Sorry if there is a Topic on this already but Vodafone dropped 3% today and pays around 11% although this is likely to go down next year. Stock price is at 1997’s price!

https://www.fool.co.uk/2023/12/03/id-buy-vodafone-and-hsbc-shares-in-2024-for-their-spectacular-dividend-forecasts/

https://www.dividenddata.co.uk/dividendyield.py?market=ftse100&sort=yield&order=1
 

Just FYI I bought some stock at 90p thinking that was cheap, so might get some more at month end. Seems like a value stock today.

Any thoughts?

[AOB]

2 hours ago, MancunianStacker said:

Hi 👋 

Sorry if there is a Topic on this already but Vodafone dropped 3% today and pays around 11% although this is likely to go down next year. Stock price is at 1997’s price!

https://www.fool.co.uk/2023/12/03/id-buy-vodafone-and-hsbc-shares-in-2024-for-their-spectacular-dividend-forecasts/

https://www.dividenddata.co.uk/dividendyield.py?market=ftse100&sort=yield&order=1
 

Just FYI I bought some stock at 90p thinking that was cheap, so might get some more at month end. Seems like a value stock today.

Any thoughts?

Dividend is always great, just depends whether they consistent or do they stop it from time to time - to allow for growth.

Albeit seems like decent buy from long term view and all the analysts are rating it to buy at current price..

 

[Stacktastic]

18 hours ago, MancunianStacker said:

Hi 👋 

Sorry if there is a Topic on this already but Vodafone dropped 3% today and pays around 11% although this is likely to go down next year. Stock price is at 1997’s price!

https://www.fool.co.uk/2023/12/03/id-buy-vodafone-and-hsbc-shares-in-2024-for-their-spectacular-dividend-forecasts/

https://www.dividenddata.co.uk/dividendyield.py?market=ftse100&sort=yield&order=1
 

Just FYI I bought some stock at 90p thinking that was cheap, so might get some more at month end. Seems like a value stock today.

Any thoughts?

I am going to set up a 212 account for my kids I think and pick off some stocks like this as the UK is not as bad as the USA - its due a major correction & flat line IMO. They have a bank account with a pile of money my wife has let sit for over 8 years now!! She also has 20k in cash that she has held for a few years. You cant tell them  

 

Shall we all amass a list of the best dividend plays based on the yield and consistency over the years??
I use my ISA account for trading, so a new account would be good. 
My ISA is also full of stupid mistakes at-70% or so.  

I dont look at the FTSE, how healthy is it compared to the S&P in the shadow of a monumental crash, we are all expecting? I heard it was undervalued? I guess my point is that as much as I get the 'time in the market' stuff, I dont want to make sizeable 'investments' right on at the cusp of a 25-50% retrace in value, especially in banking stocks and such likes.  

Edited December 14, 2023 by Stacktastic

[Spyder]

34 minutes ago, Stacktastic said:

I am going to set up a 212 account for my kids I think and pick off some stocks like this as the UK is not as bad as the USA - its due a major correction & flat line IMO. 
They have a bank account with a pile of money my wife has let sit for over 8 years now!! She also has 20k in cash that she has held for a few years. You cant tell them  

 

Shall we all amass a list of the best dividend plays based on the yield and consistency over the years??
I use my ISA account for trading, so a new account would be good. 
My ISA is also full of stupid mistakes at-70% or so.  

if you want regular dividend that pays over 7% look at STAB, RSAB, both bonds and when eventually interest do start to come down, the price will also rise giving you both capital gain and dividends. A more risky bond paying almost 12% is IPF3. 

Can get all the info you need from here

https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/gbp-bonds

[Stacktastic]

3 hours ago, Spyder said:

if you want regular dividend that pays over 7% look at STAB, RSAB, both bonds and when eventually interest do start to come down, the price will also rise giving you both capital gain and dividends. A more risky bond paying almost 12% is IPF3. 

Can get all the info you need from here

https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/gbp-bonds

Will do. I am going to set up an account for my wife tomorrow as she is working now & she can set a level to add to her account. 

Nice to see Clencore in there. With a crash and recession coming, that should be hit hard!
But its a producer of most metals and stuff, including Uranium, copper & Gold. 
Whats not to like about that going forward into the next couple of decades!! 

