I’ve got one UK household goods company in my sights that sells into millions of UK homes via major retailers but has seen its stock price come under pressure.

With signs that its underlying sales mix could be improving and a key reporting date coming up in March, here’s what I’m watching right now. 

Under-pressure penny stock

The penny stock in question is Ultimate Products (LSE: ULTP). The company designs and distributes branded household goods, the kind that rarely grabs headlines but reliably fills shelves.

March matters because the company is due to announce its interim financial results on 24 March 2026. That should give investors a proper read on whether or not management has steadied the ship after a period of weaker demand.

A recent half-year trading update for the six months to 31 January 2026 said trading was in line with expectations, despite a soft UK market for general merchandise. What really caught my eye was a shifting sales mix rather than just the headline volumes.

The update flagged that adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) for the half is expected to be around £5m.

Net bank debt dropped from £14.1m at 31 December 2025 to £9.7m in the latest update. That also brought the net bank debt-to-adjusted EBITDA ratio below the company’s policy target of 1 times.

Valuation

If the March results show the company is converting profit into cash, the current valuation could look cheap.

With a price-to-earnings (P/E) ratio of 8 and a trailing dividend yield of 7.7% as I write, this could be of interest to income investors.

Of course, there is more to the story than just headline figures. The share price has been volatile and is down 33% in the last 12 months to 53.5p as I write on 26 February.

Continued pressure on sales and profit margins is clearly worrying investors. There’s also the risks that come with investing in penny stocks more broadly.

Liquidity is limited, and the company’s modest market cap means its share price could experience a big swing based on any updates.

The other factor to consider is that these types of dividends are rarely ‘set and forget’. Put simply, I wouldn’t be relying on the company’s 7.7% yield to achieve my passive income goals.

The company has been leaning further into proprietary brands, which typically offer more control over product, positioning, and pricing. If the March report shows that this mix shift is supporting steadier margins, then the valuation may be reflecting last year’s worries more than this year’s reality.

Key takeaways

This month’s focus for me is simple. If the company’s homewares model can keep generating dependable earnings and debt remains low despite challenging retail conditions, I think the stock is worth considering.

Of course, there are big risks when investing in penny stocks like this. However, if sales volumes and margins are strong on 24 March, I might just look at buying when I get the funds.

The post Why March could be huge for this penny stock with a 7% yield appeared first on The Twelfth Magpie.

I wouldn’t call any small-cap stock a ‘no brainer’ due to the higher risks involved. Their share prices can be volatile, and they can be less financially equipped to deal with company, sector, or economic crises.

Yet I think the standout growth potential of these penny shares still makes them impossible to ignore: Logistics Development Group (LSE:LDG), Alternative Income REIT (LSE:AIRE), and Ultimate Products (LSE:ULTP).

Want to know why? Read on.

Cheap as chips

As I say, purchasing penny stocks comes with an added layer of danger. However, investors can protect themselves by purchasing ones that are going cheap.

The reason is simple: shares with rock-bottom valuations enjoy a cushion that can limit (or even prevent) price drops.

This is the case with Logistics Development Group, and indeed with all of the shares here. This particular UK share trades on a forward price-to-earnings (P/E) ratio of just 3.1 times.

The company formerly known as Eddie Stobart primarily invests in — you guessed it — logistics assets. We’re talking about medicines distributors (Alliance Pharma), delivery companies (APC), and e-commerce specialists (SQLI). It also holds a large stake in Finsbury Food, a large bakery business.

Logistics Development’s cyclical nature leaves it exposed to downturns, though its diversification across sectors helps reduce this risk. In my view, themes like the rise of online shopping and a rapidly ageing population give the company excellent growth potential.

Growth and dividends

Penny shares aren’t renowned for their ability to pay dividends. Any surplus cash these businesses have tends to be reinvested for growth rather than distributed to shareholders.

Alternative Income REIT is an anomaly in this regard. Under real estate investment trust (REIT) rules, it must pay 90% of annual rental profits in dividends.

This means it currently has an 8.7% prospective dividend yield. Combined with a forward P/E ratio of 7.9 times, it offers excellent all-round value.

Alternative Income invests in a range of property classes, including retail outlets, hospitals, power stations, and apartments. While it’s exposed to interest rate risk, this diversified approach provides a stable long-term return and reduces volatility during tough economic periods.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

A top turnaround stock?

