Looking at the prospects for TBC Bank (LSE: TBCG), I think it just might.

The rises in big banks’ share prices mean their dividend yields have fallen. HSBC Holdings offers the best of the top bunch, but with a modest forecast 3.9%. And right now, TBC has a much fatter 6.7% on offer. That’s even with the share price up over 30% in the past 12 months.

Let’s get the clearest risk out of the way. The company might be listed in London, but its business is mostly in Georgia, with operations in Uzbekistan ramping up. Should we expect the same level of corporate governance and banking regulation in those countries as in the UK? I don’t know.

But the stock valuation might just make up for that. And then some. Forecasters expect earnings per share to grow around 35% between 2024 and 2028. That puts the shares on a forward price-to-earnings (P/E) ratio of only 6.2 for the 2025 year. And it could drop to under five by 2027!

Remember when Lloyds was down around that level and turned out to be a no-brainer buy in hindsight? Full-year results are due on 20 February. It’s got to be worth considering among candidate stocks to buy, right?

FTSE 100 recovery

I’m also drawn to fund manager Schroders (LSE: SDR), with annual results due on 12 February. Like the banks, 2025 was kind to Schroders’ shareholders. But it’s far from back to its old strengths, with the share price still down around 25% over the past five years.

There’s one benefit from the shares still being a bit depressed — we’re looking at a decent forecast dividend yield of 4.8%. Cover by earnings probably won’t be particularly strong this year. But forecasts suggest earnings should start picking up strongly from 2026, and cover should strengthen nicely along with that.

Schroders’ shares have picked up a bit in the past 12 months, but we’re unlikely to see much in the way of earnings growth when we have those 2025 results. And on the back of that, we should expect a P/E of around 17.

That really does look high enough to me for now. And I think it’s likely to take a full six months to see if 2026 shapes rise as, City brokers suggest. For me, that raises the probability of a volatile share price in the coming months. And I fear it could fall again before any sustainable growth sets in.

But I rate Schroders as a company that’s fundamentally well run. And it’s in a healthy financial position with net cash of around £4bn. It’s a solid long-term consideration, in my book.

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Legal & General for income

The first is Legal & General Group (LSE: LGEN), which has the highest trailing yield on the blue-chip index at 9%. High yields can be hard to sustain and this looks shaky as earnings cover has fallen below 0.9. Ideally, I’d like to see that closer to 2.

But here’s the thing that reassures me. Among the top 10 FTSE 100 high yielders on the dividend dashboard, Legal & General is one of just three that hasn’t cut the dividend per share in the last decade, not even once.

It was frozen once in 2020 but rose every other year, with an average annual compound increase of 6.2%. Of course, this doesn’t guarantee there won’t be a cut in future — but it feels less likely. The board has indicated it has the resources to keep returning cash, although the dividend is expected to grow at a slower pace of 2% a year. 

Legal & General plans to return a total of £5bn over three years through dividends and share buybacks. I think its worth considering buying for the long term, although I’d like to see more share price progression too.

Schroders shares recover

The second stock with a 10-year record of avoiding dividends cuts is privately run fund manager Schroders (LSE: SDR). Sadly, the share price has been somewhat volatile, falling 25% over five years, although it’s up 22% over the last 12 months.

The blue-blood active fund specialist has struggled to find a modern identity in a world dominated by low-cost passive strategies. Management is now putting more emphasis on wealth management, exiting markets like Indonesia and Brazil, and launching its own active ETF range in Europe.

There are signs this is bearing fruit. On 23 October, the group reported record assets under management of £816.7bn, up 5% in the quarter, helped by a huge jump in new business. 

Schroders looks decent value. The price-to-earnings ratio is 14.4 and the yield stands around 5.75%. The dividend per shares has been frozen four times in the decade, but never cut. I suspect its shares may continue to be bumpy so investors should carefully weigh the risks before they consider buying.

British American Tobacco is hot

Cigarette maker British American Tobacco (LSE: BATS) has a formidable dividend track record. It hasn’t cut shareholder payouts once this millennium, let alone for the last 10 years.

It enjoys regular net cash flows from its captive audience of smokers, supplemented by rising demand for next-generation products like vapes. The shares soared 45% in the last year, yet the P/E is still just 11.6 and the yield sits near 5.54%.

