As a veteran value investor, I’m always looking out for cheap stocks and shares. In particular, I try to track down shares that pay generous dividends to shareholders. Dividends are regular cash payments paid to shareholders by companies, usually half-yearly or quarterly. For me, share dividends are the closest thing to free money I’ve ever had. And as American business tycoon John D Rockefeller once remarked: “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” What’s more, reinvested dividends can account for roughly half of the long-term returns from UK shares. Here are 10 FTSE 100 shares that pay bumper cash dividends to patient shareholders.
10 huge FTSE 100 dividends
On Friday, the FTSE 100 closed at 7,122.32 points. At this level, the index has a forecast dividend yield of 4.1% for 2021. However, at least 12 FTSE 100 stocks don’t … Read more