Ultimate Products is the final cheap share we’re looking at here. It trades on a forward P/E ratio of 8.9 times.

What makes this such an attractive growth share? To be honest, things have been pretty dire here of late as consumer spending has fallen. The company makes household products under brands like Salter and Russell Hobbs.

Yet I think it could be a great recovery stock to consider at today’s prices. Its much-loved brands put it in good shape to ride the economic upturn when it arrives. European expansion and work to improve its sales functions could also boost growth.

A final bonus: this penny stock offers a 10.1% forward dividend yield.

The post With P/E’s below 9, are these 3 cheap penny stocks no brainers? appeared first on The Twelfth Magpie.

Two of the most painful drops this year include Playtech (LSE:PTEC) and Ultimate Products (LSE:ULTP), with the latter even falling into penny stock territory.

These businesses have seen their share prices crash by 65% and 46% respectively since the start of the year. Yet while it’s been a horrendous journey for shareholders, for new investors, this downward volatility may have created a lucrative entry point for a recovery story.

Are these shares on the verge of an explosive comeback and worth looking at for a portfolio?

What happened to Playtech?

The gambling technology platform enterprise continues to be a market leader within its niche. And the stock’s sudden price collapse in May wasn’t caused by operational challenges, but rather a massive special dividend following the sale of its Snaitech business to Flutter Entertainment.

Yet since then, the stock’s continued to fall by double digits as management finds itself embroiled in a legal battle with rival firm Evolution AB, accusing the company of forgery, defamation, fraud and other anti-competitive practices.

Playtech vehemently denies the allegations. Assuming that these accusations are indeed untrue, the underlying business seems to be in a strong position for a comeback.

As a pure-play business-focused gaming platform provider, leadership is attempting to expand into new regulated markets, including the US and Latin America. This not only provides geographical diversification but also opens the door to cash flow expansion opportunities to strengthen the balance sheet – a key area of concern among debt investors.

However, the legal battle has me concerned. Even if Playtech wins, it still serves as a massive distraction for management. And that’s something its other competitors could capitalise on. With that in mind, I’m not rushing to buy Playtech shares right now.

What about Ultimate Products?

Unlike Playtech, Ultimate Products is having a much rougher time in terms of operational performance. The branded household products business is struggling to navigate a weak discretionary consumer spending environment, resulting in multiple profit warnings and growth collapse.

To management’s credit, a lot of effort’s being put into driving higher efficiency as well as strengthening the perceived value of its brands. While the impact of this isn’t reflected in the group’s current financials, it could quickly emerge once the spending cycle turns.

This recovery momentum could further be accelerated by the group’s European expansion ambitions. Nevertheless, the timing of this cyclical shift remains a mystery. And with earnings facing enormous pressure, the Ultimate Products share price could have further to fall.

The bottom line

Out of these two FTSE shares, Ultimate Products looks like it has the more promising recovery story to consider. There’s no denying that Playtech has far more substantial growth potential. But the fallout of its ongoing legal dispute could be disastrous, significantly increasing the investment risk.

Having said that, there are plenty of other FTSE shares looking primed for a rebound that could be even more promising.

The post Down up to 65%, experts expect a massive recovery from these FTSE shares appeared first on The Twelfth Magpie.

Of course, identifying winning businesses before the surge is far easier said than done. But wouldn’t it be great if an artificial intelligence (AI) could do it for me?

With that in mind, I asked ChatGPT for its opinion on which companies might be the “perfect” penny stock to buy right now. And it came up with a pretty interesting response…

Boring but dependable?

ChatGPT’s choice fort the perfect buy is Ultimate Products (LSE:ULTP) – the homewares company behind brands such as Salter, Russell Hobbs, and Beldray.

When I asked why it thinks this is a winning business, ChatGPT responded with an argument that, on the surface, seems quite valid.

It highlighted that, unlike most penny stocks, Ultimate Product is profitable. It has an easy-to-understand retail business model. The balance sheet only carries modest debt. The stock trades at a modest price-to-earnings ratio of 9.2. And the dividend yield’s a tasty-looking 6.6%.

This all sounds rather promising. Except it seems ChatGPT’s overlooked one glaring critical factor – the company’s in freefall.

Collapsing profits

With inflation and higher interest rates ravaging household budgets, demand for premium and branded homeware products has collapsed. And Ultimate Products has experienced the consequences of this first-hand.

