Image source: Getty Images
The UK’s leading share index is packed with exceptional, passive-income-providing dividend stocks. Many FTSE 100 shares are mature, highly-cash-generative entities with diverse revenue streams, qualities that give them the means and the confidence to pay big dividends year after year.
Today the Footsie’s forward dividend yield sits at 3.8%. But there are literally dozens of stocks that offer a better yield than this.
Among all of these attractive investing opportunities, one is especially appealing to me right now. Let’s take a closer look.
A banking giant
Asia-focused HSBC Holdings (LSE:HSBA) is by far London’s mightiest banking share. With a market capitalisation above £118bn, the total value of its outstanding common shares is almost four times larger than that of second-placed Lloyds Banking Group.
Unlike its FTSE 100 peer, HSBC has a wide geographic footprint with operations in all four…
