Troy's Hugo Ure: 3 High Street Income Plays

While Troy Asset Management's Hugo Ure is bearish on the high street, he picks out two retailers and one logistics firm that are great dividend compounders

David Brenchley 31 August, 2018 | 2:39PM
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Oxford Street, high street, retailers, Next share price, WH Smith share price, dividends, Troy Income & Growth

In investors’ hunt for income, it’s easy to get seduced by some of the high yields available in the FTSE 100. But firms that can compound their dividends over time can help investors gain sufficient diversification in their income portfolios.

Shell (RDSB), BP (BP.) and HSBC (HSBA) all yield above 5% and are the biggest contributors to the UK blue-chip index’s income. However, their contribution adds up to 25% of the FTSE 100’s 4% yield, with the top 10 dividend payers accounting for half the income produced by the index.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
BP PLC340.85 GBP0.00Rating
British American Tobacco PLC2,583.50 GBP0.00Rating
Compass Group PLC1,511.50 GBP0.00Rating
Experian PLC3,450.00 GBP0.00Rating
HSBC Holdings PLC429.70 GBP0.00Rating
LondonMetric Property PLC269.40 GBP0.00
Nestle SA118.82 CHF0.00Rating
Next PLC7,992.00 GBP0.00
Royal Dutch Shell PLC B1,646.60 GBP0.00Rating
Troy Income & Growth Ord78.00 GBP0.00Rating
Unilever PLC3,879.00 GBP0.00Rating
WH Smith PLC1,336.50 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for