The 2020 stock market crash provides an excellent opportunity to make a fortune with UK shares. With the right investment strategy you might even be able to join the growing ranks of Stocks and Shares ISA millionaires too.
How? Well, the stock market crash allows you and I to build a portfolio of high-quality UK shares at low prices today. All you need to do then is sit back and watch those stocks soar in value as economic conditions improve and profits soar.
3 UK shares with BIG dividends
Give me a few minutes to talk you through some of the brilliant UK shares that have caught my attention. I think they’re particularly great buys for investors seeking big dividends today:
- The partying gold price has cooled more recently but a race to new record highs looks on the cards. Why? Well as analyst Nicholas Johnson of PIMCO notes: “Gold remains attractively valued — one might even say cheap — in the context of historically low real interest rates.” He notes that the real-yield-adjusted gold price is currently at the lower end of its range for the last 15 years, leaving plenty of scope for more price rises. This means that Centamin can expect more serious share price gains before long too, making it a top buy today. This gold producer’s 5.2% dividend yields make it an attractive choice for income chasers too.
- Centamin doesn’t have to worry about the uncertain outlook for the global economy as this should boost gold prices as well. SSE is another share that doesn’t have to fret too much over tough economic conditions as electricity demand will remain broadly unchanged. This explains why City brokers expect this UK share to keep paying above-average dividends over the medium term at least. Consequently this utility carries a mammoth 6.2% dividend yield for this fiscal year.
- The Covid-19 crisis hasn’t damaged the earnings outlook for all UK shares, however. Companies that operate in the e-commerce arena will benefit from the boost to online shopping activity that lockdown measures provided. I’ve recently bought Tritax Big Box shares to ride this trend, a provider of logistics are warehousing facilities. And Warehouse REIT is another attractive operator in this particular field. At current prices, the AIM company sports a handsome 5.5% forward dividend yield.
Make a million after the stock market crash
We all dream of becoming a stock market millionaire. And I believe those big dividend payers could help you achieve it. But they’re a mere taster of the top UK shares that could boost your chances of making a fortune. The Motley Fool’s epic library of exclusive reports can help you find even more top income heroes to buy after the stock market crash. So do some research and get investing today!