When investors think of high dividend yields, stocks such as Royal Dutch Shell and GlaxoSmithKline usually come to mind. However, owning shares directly is not the only way to pick up big dividend cheques.
Investment trusts are publicly traded companies that own a portfolio of stocks. They’re designed to generate profits for shareholders by investing in the shares of other companies. They can be bought and sold in the same way as regular shares, and are a fantastic way to add diversification to your portfolio. And many reward their shareholders with big dividends, on a regular basis.
Today, I’m looking at two investment trusts that currently have higher yields than the FTSE 100 index.
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