5% dividend yields! Is this UK share a top ISA buy or an investor trap I’ll avoid?

first_img See all posts by Royston Wild 2020 proved to be a disaster for many UK share investors as dividends toppled like dominoes. 2021 could throw up more unwanted surprises for share pickers as the Covid-19 crisis rolls on. But this doesn’t mean I’ll stop buying for my own Stocks and Shares ISA this year. There remain plenty of top dividend shares to make big money this year and beyond.A FTSE 100 contenderProperty giant Land Securities (LSE: LAND) gave dividend investors some palpitations in 2020. But glass-half-full investors might be tempted to think the FTSE 100 firm has turned the corner.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It reinstated dividends back in November after suspending them following the Covid-19 outbreak. And now City analysts suggest that annual payouts will begin growing again after slumping in the last fiscal year (to March 2020). This means Land Securities boasts chubby yields of 3.5% and 5% for financial 2021 and 2022 respectively.I fear UK share investors are taking a mighty gamble investing in this Footsie firm however. Back in November, it said trading conditions had begun to improve in more recent months. But tightening Covid-19 lockdowns since then, and in particular the national clampdown announced in recent days, surely puts paid to such a recovery.Plenty of problemsLand Securities saw pre-tax losses balloon to £835m in the six months to September, from £147m a year earlier. This reflected the retail, leisure and hotel sectors being put into mothballs. The probability that current lockdowns will remain in place until the spring gives the FTSE 100 firm and its investors plenty to worry about.Also, Land Securities can expect no relief to come from its portfolio of office properties either. It’s not just the threat of a cyclical slowdown that could pressure the UK share’s rent rolls. It’s that the rise of homeworking could also push up vacancy rates in the near term and beyond.All of this explains why Morgan Stanley predicted recently that “market rental value trajectory will be sideways at best” across the broader office sector. It even said rents will actually drop “in weaker locations where supply is looser.”I’ll be buying other UK shares!City analysts expect Land Securities to bounce from a 32% drop in annual earnings in this financial year to a 17% rise in financial 2022. Clearly though, the fresh national lockdown puts figures for this year and next in severe jeopardy. So I won’t be buying this UK share for my ISA any time soon.Besides, Land Securities’ share price doesn’t even reflect its broad range of colossal problems right now. Today, the FTSE 100 business trades on a forward price-to-earnings (P/E) ratio of 20 times. I’d expect a reading much closer to (or even below) the bargain-basement benchmark of 10 times.There are many other UK shares in much healthier shape to choose from today. And experts like The Motley Fool can help you to dig these out. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Landsec. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Royston Wild | Thursday, 7th January, 2021 | More on: LAND Image source: Getty Images 5% dividend yields! Is this UK share a top ISA buy or an investor trap I’ll avoid?last_img read more

Quinn agrees Reading switch

first_img The 29-year-old, a free agent after leaving relegated Hull at the end of last season, will sign a three-year contract with the option of a fourth. Royals boss Steve Clarke told the club’s website: ” Stephen is an unassuming player but has always caught my eye and, when I knew he was available, I targeted him quite early in the summer. “His performances are always of a good standard and he is a talented, industrious, aggressive midfielder who can be influential in games. “Obviously he has just experienced relegation at Hull City and is desperate to get back to the Premier League as quickly as possible, which can only be good for us. He has previous experience of playing in the Championship and was an important member of the Hull City team that gained promotion. “Stephen is also a good character who will have a positive effect in our changing room and, just as importantly, on our younger players here at Reading.” Quinn joined Hull from Sheffield United in 2012 and made 97 appearances – including the FA Cup final defeat by Arsenal last year – and scored five goals. Republic of Ireland midfielder Stephen Quinn has agreed a move to Reading.center_img Press Associationlast_img read more