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7%+ Profit Yield! 4 FTSE 100 shares for investors to consider buying in April

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gave FTSE 100A great place for investors to find high quality income shares. Here are four high dividend stocks that I think are worth a closer look today.

Taylor Wempe

The housing market is not out of the woods yet. But a steady stream of encouraging industry news suggests that homebuyer demand is in recovery mode.

shopping Taylor Wempe (LSE:TW.) Shares may be a good idea to take advantage of this. Today, its forward dividend yield is a whopping 7.1%.

The latest data from the Royal Institute of Chartered Surveyors (RICS) illustrates the positive momentum in the sector. It showed that new inquiries from buyers hit a two-year high in March, prompting the body to predict that house prices could rise again in the next 12 months.

If interest rates don’t come down in the coming months, the recovery could run out of steam. But buying shares of Taylor Wempe on Balance could still be a good play.

Phoenix Group Holdings

High interest rates will also cause problems. The Phoenix Group (LSE:PHNX) by eroding its asset values. The firm may also be weighed down by continued weakness in the global economy.

Yet I believe these threats are baked into the FTSE firm’s low valuation. It trades at a forward price-to-earnings (P/E) ratio of 10.2 times, which is lower than its financial services peers.

Investors can also reap a juicy 10.7% dividend at current prices.

Phoenix is ​​a company full of long-term potential. As the UK population ages, demand for superannuation and investment services should follow suit, thereby increasing companies’ profits exponentially.


The life insurance giant Aviva (LSE:AV.) is another Footsie business benefiting from this demographic shift. It is also a major provider of pensions, annuities, equity releases and other retirement products.

Competition in this market segment is fierce. But this 328-year-old business has significant brand power that helps mitigate that risk.

I also like the company because of its deep balance sheet. It has a Solvency II ratio of 212%, giving it room to continue returning cash to its shareholders while acquiring a capital-light business.

Today, Aviva shares have a dividend yield of 7.5%.

HSBC Holdings

Asian Banking Powerhouse HSBC (LSE:HSBA) also offers fantastic all-round value. It trades at a forward P/E ratio of 6.8 times and yields a corresponding 9.5% dividend.

Unfortunately, the company faces near-term turmoil as China’s economy explodes. Including Hong Kong, the country makes up about 45% of the group’s profits. And China’s problems have a contagion effect on the rest of the region.

But the long-term outlook for HSBC remains strong. Demand for banking products in Asia is projected to grow strongly over the next two decades due to population growth and improving personal income.

And bank restructuring is happening fast to take advantage of this opportunity. Just this week it announced the winding down of its Argentinian operations following the sale of other major non-Asian operations. I think the future here is very bright.

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