By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Finance SystemsFinance Systems
  • Home
  • Investing
  • Banking
  • Wealth Management
  • Entrepreneur
Reading: I’ve simply earned £1,104 of passive revenue in 2 weeks, because of blue-chip UK dividend shares
Notification Show More
Finance SystemsFinance Systems
Search
  • Home
  • Investing
  • Banking
  • Wealth Management
  • Entrepreneur
© 2024 All Rights Reserved | Developed By Financesystems
Finance Systems > Investing > I’ve simply earned £1,104 of passive revenue in 2 weeks, because of blue-chip UK dividend shares
Investing

I’ve simply earned £1,104 of passive revenue in 2 weeks, because of blue-chip UK dividend shares

May 25, 2025 4 Min Read
Share
Mother At Home Getting Son Wearing Uniform Ready For First Day Of School
SHARE

Picture supply: Getty Photos

Contents
M&G is a superb dividend inventoryDangers and rewardsCompound progress

I’m a late convert to the thrill of passive revenue. In my early days as an investor, I principally targeted on progress. I didn’t know what I used to be lacking.

The final month has been a rewarding one, with a string of dividend shares in my self-invested private pension (SIPP) meting out their half-yearly payouts. They usually’ve been in a beneficiant temper.

On 9 Could, M&G (LSE: MNG) kicked issues off by paying me a chunky £458. That was the largest of the lot, and unsurprisingly so, provided that it has the only highest yield on the FTSE 100 at 9.31%.

M&G is a superb dividend inventory

That’s what attracted me to the wealth supervisor within the first place. However as ever with a supersized yield like this one, it’s necessary to verify whether or not it’s sustainable.

Yields are calculated by dividing the dividend per share by the share worth. So when a inventory worth falls however the dividend stays the identical, the yield rises. A very excessive yield can due to this fact sign hassle. I don’t suppose that’s the case with M&G.

Its shares are up a modest 8.6% during the last 12 months, and 77% over 5 years. That latter quantity flatters it barely, because it’s measured from the 2020 pandemic lows, when each inventory was on the ground.

Monetary companies shares have had a bumpy experience in-between, shaken by risky markets, whereas increased rates of interest have boosted returns on rival revenue choices like money and bonds. Savers can now rise up to five% a 12 months with out risking capital.

Dangers and rewards

I’m glad to take the chance to get the next return. I’ll mitigate it by holding a diffusion of various shares, which I plan to maintain for the long run. That helps me experience out short-term volatility.

Because it turned out, 9 Could was a red-letter day as FTSE 100 housebuilder Taylor Wimpey paid me £165. It’s one other ultra-high-yielder, providing 8.04% on a trailing foundation. No financial savings account can match that.

On 14 Could, FTSE 250 insurer Simply Group chipped in £45. All contributions welcome, even modest ones. Given the Simply share worth is up 38% in 12 months, and 75% since I purchased it in November 2023, I’m not complaining.

Lloyds Banking Group picked up the tempo by paying me £207 on 20 Could, and insurer Phoenix Group Holdings kindly despatched me £229 the day after.

Compound progress

In whole, I’ve obtained £1,104 of passive revenue in a fortnight. I haven’t spent a penny of it. As an alternative, I’ve reinvested the lot straight again into the identical shares, which suggests I could earn much more dividends subsequent 12 months.

After all, payouts aren’t assured. Firms must generate sufficient money to cowl them. If dividends are lower, the share worth usually falls too in a double blow. Nonetheless, I’m optimistic about this lot.

The enjoyable is over for now however I ought to get pleasure from one other revenue spree within the autumn, when the following set of dividends land. I’ll plough these straight again into my SIPP, to assist my pension compound and develop through the years. Then once I lastly retire, I’ll draw them as revenue, to high up my State Pension. With luck, I’ll be getting much more by then.

TAGGED: Investing
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Stress relieving hobbies
17 Stress Relieving Hobbies To Attempt Out 
Wealth Management
I Scaled a 500-Person Company on Hustle — But Wellness Made It Sustainable (and More Profitable)
I Scaled a 500-Particular person Firm on Hustle — However Wellness Made It Sustainable (and Extra Worthwhile)
Uncategorized
Young black colleagues high-fiving each other at work
2 defensive development shares which have left the S&P 500 within the mud since 2020
Investing
Multiple sources of income
The three Principal Methods To Create A number of Sources Of Earnings
Wealth Management
Your Team Will Love This Easy-to-Use PDF Editor
Your Crew Will Love This Straightforward-to-Use PDF Editor
Uncategorized
Woman using laptop and working from home
Concentrating on a £1m Shares and Shares ISA? Here is a low-risk technique to contemplate
Investing

You Might Also Like

Young black colleagues high-fiving each other at work
Investing

2 defensive development shares which have left the S&P 500 within the mud since 2020

By Finance Ssystems 4 Min Read
Woman using laptop and working from home
Investing

Concentrating on a £1m Shares and Shares ISA? Here is a low-risk technique to contemplate

By Finance Ssystems 4 Min Read
many happy international football fans watching tv
Investing

Is ITV one of the best FTSE cut price inventory about at the moment?

By Finance Ssystems 4 Min Read

About Us

Welcome to Finance Systems, your trusted partner in navigating the intricate world of finance. Our mission is to empower you with the knowledge and tools necessary to make informed financial decisions, whether you’re an individual investor, a banking professional, a wealth manager, or an aspiring entrepreneur.

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Trending News

Stress relieving hobbies

17 Stress Relieving Hobbies To Attempt Out 

Save $60 on This Travel VPN Router Now

Save $60 on This Journey VPN Router Now

Every Great Business Partnership Have These 7 Elements in Common

Each Nice Enterprise Partnership Have These 7 Components in Widespread

Stress relieving hobbies
17 Stress Relieving Hobbies To Attempt Out 
June 4, 2025
Save $60 on This Travel VPN Router Now
Save $60 on This Journey VPN Router Now
July 7, 2024
Every Great Business Partnership Have These 7 Elements in Common
Each Nice Enterprise Partnership Have These 7 Components in Widespread
July 7, 2024
Nvidia CEO Jensen Huang Sells Record $169 Million in Stock
Nvidia CEO Jensen Huang Sells File $169 Million in Inventory
July 7, 2024
© 2024 All Rights Reserved | Developed By Financesystems
Welcome Back!

Sign in to your account

Lost your password?