The 2024 Snowball fcast for dividends earned is 8k.

This should be achieved by the end of September, if the fcast dividends are declared. If there are any misses the fcast will be achieved in October. It’s still too early to make a fcast for 2025 but a yield of around 9% is more likely than not.

GRS

Thursday 8 August

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With £20k, here’s how I’d target a £23,800 passive income every year.

Fact one, if u intend to use the 4% rule (see below) it’s not strictly passive income, because u are relying on the market not to crash and we all know it does on a regular basis.

If u invest 20k at 7% compounded after 40 years your dividends would equate to £23,800 a year.

Of the course over 40 years there may be some years u will not be able to re-invest at 7%, currently u can beat the target income but the total is not in doubt just the time frame.

GetRichSlow

With £20k, here’s how I’d target a £15,919 passive income every year

Story by Royston Wild

Share investing can provide a wealth of opportunity for individuals to create a lifelong passive income. Few asset classes have provided the sort of return that equities have since the second half of the 20th century.

However, there are a few golden tips investors can follow to try and build long-term wealth. If I had a £20,000 lump sum to invest, here’s what I’d do to try and achieve a near-£16k passive income for the rest of my life.

Topple tax

My first act would be to buy assets using a tax-efficient financial product. In the UK, we’re talking about an Individual Savings Account (ISA) or a Self-Invested Personal Pension (SIPP).

The annual allowances for these products are pretty generous at current levels. The limit for ISA investments is £20,000. For the SIPP, it is typically an individual’s annual earnings, or £60,000, whatever is highest.

A major SIPP drawback is that individuals can’t make withdrawals until their late 50s. However, for those saving for retirement this may not necessarily be a problem. What’s more, pension holders also receive a healthy dose of tax relief.

Tax on capital gains and/or dividends is the biggest investing-related expense any of us will pay. So investing in an ISA or SIPP can save each of us a huge wad of cash over the long term.

Spread out

The other thing I’d do is create a balanced portfolio of investments.

One way to achieve this is by investing in an exchange-traded fund (ETF) that spreads capital across a wide range of instruments. These can include stocks, bonds, commodities, and cash.

The iShares Growth Portfolio UCITS ETF (LSE:MAGG) is one multi-asset fund I’d happily buy today. More than 85% of its capital is currently invested in shares, the majority of which are listed in the US. Major underlying holdings here include Nvidia, Microsoft, Apple, and Amazon.

The remainder of the ETF’s money is locked into fixed income securities like government bonds. This 85-15 split across asset classes — combined with its strategy of investing in shares across the world — has helped investors achieve supreme capital appreciation, while also building in a level of risk management.

A ~16k passive income

Since its inception in 2020, the product has delivered an annualised return of 7.5%. If this were to continue, a £20,000 investment today would — excluding trading and management fees — turn into £397,978 after 40 years.

This could then provide a regular passive income of £15,919 if I drew down 4% each year.

Of course, future returns are never guaranteed. And in the case of this ETF, a slowdown in the US stock market could impact the passive income I make. But on balance, I think diversifying like this is an important and valuable strategy.

The post With £20k, here’s how I’d target a £15,919 passive income every year appeared first on The Motley Fool UK.

2008

History doesn’t always repeat but it often rhymes.

The filtered list for research, note the header is now fall from high, from increase from low. Is the dividend more important in a falling market than majoring on any discount to NAV ? It’s your hard earned, so your decision.

SMIF of interest as they pay a monthly dividend but the final yield is dependant on the final dividend which is variable.

Anyway not a decision needed today.

Criteria shares yielding 9% plus

That’s one option, u can buy an annuity paying around 7% and if u die within a few years the capital will form part of your estate, if not hard luck.
U of course have to kiss goodbye to your capital.

Another option is to buy a portfolio of ‘secure’ paying Investment Trusts, currently yielding 8% plus and u retain all your capital. As long as u don’t sell the golden geese it should continue to lay golden eggs until u cross the bar.
Different strokes for different folks.

I’ve sold the current position in AEI Aberdeen Equity for a small loss where the current Snowball profit is £560.00.

With falling markets there is a very little chance of making a capital gain and the funds can be re-invested, not today, at a higher yield.

REGIONAL REIT Limited

(“Regional REIT”, the “Group” or the “Company”)

AGM Trading Update

Regional REIT Limited (LSE: RGL), the regional property specialist, announces the following trading update for the quarter from 1 April 2024 to 30 June 2024.

