If we use UKW as the working example, they go xd next week

The fcast dividend is 2.6p, if you buy before the xd date, you will earn 5 dividends in just over a year.

Current price 117p Fcast Dividend 2.6p

5 Dividends earned 13p – a yield of roughly 11%

If the share price has increased, you take your profit and try to do it with another Trust.

If not you could keep taking the dividends, which will be re-invested to earn more dividends to be re-invested.

All baby steps. The above is not a recommendation to buy but obviously the main criteria of the Trust you choose, apart from the yield, is the dividend ‘secure’ although no dividend is 100% secure.