Don't fall into the well: four income stocks outside oil

Robust dividends

clock • 4 min read
Ken Wotton, co-manager of LF Gresham House UK Multi Cap Income fund
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Ken Wotton, co-manager of LF Gresham House UK Multi Cap Income fund

As UK inflation reaches a 30-year high, investors are having to work harder to find income. Many have been flocking to oil and mining stocks, where dividends have soared in recent weeks, in search of a short-term fix.

This is a very imprudent course of action. These cyclical sectors are prone to volatility, as evidenced by dividends cuts during Covid-19, and the future of fossil fuels is a foregone conclusion. Instead,...

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