The tobacco sector faces intense regulatory pressure and the battle for market share is fierce. Yet this looks the most dependable dividend payer of the three I’ve covered there. It’s the one that income-focused investors might consider buying if they prize consistency above all else.

The post These 3 high-yield income stocks boast a stunning 10-year dividend track record! appeared first on The Motley Fool UK.

For example, consider how this method of using the £20,000 annual ISA limit could target a regular income of £15,000 a year.

Optimising gains

By investing via a Stocks and Shares ISA, UK residents can reduce their tax outgoings significantly. Current ISA rules allow up to £20,000 invested per year with no tax levied on the capital gains. Plus, the upcoming Autumn Budget threatens to reduce this limit for Cash ISAs, making stocks and shares even more attractive.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

Even if you don’t have the full £20,000 to invest in one go, regular contributions combined with reinvested dividends can be a powerful compounding force.

Many ISA investors achieve almost 10% returns on average a year. At that rate, a monthly contribution of just £300 could hit £20,000 within four-and-a-half years. But that’s not guaranteed and investors could achieve a lot less, of course.

Building an income stream

Let’s say growth continued at an average rate of 10% per year. That £20k could reach £241,200 in 25 years. To avoid eroding the pot, retirement experts recommend withdrawing only 4% a year. That would bring in £9,600 a year.

At the same time, were it a high-yielding portfolio paying out 6% on average, it could deliver £14,500 in dividends annually.

Any withdrawals would naturally reduce the dividend payments over time. But this example shows how a retiree could combine dividends with minor withdrawals to achieve a steady income for many years.

Beating the average

But to achieve an average return of 10%, an investor would need to do more than simply invest in a passive index tracker. For example, the FTSE 100 has historically returned less than 7% on average.

A common tactic that income-focused investors adopt is identifying stocks with higher-than-average yields to help boost returns within a diversified portfolio.

When thinking of dividends, long-term sustainability is critical. One stock that exemplifies this concept is Schroders (LSE: SDR), with an attractive dividend yield of 5.5% and 25 years of continuous dividend payments with no reductions.

It currently pays 21.5p per share annually, with dividends growing at a compound annual growth rate of 9.37%. That alone is no guarantee it’ll continue, so it pays to assess the company’s financials. Its worth noting that income dropped 29% year-on-year in its latest half-year results.

But overall, revenue and earnings have been fairly stable for years, which is what we’re looking for.

One risk is that dividend coverage is a bit thin, with a high payout ratio above 90% and cash coverage of only two times. A big profits hit could risk a dividend cut even with such an exceptional track record.

The bottom line

Building towards a second income stream takes time and dedication. But new investors are often surprised at how quickly growth compounds when they reinvest the dividends.

Schroders is just one example of a stock worth considering as part of a diversified portfolio of dividend shares. The Motley Fool regularly updates its findings with similar income stocks offering long-term sustainability.

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Schroders in transition

Shares in Schroders (LSE: SDR) have had a rough decade. Back in 2014, they traded around 500p. Today, they’re closer to 385p. Cheapness alone doesn’t make a share good value, so does this privately run fund manager deserve some love?

Schroders has struggled as investors drift from traditional stockpickers towards low-cost passive exchange-traded funds (ETFs) and DIY trading platforms. The company has responded by cutting costs and selling weaker divisions, but investors remain cautious.

On 23 October, third-quarter results showed a 5% rise in total assets under management to £816.7bn, boosted by new inflows. Schroders also plans to launch an active ETF range in Europe to stay relevant in a changing market.

Its price-to-earnings ratio sits at 14.4, with a healthy dividend yield of 5.6%. Yet, I fear the company transition has further to run and success isn’t guaranteed. But sometimes it pays to invest before a stock gets its act together. Afterwards, the big gains may have passed.

RELX shares hit a bump

Shares in information and analytics group Relx (LSE: REL) have soared 181% to 3,376p over a decade, plus dividends. Over the last year, they’ve slipped 5.7%. Which could be the entry point long-term admirers like me.

Relx confirmed strong trading momentum in its 23 October update, with underlying revenue up 7% for the first nine months of 2025, and reaffirmed full-year guidance.

