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Looking for the best passive income stocks to buy next month? Here’s one to consider that I think could be an excellent source of long-term dividends.
For 2025, its dividend yield is more than double the FTSE 100 forward average of 3.5%.
8.4% dividend yield
A sluggish economy continues to cast a cloud over the housing market. There’s also ongoing uncertainty over future interest rates amid a recent pickup in inflation.
Yet homebuyer activity remains resilient, suggesting Taylor Wimpey (LSE:TW.) could be a strong pick for dividend investors to consider.
City analysts expect the full-year dividend to rise 1% in 2025, to 9.56p per share. Following recent share price weakness, this means the dividend yield on Taylor Wimpey shares is an enormous 8.4%.
Dividend risk
There is some risk to current dividend forecasts, having said that.
The expected payout for this year…
