July 5

5% and 9% dividend yields! 2 of the best shares to buy now

first_img The economic landscape remains fraught with danger as the public health emergency rolls on and inflationary pressures rise. I haven’t stopped buying for my Stocks and Shares ISA despite the uncertain outlook for corporate earnings though. And I’m still looking for the best shares to buy for my portfolio today.One of the best green shares to buyI believe UK shares involved in the business of renewable energy are top buys today. Demand for low-carbon energy is booming and legislative pushes across the globe means it should continue to do so too. This is where Greencoat Renewables (LSE: GRP) comes into the equation. The company operates a portfolio of wind farms, predominantly located in Ireland, and it’s expanding aggressively to drive the bottom line.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Greencoat acquired four wind farms on the Emerald Isle last year. And the company has been taking action to expand its wingspan on Continental Europe too. It started the ball rolling by purchasing three French wind farms in 2020. The UK share also entered Finland last month by spending €60m on a project that’s set for completion in 2022.Remember that City forecasts can be blown off course (so to speak) by deteriorating trading conditions. And in the case of Greencoat Renewables this can be caused by the unpredictable nature of wind flows.High and unexpected costs due to extreme weather damaging turbines can also hit the bottom line. But right now, analysts reckon this UK share’s profits will rise more than 170% year on year in 2021.This makes Greencoat Renewables one of the best value dividend shares to buy right now. Those earnings projections leave the UK energy stock trading on a forward price-to-earnings growth (PEG) ratio of 0.1. A reading below 1 can suggest a stock is undervalued. At current prices the company carries a mighty 5.2% dividend yield too.A FTSE 100 dividend starI think those seeking gigantic dividends should also give housebuilders close attention. It’s possible that a slow economic recovery from the Covid-19 crisis could hit homes demand in Britain. Naturally this means newbuild sales could hit the skids. But I still think some of the dividend yields in this sector make these UK shares worthy of a close look.Take FTSE 100 stock Persimmon (LSE: PSN) for instance. The dividend yield here sits at a mighty 9.1% yield for 2021. I believe trading conditions should remain strong enough for the company to keep paying large shareholder dividends long into the future as well.Government support for buyers remains substantial and, this month, it introduced a mortgage guarantee scheme that allows Britons to buy with just a 5% deposit. It’s possible that the Help to Buy equity scheme will run well into the 2020s as well. I expect Persimmon to remain a robust profits-making machine long into the future. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address FREE REPORT: Why this £5 stock could be set to surge See all posts by Royston Wild Simply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free.center_img Image source: Getty Images Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Royston Wild | Sunday, 14th March, 2021 | More on: GRP PSN 5% and 9% dividend yields! 2 of the best shares to buy nowlast_img

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Posted July 5, 2021 by admin in category "eqlauecc

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