A quick look at dividend yield rates on FTSE 100 stocks at present does not paint a pretty picture c...
A quick look at dividend yield rates on FTSE 100 stocks at present does not paint a pretty picture compared to the best rates being paid on savings accounts by banks and building societies. Trying to get an annual income from investing in even a solid cash generating business such as BOC would require an extremely large investment at present. For example, to get an annual income of around £30,000 from dividends paid by BOC would require holding around £750,000 worth of shares at a share price of £9. Anybody with that amount of cash walking into a high-street bank could ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes