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I do love a bargain, whether it’s hitting the high street or filling my portfolio with cheap UK shares. And doing some research over the last week, the following FTSE 250 shares have attracted my attention.
Each trades on a rock-bottom price-to-earnings (P/E) ratio. They also carry a dividend yield that could supercharge investors’ near-term passive income. But are they really bona-fide bargains, or are they simply classic value traps?
A bright dividend share
Foresight Solar Fund (LSE:FSFL) has exceptional appeal as an income share, in my view. Cash flows are broadly stable, thanks to the defensive nature of its operations, along with its inflation-linked turnover and long-term government-backed contracts.
This has given it the strength to raise dividends every year since its IPO in 2013. Dividends are paid quarterly, too, allowing investors the chance to reinvest their income…