In the 12 months leading to July, pre-tax profits have taken a 44% haircut, dividends were slashed in half, and the group’s net-debt-to-EBITDA ratio is now above target.

What’s more, looking at the latest analyst projections, it doesn’t seem like things are expected to get much better. In 2026, the earnings per share are expected to fall once again to 5.38p from the current 6.8p – another 21% tumble.

Combining all this, the CEO is receiving a chunky pay increase despite the bleak performance, and it’s not surprising that most investors are fleeing. And as such, the stock has tumbled by over 50% in the last 12 months. Needless to say, this is hardly what I would call “perfect”.

A glimmer of hope?

This serves as a good example of how relying solely on the recommendations of AI tools like ChatGPT is an excellent way to potentially set money on fire. But could Ultimate Products be a hidden recovery opportunity?

There is some room for rebound optimism. The downturn in sales and profits appears to be cyclical rather than structural, and the company’s brands are still popular household names.

That certainly gives the business a bit of an advantage once economic conditions improve. And to management’s credit, they are taking action to try and offset the impact on margins through automation and AI.

But there’s still a lot of work to do. And with leverage already exceeding targets alongside the projections of further cash flow compression in 2026, this penny stock may yet fall even further. That’s why I’m ignoring ChatGPT’s recommendation and looking for other, less risky and more promising stocks to buy within the micro-cap space.

The post I asked ChatGPT to pick the perfect penny stock to buy and it said… appeared first on The Twelfth Magpie.

The shares had a poor start to the year even before a profit warning on 25 June. “This remains a hugely challenging trading environment given the wider macroeconomic uncertainty and weak consumer sentiment, and unfortunately our current performance reflects that“, said CEO Andrew Gossage.

The price crashed 30% on the day. Still, since then it’s back up 20%. And that’s even after the company slashed its dividend in half to 3.7p per share.

Full-year results

Reported on 28 October, the year saw revenue fall 3%, adjusted EBITDA drop 31%, and adjusted earnings per share (EPS) slide 40%. And the company was talking of a consensus for further falls in 2026 — revenue -8%, EBITDA -20%, EPS -30%.

The CEO described it as “a challenging year for consumer-facing businesses, with ongoing macroeconomic pressures, elevated shipping costs and weak consumer demand weighing on performance“. I think we’d worked that out.

Oh, and the board confirmed plans to move from the London main market to AIM. A lot of penny stocks do that to help with costs and flexibility at their low market cap. Shareholders will vote at December’s AGM.

Not that bad?

These results look awful. But the share price remained steady on the day. There might be more to this company than is immediately apparent. First, what does it actually do?

Ultimate Products owns a number of popular brands — including Beldray, Salter, Russel Hobbs, and Dreamtime.

One product-related thing struck me in those FY results. As well as a 60% drop in third-party close-out sales, the company suffered a 32% fall in air-fryer sales. Air-fryers — those are fad things that everyone craved after for a while, right? Fads pass, and sales fall to sustainable long-term rates. But it does looks like those two items caused the most damage.

The products the company sells are exactly the kinds I’d expect to lose some attraction when people’s pockets are squeezed. But at the same time, they’re ones that could enjoy firm long-term demand.

What next?

As well as that EPS fall expected in 2026, analysts also forecast a further dip in the dividend to 2.7p. But that would still mean a 4.3% yield on the current share price. And a return to earnings growth in 2027 could help it back up to 5.6%.

What about price-to-earnings (P/E) valuation? The 2026 consensus would mean a multiple of 12. If that’s the worst point in the earnings downturn, it might make for a decent long-term buy now.

Much will depend on cash flow and the dividend over the next 12 months, I expect. And I think investors who see the consumer-product sales outlook as solid over the next decade could do well to consider Ultimate Products.

But I’m wary of assuming too much from a penny share recovery too soon. I’ll wait and see.

The post This UK penny share has fallen nearly 50% this year. Should we snap it up? appeared first on The Twelfth Magpie.

• WPP (LSE:WPP) – down 56%
• Ultimate Products (LSE:ULTP) – down 45%
• Greggs (LSE:GRG) – down 40%

There’s no denying that seeing close to half an investment get wiped out is painful. But intelligent investors look beyond the share price and dig into why a company’s in freefall. After all, the best buying opportunities often emerge from the worst-performing shares.

