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Posts: 95
Hi all, I’m pretty new here and sorry if this has already been answered ! I’ve on Freetrade with an ISA and was looking at the FTSE 100 for dividends. However when I look there seem to be about 10 different ones ! Do you know what is the “original” FTSE 100 I should be looking to invest in ? With its handle etc? Thanks so much!
Posts: 1,477
Try epic code "ISF" - which should be Ishares FTSE 100. This shouls have a quartely dividend paid.
I've not used it for years but did work some time ago.
GL
Posts: 951
If you go to https://www.dividenddata.co.uk/ you get all the co. tickers, divs, dates and markets listed. So you can just look at FTSE100 tab and they will all be there.
Posts: 1,227
Hi MrTibs - the original FTSE 100 also included companies that have either been absorbed into others or have gone bust. Marconi is a good example. Next, I am making a wild guess and that you are a young person (50 years or younger) and find yourself the recipient of a windfall.
I
I'll let you into a secret, investments throwing off dividends and by definition are those that you are considering as the reason for investment are last century companies and very mature. They are unlikely to fail, immediately but they are unlikely to grow your capital and will need to evolve just to stay still. Rather than look to the last, perhaps take a moment to talk to a top notch wealth management company if the amount you are looking to invest is at (or above) that worth investing.
Look, I know this sounds trite and perhaps condescending, but the ordinary herbert is likely to be able to get around 8% per year as a return from their capital each year as an average over a 20 year period. A Wealth Manager should be able to earn 13-14% annually for you and they will charge 2% of capital invested. If you are only interested in dividends, then you should be prepared to write off any capital augmentation in favour of static dividend payments.
If you only target growth, then any dividend income is a bonus. My suggestion therefore is to establish what you actually want to achieve and be honest about the risk you are prepared to take. FWIW, I am aged 63 and I have increased the risk I have with my portfolio from Medium High to HIGH. My portfolio is structured to capital growth. It throws off about 1% as dividend income from 75 holdings but has doubled every 5 year 9 months under professional management but had, prior to that doubled every 7.3 years under my management.
The doubled capital is more than enough for the difference from the loss of dividends. When I began investing, I drew my stock picks from the larger companies, this extended to the wild times of the 1980's to 2000's and was restructured in the 2010's. Of course, it is not perfect and believe me I have picked many lemons. Growth this year was targetted to better 15.3% and I am on target for 16.1%. It has not been easy, but capital growth is not usually expected from the constituent companies in the FTSE - from the FTSE-350, certainly. Good luck.
Sorry to witter on - all the best.