[Thomast]

Personally I did own some Vodafone stock recently. But sold for a small profit

the fundamentals don’t look great. But I can’t see them going bust any time soon. 
I’ll be interested in them at 65p per share. Only with a small percentage of a larger portfolio 

and as the yield is 11% can’t really go wrong 

[shawy2510]

Im pretty new to stocks & shares to diversify myself but my best paying dividend is Legal & General at around 8% which in 6 months I am up 11% & S&P VUAG up 13.44%. Just don't invest in African mines 😆

[Bumble]

If you are looking at dividend stocks on London, it is worth checking out Rio Tinto (RIO.L), BHP (BHP.L), Glencore (GLEN.L), Aviva (AV.L), Woodside Energy (WDS.L), GlaxoSmithKline (GSK.L), British American Tobacco (BATS.L), Imperial Brands (IMB.L), Legal and General (LGEN.L), National Grid (NG.L), SSE (SSE.L), Land Securities (LAND.L), British Land (BLND.L), Lloyds Banking (LLOY.L), Barclays (BARC.L) or almost any of the major housebuilders.

If you see a corporate bond with a very high yield, it is probably high for a reason, i.e. the market is pricing in a significant level of risk.

[Stacktastic]

10 hours ago, Bumble said:

If you are looking at dividend stocks on London, it is worth checking out Rio Tinto (RIO.L), BHP (BHP.L), Glencore (GLEN.L), Aviva (AV.L), Woodside Energy (WDS.L), GlaxoSmithKline (GSK.L), British American Tobacco (BATS.L), Imperial Brands (IMB.L), Legal and General (LGEN.L), National Grid (NG.L), SSE (SSE.L), Land Securities (LAND.L), British Land (BLND.L), Lloyds Banking (LLOY.L), Barclays (BARC.L) or almost any of the major housebuilders.

Thanks @Bumble - I will definitely invest into a few of them if there is a decent draw down or crash, especially the first 3 of them! 
I personally am avoiding bank stocks like the plague, especially Barcklays as it has so much exposure to USA - it tanked in March!

On 16/12/2023 at 06:19, shawy2510 said:

Im pretty new to stocks & shares to diversify myself but my best paying dividend is Legal & General at around 8% which in 6 months I am up 11% & S&P VUAG up 13.44%. Just don't invest in African mines 😆

Well dome with legal and general. 10-15% is usually my sell level on swing trading, but longer term L&G should be OK?
Difficult to say about banking liked stocks, dont know the company details personally. 

Gawd! Africa is largely one of the worst mining jurisdictions unless you really know whats going on at ground level.
I have 3 stocks like this between 60-98%, one of them has a grand in it.  

Personally I would cash in that S&P ASAP - I doubled up my 3x leverage S&P short yesterday. 
We can come back to this post in 6 months and see if I am right or not.  
I may be wrong - as I swing trade, & have had that short for a long time. 


 

Edited December 29, 2023 by Stacktastic

[shawy2510]

I was going to leave them all for the long term & see how the fair. I am pretty new to it all & still getting the grasp of when I should take money or sell & rebuy.

Currently the better 2 I mentioned are up since I last posted.

Hoping to invest more into other sectors in the New Year.

[Bumble]

I'd not come across Premier African Minerals before. It is a microcap company (about £60M) and its assets are in Zimbabwe and Mozambique. That alone would make me run for cover. Some African jurisdictions are fine. I would say Botswana, Namibia and Morocco are investable. I would avoid South Africa, at least for the present. West African countries like Mali and Burkina Faso used to be considered OK until the recent coup/uprising in Niger. The Democratic Republic of Congo is an important mining jurisdiction but carries a fair amount of risk. Centamin (CEY.L) in Egypt is a company I have owned in the past: it used to pay a nice dividend.

[Earthmetal]

Does anyone think Shell & BP may be a good choice at the moment?

[AOB]

Just now, Earthmetal said:

Does anyone think Shell & BP may be a good choice at the moment?

Honestly I’m not sure, though the dividend is decent - I had BP, then sold my position yesterday to take my profits. 
 

I want to see how the energy sector plays out over the coming months..

[LightningSilver]

What does everyone think of Uranium?  I'm 11% up on Cameco for the last 2 months or so I've had it.

[Bumble]

Uranium did well in 2023 and may well continue to do so. I own some Yellowcake (YCA.L) and some of the Sprott Uranium miners fund (URNP.L).