So are there any hidden bargains here?

Investigating the fall

Each of these companies operates in its own unique industry. WPP focuses on the advertising sector, Ultimate Products owns a portfolio of homeware brands, while Greggs is Britain’s favourite bakery chain. Yet despite this diversification, they’ve all stumbled of late.

With economic uncertainty on the rise, businesses have been pulling back on their advertising budgets. That’s a nasty headwind for WPP, which is only being compounded by the rise of generative artificial intelligence (AI).

This impact is also spilling over to the consumer. With elevated inflation and interest rates still squeezing household budgets, demand for electronics and home appliances isn’t very strong.

Consequently, retailers have reduced their inventories due to slow-moving excess stock in previous years. And Ultimate Products is subsequently experiencing a slump in new orders.

Greggs is also feeling the pinch. Higher wages, ingredient prices, and energy costs have all adversely impacted its profit margins. Management’s responded by raising prices, but consumers have noticed. And its reputation as a cheap on-the-go food source is increasingly being questioned.

Throw in the added disruption from poor weather conditions, and the result is a significant slowdown in growth paired with profit warnings.

Room for optimism?

While the short-term outlook remains bleak, these companies aren’t sitting idle waiting for the tides to change.

WPP’s been investing heavily in its own AI tools as a new product offer for customers. And once the advertising landscape starts to heat back up, the business could be well-positioned to rebound during a cyclical recovery.

Meanwhile, Ultimate Products has launched a strategic review of its supply chain and manufacturing activities. Management’s seeking to identify inefficiencies, hopefully unveiling opportunities to improve profitability and offset the impact of a softer market.

As for Greggs, the company continues to innovate. New product offers are resonating well with customers, its loyalty programme’s proving popular, and a new wholesale partnership with Tesco has opened the door to a new revenue stream.

Which stock do I like?

Out of these three businesses, Greggs is the most promising, in my eyes. Growth in its latest results continues to be elusive. However, with operational improvements being rolled out, infrastructure investments proceeding as scheduled, and inflationary pressures subsiding, a steady recovery could already be underway.

The firm still has significant execution risk, especially as management targets a total of 3,000 locations across the UK. But in the long run, I think this FTSE stock still has plenty to offer. That’s why it’s already on my watchlist.

The post These 3 FTSE shares have crashed hard. Which do I like today? appeared first on The Twelfth Magpie.

Despite that unglamorous profile, this small-cap manufacturer might just be one of the most promising opportunities around.

The numbers are genuinely eye-catching. Return on equity (ROE) currently sits near 15%, which puts it in the same league as some high-growth FTSE 100 stocks. Even more impressively, the dividend yield is over 10% – a level rarely seen outside the riskiest corners of the market.

Yet, unlike many speculative income plays, its payout looks sustainable. The dividend is covered around 1.5 times by earnings, translating to a payout ratio of roughly 68%, and the firm boasts eight consecutive years of uninterrupted payments. Cash coverage is also sufficient, which adds another layer of comfort for income hunters.

So, what’s the catch?

The share price has been sliding for months, due to a drop in sales exacerbated by stubborn inflation and rising tariffs. It’s down almost 50% this year, a painful blow for anyone who bought in 2024 expecting a steady ride. Due to the weak performance, the company has considered moving its listing from the main market to AIM, hoping for greater flexibility and lower costs.

However, the price decline now makes the valuation look compelling. The shares currently trade on a forward price-to-earnings (P/E) ratio of just 8.03, suggesting the market may have gone too far in pricing in the negatives.

If the price stabilises, there’s a case to be made that the stock looks oversold.

Still, this remains a penny stock – and that brings a unique set of risks. Low liquidity and a modest market capitalisation mean the share price can move sharply on even small pieces of news. Any profit slip, supply chain disruption or shift in retailer demand could trigger a major swing.

There are also some balance sheet concerns. While the company’s equity outweighs its debt roughly two-to-one, cash flow has been weak recently and liquid assets don’t fully cover short-term liabilities. If earnings don’t improve, management might have to choose between maintaining the dividend and servicing debt.

In that scenario, a payout cut isn’t unthinkable.

My verdict?

