If only there were a quarterly review of the highest-yielding FTSE 100 shares...
Cue the nice people from AJ Bell Youinvest
If you haven't discovered it yet, AJ Bell Youinvest publish a free quarterly review of the top dividend payers in the of the biggest companies quoted in London which makes interesting reading for a DIY Income Investor like me.
The latest on their website is the 2021 Q2 Dividend Monitor. This edition gives a well-explained overview of what is happening to the big dividend payers, including topics such as:
- highest forecast yields - and why you need to be wary of the biggest yields (Rio Tinto tops leads the pack)
- dividend cover - what it is and why it is important
- dividend 'aristocrats' - how reliable dividends can end up being worth more than they seem (for example, if you had bought Ashtead in 2011, you would be earning nearly 25% on the price in current dividends)
In addition there is more on share buy-backs and the overall balance between money coming out of the FTSE 100 compared with new capital raising.
Of course, this is all a little out of date now - but worth looking out for the next edition.
By the way, I've held a Stocks & Shares ISA with AJ Bell Youinvest for many years and can recommend them. After reading this edition, I used this account to buy a big bunch of M&G shares (LSE:MNG) - adding to my previous purchase.
[Buy price: £2.275]
Thanks for this. I forgot their dividend dashboard quarterly even existed. Interesting read alongside Link's UK Dividend Monitor.
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