Ftse 100 Hey there, investor! Got £1,000 and an eye for steady income? Let’s talk about Phoenix Group, a lesser-hyped but powerful dividend payer in the FTSE 100.
Here’s what you get:
- About 142 shares at the current price.
- A 7.78% dividend yield, which is huge in today’s low-yield market.
- Growing cash flow: The company pulled in £1.4 billion in operating cash last year—a 22% jump.
- Reliable payouts: Dividends have gone up or stayed stable in nine of the last eleven years.
- Future-focused: Phoenix plans to generate £5.1 billion in cash over the next few years.
For 2025, analysts expect a dividend of 56p per share, meaning you could earn around £79.52 from your investment. Sure, the share price might dip slightly, but the income and long-term potential are what really matter here.
Looking for a long-term dividend machine? Phoenix might be the one.