All things considered, Ultimate Products appears to be keeping things under control. The business model is simple, the brands are familiar, and management has a decent track record of steady dividends. If the cost pressures that hurt profits earlier in the year ease (and retail demand recovers over the Christmas period) it’s easy to see sentiment shifting again.

For income-focused investors, the yield alone is tempting. A double-digit payout backed by years of consistency doesn’t come around often, especially at such a low valuation. The big question is whether this is a value trap or a genuine bargain hiding in plain sight.

And the best income play on the market? Maybe not, but I feel it’s one to keep on the radar. Yes, it’s a fair bit riskier than the average FTSE 100 dividend payer. Yet for investors with a higher tolerance for volatility and an appetite for chunky yields, I think it’s one penny stock worth considering.

The post Could this 10%-yielding penny stock be the best income play on the UK market right now? appeared first on The Twelfth Magpie.

For reference, the average stock market yield’s typically between 3% and 4%. So at almost 11%, this consumer goods enterprise, on the surface, looks like a golden opportunity for income investors.

Of course, high yields can also lure investors into a trap, even more so when venturing into double-digit territory. But there are always exceptions. So, the question now becomes, should investors steer clear? Or is Ultimate Products a massive hidden opportunity?

How did we get here?

As a quick reminder, Ultimate Products is the company behind several household names, including Salter, Kleeneze, and Russell Hobbs, among others.

2025 has been a bit of a rough year for shareholders. The stock price has dropped by almost 50% since January, driven primarily by shrinking sales and profits, alongside management downgrading the full-year outlook.

With the consumer spending environment weakening in the UK, the company’s struggled to maintain sales of its discretionary home and lifestyle products. This softer environment started to impact investor confidence back in 2024. And it didn’t help that its CEO received a 20% pay bump last year despite the financials worsening.

Combining the lacklustre outlook with growing governance concerns, it’s not surprising that shareholders have been jumping ship, causing the share price to drop and the yield to rise.

So far, this isn’t sounding great. After all, dividends are funded using excess earnings. And right now, it seems the Ultimate Products doesn’t appear to be generating much on that front.

Yet, despite all these challenges, management‘s continued paying dividends. Is it possible that investors have oversold, creating a buying opportunity?

Hidden potential

Going beyond the disappointing headline figures does reveal several encouraging trends. For example, while UK sales were sluggish in its latest results, organic growth was on the rise in its European expansion territories.

The company’s also busy introducing new product lines and revamping old ones, which seems to be having a positive effect on offsetting sluggish demand. And should the local consumer spending environment improve as interest rates are steadily cut, the business may be well-positioned to gradually recover over time while continuing to maintain its generous dividend policy.

The bottom line

All things considered, Ultimate Products houses a valuable portfolio of brands that does seem to resonate well with customers. And while it does face significant macroeconomic headwinds, today’s price-to-earnings ratio of 7.3 seems to reflect the challenges this company’s facing.

Having said that, the weak outlook nonetheless creates a lot of uncertainty about its near-term future. Most analysts project earnings to continue falling in 2026, clashing with the confidence that management’s trying to signal.

The company’s reporting earnings at the end of October, which will provide some much-needed insight into the group’s current state of affairs and give hints about what could be on the horizon.

With that in mind, I’m not rushing to buy right now, even with a double-digit yield on offer. But it’s definitely a stock income investors may want to watch carefully in the coming weeks.

The post With a 10.5% dividend yield, could this FTSE share be a passive income goldmine? appeared first on The Twelfth Magpie.

Among the list of worst-performing UK shares in 2025 is Ultimate Products (LSE:ULTP). Since the start of the year, the company has seen close to 45% of its market-cap get wiped out. And while shares have bounced back slightly, the stock still trades close to a 52-week low.

The decline’s been so severe that the price-to-earnings (P/E) ratio now stands at just 7.7. For reference, the estimated P/E ratio of the UK stock market is closer to 18.7 as of September. What’s the reason for this 60% discount? And should investors be considering this stock as a potential bargain?

What happened?

Ultimate Products may not be a household name, but many of its brands can be found in British homes, such as Russell Hobbs and Salter.

Across its brand portfolio, the company designs, develops, and distributes a wide range of household appliances, audio devices, heating systems, and even collapsible laundry baskets. And its products can be found in supermarkets both in Britain and abroad.

