Investing in UK shares can be a good way to generate passive income, especially from top dividend growth stocks in the FTSE 100 and FTSE 250 indexes. These companies have strong business models and stable earnings, making them reliable sources of dividends over time.
One top pick for a Self-Invested Personal Pension (SIPP) is Assura (LSE:AGR), a real estate investment trust (REIT) with a history of dividend growth. Assura owns and leases medical centers across the UK, including GP surgeries and healthcare facilities, which are in high demand regardless of economic conditions.
With a track record of increasing dividends and a dividend yield expected to reach 8.7%, Assura offers a potentially lucrative investment opportunity for those looking to boost their passive income. While there are risks associated with changes in NHS policy, the company’s strong position in the healthcare sector makes it a compelling choice for long-term investors seeking reliable dividend income.