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Income Boosters: is this 10% dividend yield safe?

24/10/2022

Dividends

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Our Income Boosters portfolio is delivering dividend growth in tough conditions. In our latest portfolio update here, we cover news from four of our portfolio companies and also consider whether the 10% yield on offer from one of them is still safe.


September was an exciting month in the financial markets for all the wrong reasons. Fortunately, our Income Boosters appear to be largely trading in line with expectations.

This week we have a round-up of news from three FTSE 100 stocks, including one 10% yielder. There's also an encouraging report from a smaller firm with a 7% dividend yield.

Tesco: dividend up 20%

Half-year results: Supermarket giant Tesco (LON: TSCO) increased its interim dividend by 20%…

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