Needless to say, it’s an established enterprise with a strong foothold in the retail market. The problem is that most of its products are often viewed as discretionary purchases. And in a macroeconomic environment where consumers are looking to avoid unnecessary spending, the group’s finances have been feeling the pinch. So much so that in June, management issued a profit warning that sent the stock crashing by almost 30% overnight!

This sudden downward volatility not only dragged the Ultimate products share price southwards to a 52-week low, but also a five-year low as well. However, now the damage is done, could this company present a potentially lucrative recovery investment?

To buy or not to buy?

Management isn’t blind to the adverse market environment it finds itself in. And while the company can’t control economic conditions, it has started taking action to adapt to them.

An operational restructuring is now underway to eliminate inefficiencies and offset the ongoing pressure on profit margins. At the same time, sales outside the UK are showing signs of resilience, pointing towards potentially stronger medium-to-long-term performance.

That’s certainly an encouraging trend. But it seems many analysts remain unconvinced. Inflation and tariff risks are expected to persist over at least the next two years. And with consumers likely prioritising discount hunting, the hopes for a rebound in Ultimate Products’ higher-margin portfolio are looking dim.

This all translates into a fairly pessimistic outlook of shrinking sales and earnings in 2026 and 2027. That’s the opposite of what investors want to see. And with that in mind, it’s not surprising to see this stock priced so cheaply as a result.

While disappointing, the bar’s been set extremely low. As such, if the group’s restructuring efforts deliver better than expected results, shareholders may see a sharp upward correction. Sadly, that’s far from guaranteed. And with other discounted UK shares in a much stronger position, Ultimate Products likely isn’t a top stock to consider buying right now.

Therefore, investors may want to look elsewhere for a potential bargain.

The post Near a 52-week low with a P/E of just 7.7, is this one of the best shares to buy now? appeared first on The Twelfth Magpie.

And right now, two of the most generous yields include Ultimate Products (LSE:ULTP) at 10.2% and Taylor Wimpey (LSE:TW.) at 9.7%

But it’s essential to remember that dividends aren’t set in stone. Management teams can cut dividends during periods of financial distress. And investors have to dig deeper to find out whether the income from high-yield shares is sustainable or not.

Zooming in on Ultimate Products

The branded homewares business doesn’t exactly have the best market conditions to operate in right now. Its latest results saw revenue take a 6% haircut across the first half of its 2025 fiscal year (ending July). That’s more resilient than most analysts were expecting. But on the back of higher freight costs and a less favourable product mix, underlying earnings tumbled by almost 40%!

The impact of the earnings decline is laid bare in the Ultimate Products’ share price. The stock has seen almost 60% of its market-cap wiped out, pushing its dividend yield to today’s impressive level.

The company’s payout policy states that it intends to return 50% of post-tax profits back to shareholders. As such, the group’s interim dividends have already been adjusted downward from 2.45p to 1.55p. Yet, this also means that the revised payout’s covered by earnings, which is a positive signal of sustainability.

However, if earnings continue to fall, dividends will likely follow. And based on the current analyst consensus and a recent profit warning, that looks likely to happen. There’s still an argument to be made for value investors given that the shares trade at a cheap price-to-earnings ratio, even on a forward basis. But for income investors, the group’s high yield looks like a trap, in my opinion.

Income potential among homebuilders?

Inflation and higher interest rates have taken their toll on British homebuilders. Higher input costs combined with falling home prices are squeezing profit margins. And when throwing in an additional £222.2m in cladding fire safety provisions, Taylor Wimpey’s profits have tumbled rapidly into the red, with dividends getting clipped in the process.

Just like Ultimate Products, the shares of this once-beloved income stock have been stuck on a downward trajectory, with investors suffering a 40% drop over the last 12 months. But the question once again is, with the damage now done, is this secretly a lucrative dividend opportunity?

Operationally speaking, Taylor Wimpey remains in a fairly robust state. Home completions are accelerating at a double-digit pace. And when excluding one-off surprise expenses, its operating profit actually came in ahead of expectations across the first half of the year.

That definitely suggests the company’s in a stronger position compared to Ultimate Products, especially since the UK housing market is already showing early signs of a potential recovery. But depending on how long that takes, there still runs the risk of further dividend cuts in the short term.

Therefore, personally, I’m not rushing to buy either of these income shares despite the chunky yields on offer.

The post 10% yields?! These income shares have some of the biggest dividends on the London stock market appeared first on The Twelfth Magpie.