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Want to earn passive income from an ISA? 5 FTSE shares yielding 6.6%+ to consider this October


When investing a Stocks and Shares ISA, like a lot of investors, one thing I consider is the possible passive income I might earn from dividends.

Here is a handful of shares I think merit consideration right now. All offer yields well above the 3.1% currently offered by both the FTSE 100 and FTSE 250.

ME Group

The operator of Photo-Me picture booths and Revolution laundry machines ME Group International (LSE: MEGP) has had a tough year on the stock market.

The share price has tumbled 19% so far in 2026, after it ended talks with possible suitors at the end of last year.

That price fall has pushed the yield up to 7.1%. Despite the downwards share price action, at the interim point this year, both revenues and diluted earnings per share grew year on year.

A slowdown in photobooth activity in some countries in the spring could signal a wider shift away from the analogue machines, a risk to both revenues and profits.

But the FTSE 250 firm is well diversified both geographically and in terms of product offering. Laundry machine revenue grew 16% in the first half.

Imperial Brands

I cooled on cigarette maker Imperial Brands after a deep dividend cut in 2020.

Still, that is a risk with any share – and the dividend has been growing annually since. The yield is now 6.7%.

Declining cigarette sales volumes remain a key risk, while ethical concerns will put some investors off.

But Imperial actually grew revenues in the first half, thanks to price rises. It also has lots of space to expand its non-cigarette business, especially in the large North American market.

MONY Group

What will AI mean for online comparison sites?

That question has this year haunted investors in companies like Autotrader Group, Rightmove and MONY Group.

But AI could also bring opportunities, cutting costs while possibly opening up new revenue streams from AI referrals.

MONY Group shares are 18% cheaper today than five years ago – and yield 7.3%.

Despite the AI risk, the first half saw both revenues and post-tax profits edge up year-on-year for the operator of digital platforms MoneySuperMarket and MoneySavingExpert.

If only, like Autotrader and Rightmove, the daftly named MONY Group could start using its space bar more…

M&G

Asset manager M&G aims to grow or maintain its dividend per share annually.

That said, this year’s interim dividend inched up by just 0.1p to 6.8p — and maintaining enough coverage for substantial growth could be difficult.

Still, the current yield of 6.6% is already rich.

M&G has a strong brand and large customer base spread across multiple markets.

But febrile stock markets are a risk as they could lead some investors to withdraw funds, potentially hurting revenues.

Greencoat UK Wind

Policy uncertainty has already led investment trust Greencoat UK Wind to warn this year about a possible reduction in net asset value.

Despite that, the share price is up 14% so far in 2026.

The yield is 9.3% and the trust has a strong recent track record of annual dividend growth.

Unclear energy policy and the possible impact on both costs and selling prices is a clear risk. But I think it is already factored into what I see as an attractive share price.

What income stock do we like better than ME Group International right now?

One of our Share Advisor analysts has just released a brand new stock report that we think is a must-read for any investor looking to try and generate potential income.

And the best bit is that you can see if for yourself, right now, absolutely free of charge!

No jargon. No hard sell. Just a clear look at an income share we think is worth your time.

 Click here for your free copy


Christopher Ruane does not hold any positions in the companies mentioned.

The post Want to earn passive income from an ISA? 5 FTSE shares yielding 6.6%+ to consider this October appeared first on The Twelfth Magpie.

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