5 actions that produce more than 5% to consider for a SIPP

Investing in a personal pension (or SIPP) is perfect for an investor with a long -term investment approach, such as me.

Along the way, as dividends accumulate, they can be maintained within the SIPP and are used to finance the purchase of more actions without adding additional capital. That simple but powerful investment approach is known as compounds.

A SIPP investor could have the best of both worlds, adding new funds at the same time as aggravating the dividends of current holdings to buy more shares.

Here are five dividend shares of the United Kingdom for SIPP investors focused on income to consider. Each produces at least 5.2%.

ITVV

Announcer ITVV (LSE: ITV) has a policy of paying at least 5p per share as dividend annually. In his results this month, he delivered once again about that and also mentioned that he hopes to grow the medium term dividend.

Since the price of ITV shares is in cents, that means that the Ftse 250 The station now produces 6.5%.

Even so, the price of the action has been disappointed and is now 9% lower than five years ago.

I think that reflects the concern of ongoing investors about commercial perspectives. Traditional transmission remains significant but is in decline. ITV has expanded its digital offer considerably, but that costs money and the market is much more fragmented, which makes it more difficult to build economies of scale.

But I think that your intellectual property, the viewer's base and the study rental business are competitive advantages.

Aviva

Insurance can be boring, but it can be lucrative. Insurer Aviva He cut his dividend by action in 2020, but since then he has been easily raising.

Last year there was an increase of 7% in the dividend per action and Aviva now produces 6.6%. Its strong brands combined with a large customer base (more than 17 million only in the United Kingdom) are real strengths in my opinion.

A proposed combination with Direct line It could accelerate growth and add economies of scale. But also runs the risk of distracting the main business management.

WPP

Another company that has reduced its dividend in recent years is the advertising network WPP. But its performance is still in a juicy 6.2%.

Can it last?

The city seems nervous about the risks presented by ai for many of the job purchase and advertisement work that WPP currently does. The action has already fallen 24% In 2025.

But I think that your proven business model, customer relations and the large network of agencies are strengths. ai could help reduce costs, so it can be an opportunity, not just a threat.

J Sainsbury

Retailer J Sainsbury You need little introduction. Its yield of 5.2% makes it an action that I believe that income investors should consider.

Both in the supermarket business and through its Argos operation, the Ftse 100 The company has done a good job by integrating digital and offline purchases.

But a weak economy could exert more pressure on profit margins, since rivals reduce prices to attract buyers.

BP

5.8%-Sielding BP He has been doing what looks like a U -turn, abandoning much of his renewable energy approach to put more emphasis on oil and gas.

I see that as good for profitability. But it increases the risk for both sales and profits if the price of oil is blocked, as it tends to do from time to time.