The stock has been expensive for years, with a P/E of around 35. That has now eased, but only to around 28. That’s still well above the FTSE 100 average of 18. I’ve long admired RELX’s consistency and pricing power. The big question is whether artificial intelligence enhances its products or lets customers go it alone. Still a great company and worth considering, with a long-term view.

Is Bunzl a better bet?

I’ve finally bought shares in Bunzl (LSE: BNZL). The distribution and services group was on a steady climb for decades, with an unbroken record of dividend growth. But a rough year changed that, and I saw my chance.

Sales were hit by US tariffs and a major customer switching to own-brand products. The share price has tumbled 33% in the past year and 5% in the last week. Yet, Bunzl looks solid under the bonnet. The P/E is now below 12, the dividend yield has risen to 3.25%, and third-quarter trading on 23 October was in line with expectations.

It’s an international business, and the global picture remains tricky. I see potential for a recovery, even if it takes time. My holding is down 7% since I bought it, but these are early days. If it falls again, I’ll average down.

All three are at different stages of their recovery story. There are no guarantees, but patience could pay off. Of the trio, I reckon Bunzl is closest to bouncing back.

The post 3 beaten-down UK stocks to consider buying before they recover (rather than after) appeared first on The Motley Fool UK.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

Dividend shares are particularly beneficial as they pay out regular income, which can help supplement a pension in retirement.

Some of the best dividend-paying companies in the UK offer yields as high as 10%. That means investors get 10p back on every pound worth of shares held.

But realistically, not many shares hold yields that high for long periods. Taking a more conservative view, it’s more likely to find yields that are sustainable between 4% and 7%.

Top dividend stocks

Some of my favourite dividend stocks for long-term passive income include Legal & General, HSBC and British American Tobacco. However today, I’m going to talk about one I’m yet to invest in: Schroders (LSE: SDR).

The UK asset manager has long been a favourite of income investors due to its long history of payments and a reliable yield. It recently announced a new growth strategy under the banner: ‘Simplify, scale and deliver profitable growth‘.

Its yield often hovers around 6% and it’s typically well-covered. It currently brings in twice as much cash as it pays out in dividends, and has a payout ratio of 93%.

After a period of slow growth under structural pressures, it has implemented several cost-cutting initiatives to boost profitability. The benefits of these already seem apparent, with assets under management (AUM) reaching a record £816.7bn in Q3 of 2025, up 5% quarter-on-quarter.

Keep in mind though, that the business still faces several challenges. Fee compression, stiff competition and changing investor behaviour all put profits at risk. 

And while the yield is decent, it may be vulnerable if inflows or markets disappoint. The business model is inherently sensitive to AUM and market valuations.

Returns to be expected

Let’s assume a well-balanced portfolio of dividend stocks achieves an average yield of 6%. Assuming the ISA’s full £20,000 allocation is used, that would only pay out £1,200 a year in dividends.

The pot would need to hold almost £600,000 worth of dividend shares to pay out £35k a year. Short of selling a property (or a kidney), that amount of spare cash is out of reach for most.

However, for those still working towards retirement, it’s never too late to start investing. By reinvesting dividends and compounding the returns, regular monthly savings can balloon into an impressive nest egg.

Starting with £20k and investing a further £6k a year, the pot would grow to around £590,000 in 27 years (with dividends reinvested).

Bottom line

Evidently, achieving a £35k passive income is no easy feat. Even the most dedicated investors would need to start making large monthly contributions well before retirement. However, with a dedicated plan and the tax benefits of an ISA, a decent level of income can be achieved by retirement.

Fortunately, for UK residents, the FTSE 100 and FTSE 250 are full of reliable dividend stocks to kick-start the journey.

The post How many dividend shares would a retiree need to put in an ISA to target a £35k passive income? appeared first on The Motley Fool UK.

The UK’s blue-chip index has slipped in recent days, and that’s driven up the yields on a number of dividend stocks. Here are two for which that’s the case right now.

Aviva shares now yield more

For me, Aviva (LSE: AV) is ‘the one that got away’. I shunned the FTSE 100 insurer in favour of rival Legal & General Group, but backed the wrong horse.

The Aviva share price is up 25% in the last year, and almost 140% over five years, plus investors will have got some healthy dividends on top.

