If you’re looking to generate £100 in passive income weekly, dividend shares can be a great option. Here are some dividend shares that I would consider buying now to help you reach that goal.
One option to consider is Unilever. This consumer goods giant has a long track record of paying dividends and has a strong balance sheet. Another option is British American Tobacco, which also has a solid history of dividend payments. Both of these companies have reliable cash flows, which can help support their dividend payments.
Another option to consider is National Grid. This utility company has a stable business model and a consistent track record of dividend payments. With a focus on infrastructure, National Grid could be a good choice for investors looking for steady income.
Overall, investing in dividend shares can be a great way to generate passive income. By choosing companies with strong balance sheets and reliable cash flows, you can aim to reach your goal of £100 in weekly passive income.