Passive Income Live

As we near the final quarter, the latest estimate for the income of the

SNOWBALL IS £13,200.

Some of the payments expected in December may slip into 2027.

If the SNOWBALL earned income of £13,863 it would equate to the 2033 target but it will not. £13,000 re-invested at around 8% equals another 1k of income but next years income fcast is still £12,064.00.

It’s still early to set a target for next year.

A good chart if you are building a position.

The TR chart, where you could use the high yield dividends to re-invest in the ‘safer’ dividend shares in your Snowball.

Once you have received some dividends and re-invested in your Snowball your risk level is reduced.

The SNOWBALL will most probably buy a few more after the next xd date.

When the price is above the cloud, the sun is shining on your share.

When the price is below the cloud, the market is raining on your share parade.

When the price is in the cloud, the direction of the price is the known unknown.

The current trend is in place but may be showing signs of weakening.

The SNOWBALL earned income of £13,160. This is currently being re-invested but if you spent your dividends that equates to a yield of around 13%.

The equivalent sum for an annuity would be around 7% and you have to surrender all your capital.

The comparator share VWRP using the 4% rule would provide income of £6,873. The gap will continue to grow as the earned dividends are re-invested.

Those on a six-year run also include the 6.6% yielding property firm Land Securities Group LAND

Among other popular sectors for income investors, the 7.2% yield of LondonMetric Propert LMP

represents the current pick of the property space.

The urban logistics-focused REIT has increased its dividend per share for 11 years running, including by 3.8% to 12.45p for the 2025/26 year.

Chief executive Andrew Jones recently said the company was a step closer to its ambition of “dividend aristocracy” – representing 25 consecutive years of growth.

He added: “We are grounded in the belief that income compounding is one of the true wonders of investing – the essential ingredient and rocket fuel of long-term wealth creation.”

I’ve booked a further profit with TRIG of £400, total profit now £893.00. Remember that Mr. Market could take back all the profit and some, whilst the share is still in the SNOWBALL.

Current yield 9.6%, so remains a strong hold, until it isn’t.

VPC Specialty Lending Investments PLC

PORTFOLIO UPDATE

The Board of Directors of VPC Specialty Lending Investments PLC (the “Company“) is pleased to announce that the largest debt position in the portfolio, Essor Group, Inc. (“Heyday“), has been repaid at its carrying value in the last published NAV as at 30 June 2026 plus all outstanding interest. Accordingly, the Company has received approximately £9.3 million and the Board intends to distribute substantially all the Heyday proceeds to the Company’s shareholders as soon as practicable.  Given the Company has insufficient distributable reserves to return this capital through the operation of the Company’s B share mechanism, the Board is exploring with its advisers alternative means of making a distribution to the Company’s shareholders and expects to make a further announcement in due course.