CEO Amanda Blanc has driven through the long-awaited turnaround, streamlining the business and sharpening its focus.

On 14 August, Aviva shares hit their highest level since 2007 after it posted a 22% rise in half-year operating profit to £1.07bn. Investors are also optimistic about its £3.7bn Direct Line acquisition, which will cement its share of the general insurance market.

Yet I’ve held back, wary of a share price that now trades on a price-to-earnings ratio of 27, which means the slightest earnings disappointment may be punished. Insurance is a mature and competitive market, and rivals will continue to snap at its heels.

However, the Aviva price has now dropped 7% in a week, which offers investors a lower entry point. That’s driven the trailing dividend yield back up to a juicy 5.75%. Of course, a stock market sell-off this autumn could drive the share price lower, but I don’t know if we’ll get one. I still think it’s worth considering today.

Schroders stock scares me

There’s more to life than a high yield. Otherwise I would have bought privately run FTSE 100 investment manager Schroders yonks ago. I’m glad I didn’t though. Its shares are down 25% over five years — and 10 years too.

They’ve edged up a modest 6% in the last year, helped by an 8% rise in first-half gross inflows to £68.2bn. But they’ve been knocked back in the last week, falling 7%.

With a P/E ratio of 13.7, the shares look decent value. On the other hand, they’ve looked cheap for years.

The trailing dividend yield of 5.97% tempts. The board has a decent record of increasing dividends, which have compounded at an average rate of 9.37% over the last 15 years. It hasn’t cut shareholder payments this millennium, although it has frozen them on nine occasions – including in both 2023 and 2024.

Schroders is battling to reshape itself. It’s blue-blood credentials just don’t have the same traction in a world of passive index tracking and active DIY trading.

Dividends but where’s the growth?

Management has been slashing operating expenses and selling off “sub-scale businesses”, as it looks to add discipline and focus, but it could take time for its transformation programme to bear fruit.

The Schroders share price didn’t make hay while the sun was shining on the stock market, so investors should be cautious as autumn storm clouds appear to be gathering.

Aviva has sorted itself out, and that’s the one to consider. But that’s only my opinion. Investors should take their own view.

The post 1 brilliant income share to consider after the recent market dip, and 1 I’m avoiding appeared first on The Motley Fool UK.

It’s been a painful decade for the family-run FTSE 100 firm, with the stock recently languishing near a 10-year low. But after drifting higher in recent weeks, helped by broader market momentum, it finally got a proper lift on the back of today’s numbers.

The headline figures looked a little underwhelming at first glance. Assets under management dipped slightly to £776.6bn, while statutory profit before tax tumbled 29% to £196.9m. But dig a little deeper and there are genuine signs of progress.

FTSE 100 recovery stock

Gross inflows rose 8% year-on-year to £68.2bn, with net new business (excluding joint ventures) of £4.5bn. Wealth Management and Schroders Capital did the heavy lifting here, with net flows of £2.7bn and £2.3bn respectively. Adjusted operating profit rose 7% to £316m, and the adjusted cost-to-income ratio improved slightly, dipping from 75% in full-year 2024 to 74% so far in 2025.

Schroders is trying hard to reshape itself. Management slashed operating expenses by £21m in the first half, with plans to save £50m over the full year, higher than before.

It’s also shedding “sub-scale businesses, such as real estate Munich and private credit Australia”, while investing in new leadership, and betting big on Schroders Capital and Wealth Management for growth. The goal is to bring the group’s cost-to-income ratio below 70% by 2027, while delivering £150m of annualised savings.

These aren’t instant wins. The transformation programme will take years and cost £200m. But they do suggest Schroders is taking a more disciplined, focused approach after years of drift.

High dividend yield

That’s exactly why I’ve been keeping a close eye on the stock. Back on 19 April, I wrote that Schroders looked “cheap, unloved and tempting”. The dividend yield was close to 7% and the bad news was largely priced in. But I also warned that it “hasn’t found a compelling modern identity… while growth looks slow and fragile”. 

Today’s trailing yield’s down to 5.32%, thanks to the recent share price jump. The stock’s up 18% over three months, but is flat over the year. With today’s interim dividend held steady at 6.5p, income seekers may not see much progression from here. But at least shareholder payouts look sustainable.

