Stockpedia has a great page of resources for dividend income investing.
An article on Free from Broke entitled 'What are Dividends' provides a useful US-based background to what dividends are, why companies pay them and why they are a useful part of your investment strategy.
Digital Look provides summary information on the performance (including yield) of FTSE 100, FTSE 250 and Small Caps (these links show the dividend yields in descending order), giving a quick snapshot of possible candidate companies for your portfolio.
This is Money gives similar information on the FTSE 100, FTSE 250 and FTSE 350 - but double-check what you read here, as I have noticed some mistakes.
Other useful sites are Top Yields FTSE100 dividends and Ex-Dividend Dates (which also gives 'benchmark' yields - gilts and market average yields).
- gilts, (government bonds or government loan stock)
- corporate bonds (loans to companies)
- PIBS and PSBs (see below)
- Preference shares
General Information Sources
- Fixedincomeinvestments, (run by Mark Taber, as a ‘labour of love; it seems) has one of the most comprehensive resources on UK fixed-income securities, including price and yield data as well as information about redemption and calls. The website also provides well-informed comment on market developments.
- Fixedincomeinvestor (sponsored by Selftrade) has a comprehensive summary table of corporate bonds, although - annoyingly - it provides only income yields and not redemption yields. The security names link through directly to price charts. Their Bond of the Week feature is usually informative and thought-provoking.
Canaccord Genuity also provides weekly data for a range of UK, US and Canadian fixed-income securities.
I have only held Consols 4% (which I sold at a profit) - but the price is currently too inflated, meaning that the yield is not very attractive (around 4%) and you would potentially suffer a capital loss by investing now).
You can do more DIY research at the UK Government's Debt Management Office and look at Monevator’s informative introductory guide to gilts, which explains how they work.
Fixed Income Investor provides information on UK Government bonds (Gilts) - as well as other fixed-income securities.
An article on commercial bonds from This is Money's Midas and Trading corporate bonds from This is Money
Fixed Income Investor has a comprehensive list of corporate bond prices, as does the similarly-named Fixed Income Investments.
Selftrade has a fairly comprehensive list of European corporate bonds (including gross redemption yields), which links through to Fixedincomeinvestor for more information.
For UK retail bonds, Canaccord Genuity provide a weekly summary.
Preference Shares and ECNs
There is a useful list of market data on fixed interest securities, including preference shares and ECNs on the website of Canaccord Genuity, updated weekly.
Investors Chronicle has a page dedicated to UK Preference Shares.
See also the Fixed Income Investments' market data on:
PIBS and PSBs
PIBS from the demutualised building societies are known as perpetual sub-bonds (PSBs).
See also the Fixed Income Investments' PIBS page.
EXCHANGE TRADED FUNDS (ETFs)
I'm pretty restrictive in what I look for - I like to reflect the overall portfolio balance: high-yield (either dividends or fixed-income) plus ETFs holding physical assets (so less likely to 'blow up'). But you can find an ETF tracking almost anything.
A Starter Pack of ETFs
Citywire Money's searchable list of ETFs on the LSE (there's a lot!)
TopYields has a list of the highest-yielding dividend ETFs - a useful starting place.
INTERNET STOCK BROKERS
As a general rule I avoid providers specialising in 'funds' (as I suggest you don't invest in these - because of the high costs) or those making an annual charge based on the value of your portfolio.
FREE ONLINE DATA STORAGE
Google Documents allows you to store documents in cyberspace - and you can choose whether or not to share the files (probably wise to make sure you have chosen 'don't share' in this case!).
Another free option (for up to 2 Gb storage) is Dropbox, which has a synchronising function - making double-sure that your financial data are secure.
I am not a financial adviser and the information provided does not constitute financial advice. You should always do your own research on top of what you learn here to ensure that it's right for your specific circumstances.