Summary of activity in the quarter to 30 June 2024

Lettings

Since 1 April 2024, the Group has made strong progress on lettings, exchanging on six notable leases to new tenants totalling 69,067 sq. ft., amounting to £0.7m per annum (“pa”) of rental income when fully occupied, achieving an average rental uplift of 11.0% against December 2023 ERVs. A further seven leases have renewed amounting to 47,000 sq. ft. and £0.6m pa of rental income.

Sales

Three disposals (plus one part sale) were completed in the quarter to 30 June 2024 with sales proceeds amounting to £6.9 million (before costs), reflecting a net initial yield of 9.6%.

Stephen Inglis, CEO of London & Scottish Property Investment Management, Asset Manager commented:

“During the quarter we were pleased to achieve further progress in the Group’s letting activity and disposal programme, with £0.7m of additional notable rental income from new leases and £6.9 million generated from recent disposals.

As announced on 18 July 2024, the successful capital raise of £110.5m ensures the repayment of the retail bond, facilitate the further reduction of the LTV to 40.6%, and will provide for accretive capital expenditure on assets for the long term.”

Rental Updates

·    Ashby Park, Ashby De La Zouch – Ashfield Healthcare Ltd. has let 18,942 sq. ft. of office space to July 2034, with an option to break in 2029, at a rental income of £350,427 pa (£18.50/ sq. ft.).

·    Central Park, New Lane, Leeds – QBE Management Services (UK) Ltd renewed its existing leases to June 2025, at a combined rental income of £297,390 pa (£13.79/ sq. ft.) on 21,570 sq. ft. of space, and also renewed its car parking lease for an additional £10,000 pa.

·    1175 Century Way, Thorpe Park, Leeds – Fonemedia Ltd has let 3,524 sq. ft. of office space to May 2029, with an option to break in 2027, at a rental income of £84,576 pa (£24.00 / sq. ft.).

·    1-6 Silver Court, Welwyn Garden City – Telespazio UK Ltd has let 3,873 sq. ft. of office space to April 2027, with an option to break in 2025, at a rental income of £67,800 pa (£17.51/ sq. ft.).

·    84 Albion Street, Leeds – Jugo Digital Ltd has let 1,304 sq. ft. of office space to April 2027, with an option to break in 2025, at a rental income of £66,000 pa (£50.61/ sq. ft.).

·    Cardiff Gate Business Park, Cardiff – SMS Energy Services Ltd. renewed its lease to February 2025, at a rental income of £61,908 pa (£14.00/ sq. ft.) on 4,422 sq. ft. of space.

·    York House, Felixstowe – Existing tenant Poundland Ltd has renewed existing lease of 7,593 sq. ft. of space at a rental income of £60,000 (£7.90/ sq. ft.). The lease is to April 2027.

·    Templeton On The Green, Glasgow – National Society For The Prevention Of Cruelty To Children. renewed its lease to March 2025, at a rental income of £59,820 pa (£12.00/ sq. ft.) on 4,985 sq. ft. of space.

·    Oakland House, Manchester – Secretary of State for Levelling Up, Housing & Communities renewed its lease to June 2029, with the option to break in 2027, at a rental income of £59,500 pa (£10.92/ sq. ft.) on 5,450 sq. ft. of space.

·    Eagle Court, Coventry Road, Birmingham – Goldbeck Construction Ltd has let 2,863 sq. ft. of office space to May 2025, with an option to break in 2024, at a rental income of £51,534 pa (£18.00/ sq. ft.).

·    Murdostoun House, Strathclyde Business Park, Bellshill – ATPAC Ltd has let 3,229 sq. ft. of office space to June 2029, with an option to break in 2027, at a rental income of £41,982 pa (£13.00/ sq. ft.).

·    Beaufort Office Park, Bristol – St John Ambulance renewed its lease to May 2028, with the option to break in 2026, at a rental income of £49,170 pa (£16.50/ sq. ft.) on 2,980 sq. ft. of space.

Subsequent Events summary post 30 June 2024

Since the quarter end, the Group has successfully completed a £110.5m capital raise ensuring the repayment of the £50m retail bond, enabling the reduction of bank facilities by £26.3m, and providing £28.4m for identified accretive capital expenditure projects.

Lettings

·    1175 Century Way, Thorpe Park, Leeds – Greenbelt Group Ltd has let 2,670sq. ft. of office space to July 2029, at a rental income of £64,080 pa (£24.00 / sq. ft.).

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