Image source: Getty Images
There are many UK stocks vying for the title of ‘best to buy now’. And, for me at least, some of the big dividends coming from financial stocks put them firmly in the lead.
The 9.1% on offer from investment manager M&G (LSE: MNG) looks like one of the best. And that’s even after the share price has picked up a bit. Not long ago, the forecast yield was in double digits.
Top financial stock
I’m big on financial stocks most of the time. And when so many look like they’re being hammered, the contrarian in me wants to stock up on them.
It would weigh my Stocks and Shares ISA a bit heavily in one direction, mind. And I do consider diversification to be a key element of long-term investing.
But then I remember something billionaire investor Warren Buffett said back in 2016: “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold….
