One of the ways I try to benefit from holding a Stocks and Shares ISA is to buy income shares I hope can pay me dividends long into the future.
If I had spare money to invest in my ISA right now, I would happily buy the three shares below.
Each is a member of the FTSE 100 index of leading companies. Each has raised its dividend annually in recent years (though past performance is not necessarily indicative of what will happen in future).
Best of all, in my view, each has a yield of at least 9.4%.
British American Tobacco
I will begin with the 9.4%-yielder British American Tobacco (LSE: BATS).
It is not often this high-yield share is seen as the poor cousin of a set of dividend payers, but in this case that is true. It actually offers a lower yield currently than the two shares I discuss below.
Still, from an income perspective, I think there is a lot to like about the Lucky Strike manufacturer.
The company has…
