I’m looking at two FTSE 100 shares with some of the highest dividend yields, and they still look cheap to me.
I’m always upbeat about the long-term future for the FTSE 100, as the UK stock market has wiped the floor with other types of investment for more than a century.
But right now, the big dividends I’m seeing make me bullish about the short to medium-term too.
Top dividend stock?
M&G (LSE: MNG) might just be my top pick at the moment.
It’s a retail savings and investment manager, and those tend not to be too popular when the stock market is in a bear mood. You know, like the years that followed the 2020 stock market crash.
The M&G price has dropped 7% in the past five years. And it’s even down 8% year to date, despite the outlook turning a bit brighter this year. At least, I think it’s brighter.
Rebuilding
The company went through a tough spell, and it’s been working on a bit of an efficiency…
