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My preferred way of targeting a large and sustained passive income is to buy UK dividend shares. The FTSE 100 and FTSE 250 alone are packed with high-dividend-yield stocks that could provide substantial cash rewards in the near term and beyond.
Here are three shares for income investors to consider today. Across them, the average dividend yield is an enormous 8.4%.
High yielding housebuilder
Things remain uncomfortable for Taylor Wimpey (LSE:TW.) as the housing sector endures a bumpy recovery. On Wednesday (30 July), the company reported “softer market conditions” in Q2, with average selling prices of £313,000 in H1 coming in lower than its forecast of £330,000.
Trading could continue disappointing if the UK’s economy keeps struggling, putting further pressure on the company’s share price. But thanks to its industry-leading balance sheet, I’m optimistic Taylor Wimpey…