Schroders isn’t exactly cheap today, with a price-to-earnings ratio of 14.77. But it’s hardly expensive either.

I’m not expecting fireworks from Schroders in the short term. The road ahead is likely to be bumpy. Despite today’s positives, I won’t be buying the stock. Global stock markets are pretty exuberant right now, but that isn’t reflected in today’s results, which are more steady state.

I’m still not convinced Schroders can beat off the twin challenge from passive exchange traded funds and active DIY trading. But I’m pleased to see it giving it a decent shot.

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Two in particular look massive bargains. Their share prices have plunged, the dividends have shot up and their valuations have plummeted. For a contrarian investor like me, this should be a gift. But not every gift is worth unwrapping.

The Schroders share price can’t stop falling

Schroders (LSE: SDR) has an impeccable pedigree. It’s been managing money since the Napoleonic Wars and still looks the part, with assets under management nudging £779bn. Its shares currently yield a meaty 6.86% and trade at just under 12 times earnings. What’s not to like?

The shares have fallen 15% in the last year but this isn’t just down to Donald Trump’s trade tariffs. They’re down 40% over three years and now trade near 10-year lows. This suggests its problems have deep roots.

Schroders has been caught between two worlds: too expensive to compete with index trackers and ETFs, too old-school to rival private equity.

Its 2024 results were respectable. Statutory profit before tax climbed 14% to £558.1m, and net new inflows came from high-margin areas like wealth management.

But operating profit still fell 3% due to lower fees and rising costs. A £150m cost-saving plan is under way, with new chief executive Richard Oldfield promising a transformation and more focus. Ambitious targets include reducing its cost-to-income ratio and winning £20bn of fresh capital for its alternatives arm.

Can he deliver? The jury is out. The firm hasn’t found a compelling modern identity, and while the dividend is being held steady, growth looks slow and fragile. 

If Schroders does manage a turnaround, it could make a cracking recovery story. But after so many false dawns, I’m wary.

WPP offers income but with strings

Media giant WPP (LSE: WPP) also looks cheap, trading at just over 10 times earnings with a generous 7.34% yield. The shares have plunged 30% over the last year but again, that doesn’t make them an unmissable bargain.

The advertising giant has been battling structural changes ever since inspirational driving force Martin Sorrell left under a cloud in 2018. Clients are spending less, markets are cautious and digital rivals have eroded its once-dominant position.

Full-year figures in February were mixed at best. Reported revenue fell 0.7%, while like-for-like revenue dropped across key markets including the UK and China. 

Growth from media arm GroupM was encouraging, but performance across its integrated agencies weakened. As with Schroders, parts of the business are modernising, others risk being left behind.

Again, WPP is taking action. It’s investing £300m in its WPP Open platform to push deeper into AI and data, while cost savings have lifted margins.

It’s not all gloom. Its 2024 operating profit rose nearly 150%, largely due to one-off disposals, while net debt fell and cash flow improved.

However, the board expects revenues to remain flat or even decline again in 2025. The dividend may be safe for now, but WPP needs a clearer path. And a stronger global economy.

Like Schroders, WPP has looked tempting for too long, without delivering on its potential. I’ll resist those high yields and low P/Es. They’ve both still got a long way to go.

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I’ve identified five of the best UK dividend stocks and calculated what kind of returns they could deliver. To maximise returns, UK residents can invest up to £20k a year via a Stocks and Shares ISA and benefit from a tax break on the gains.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

My five top picks

Rather than simply choose the highest-yielding stocks on the FTSE 100, I’ve taken some time to identify each company’s long-term prospects. A high yield today means nothing if it gets cut tomorrow! I’ve also diversified them over various industries to avoid losses in a single sector.

Here are my choices:

Together, these five stocks provide an average yield of exactly 7%. With £137,142 invested in such a portfolio, the dividends would equate to £9,600 a year — or £800 a month.

That’s a lot of money, but it can be built over time. For example, with an initial lump sum of £10,000 and monthly contributions of £200, it could take around 18-20 years (with dividends reinvested).

Why these stocks

As mentioned, I picked the above stocks for their high yields and diversified sectors. But that’s not all — they also have long track records of honouring shareholder payments.

Take the asset manager Schroders, for example. Dating back to 1804, it’s a well-established family business with over 6,000 employees in 38 locations worldwide. The company manages funds in equities, fixed income, multi-asset solutions and private assets, including real estate. It also provides wealth management services via its subsidiaries Cazenove Capital and Benchmark Capital.

Price action and dividends

Schroders flies under the radar to an extent, likely due to lacklustre price action. Although it’s up 160% over the past decade, the past five years have been tough, wiping 26.5% off the stock price.

Where it lacks in notable price appreciation, it makes up for with dividends. Even though some years have not seen an increase, the final year dividend has still grown at an average annual rate of almost 10%. That’s a lot higher than most! Since 2005, they’ve grown from 3.7p per share to 21.5p — with no cuts or reductions. Today, its yield sits at 6.8%.

Risks and strengths

Risk-wise, Schroders is sensitive to market-related factors like investor sentiment, regulatory changes and fluctuating stock prices. The rise of digital and AI-enhanced investment platforms also threatens to steal its customers and reduce its market share.

But with an expansive level of diversification and £700bn in assets under management (AUM), its credentials are solid. It’s shown resilience during market downturns and continues to grow and make notable acquisitions, such as Greencoat Renewables and Benchmark Capital.

With a long and established history and strong dedication to shareholder returns, I believe Schroders is a stock worth considering as part of a passive income portfolio.

The post Here’s a 5-stock FTSE 100 portfolio that could generate £800 a month in passive income appeared first on The Motley Fool UK.

Investors may not need the income today, but it doesn’t matter. They can reinvest every shareholder payout back into the stock, to turbo-charge growth. Then draw it as passive income when they retire.

This year’s annual deadline it’s just a few days away, at midnight on 5 April. So investors who want to secure this year’s £20,000 allowance shouldn’t hang around.

Securing the ISA allowance

Investors shouldn’t panic if they aren’t sure which shares to buy though. They can park money in their Stocks and Shares ISA as cash. They’ll earn a spot of interest while making their picks.

They shouldn’t leave it there too long though, money works harder in equities than cash, albeit with more short-term volatility.

Spreading money across a range of dividend stocks reduces risk. Even strong companies can cut their payouts, so diversification helps keep passive income flowing.

To generate £1,200 income from £20k, the ISA would need an average 6% dividend yield. That’s achievable, by building a balanced portfolio around a dozen or so dividend stocks, which could include fund manager Schroders (LSE: SDR). This, coincidentally, yields exactly 6% a year.

Schroders’ a top income stock

Schroders actively manages global investment funds, yet in recent years is own share price hasn’t done particularly well.

It’s down 4% over 12 month,s but lately it’s sprung to life, jumping 15% in the last three months. Even after this rise, the Schroders share price looks decent value, with a price-to-earnings ratio of 13.5, slightly below the FTSE 100 average of around 15 times.

Dividend cover’s a bit thin, at 1.2 times earnings, but it’s expected to rise to 1.4 this year, suggesting greater sustainability. Meanwhile, operating margins are forecast to increase from 21.6% to 25.4%, a positive trend.

Don’t forget the dividends

Schroders does face challenges. The rise of passive index-tracking ETFs has made life harder for traditional fund managers. Volatile markets haven’t helped either.

Full-year results, published 6 March, showed profits falling 3% to £640.5m, amid higher costs and lower performance fees. 

Assets under management rose 4% to £778.8bn though, and statutory pre-tax profits jumped 14% to £558m.

The board also outlined a three-year plan to attract new business and cut costs. It aims to save £150m annually, with £20m already delivered in Q1.

FTSE 100 income star

The 14 analysts covering Schroders produce a one-year price target of 407.4p, implying a 14% increase from today’s price. Throw in the 6% yield would deliver a 20% total return including dividends. Not bad though of course, nothing’s guaranteed.

Well I think Schroders is worth considering for more experienced investors, those less confident should maybe take a look at FTSE 100 income stocks like Aviva, Lloyds Banking Group, British American Tobacco and National Grid. They’ve done better lately.

While the market remains unpredictable, a diversified dividend-focused Stocks and Shares ISA may offer a realistic way to build a high-and-rising second income over time.

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