. FTSE 100 It is full of inventory that can give investors a brilliant stream of second income without work.

This is the magic of dividends. Without sweat, no change, without a tough transplant – just choose wrestling and shares the ISA platform, select wrestling and let the company tough to lift.

I like to leave my income in peace perfectly. I don’t check their share prices every day. Complex income and growth may work miracles, but they need time.

Estate manager M & G (LSE: MNG) is one of my favorite passive income resources. It offers huge dividend performance in 9.5%. This is more than twice as much of today’s Best Buy cash savings rates.

The difference is that my capital is on the line and this is something that investors must feel comfortable.

Cash affects

Like almost any other supply, M&G was affected by recent seizures around Donald Trump’s trading tariffs.

With 346 billion pounds of managed assets, such market shocks are never welcome. They can also discourage up-to-date customers from investing, widening future inflows.

As for the ease of tension, M&G shares are warm, which is an enhance of 15% per month. They have now regained from a recent inheritance. Within 12 months, the profit is more modest 6%, and this juicy dividend at the top.

Ignore the noise and the company is still subject to. On March 19, M&G published a loss before taxing of 347 million GBP, but it was mainly corrections of fair value.

The corrected operational profit, on which most investors focus on, increased by 5% to 837 million GBP. This overcome expectations and was powered by a 19% jump in asset management profits.

Hope of sluggish growth

Generating operating capital has brought 933 million pounds, which is essential because it helps dividend. The total payment has been increased, but only by 2% to 20.1 pens. My next dividend should land on my shopping account this Friday (May 9). Always a content day and of course I will automatically reinvest him to buy more M&G shares.

Of course there is a risk. M&G has not crashed it since the demolition Prudential In October 2019, as an lively fund manager, he stands in the face of the ongoing fight against affordable and passive stock funds (ETFS).

The group returns to pressure on the mass pension market, but this is a relatively miniature player. Fresh ride saving costs is also underway, with a up-to-date target of 230 million GBP for 2025.

There is pressure to continue to provide, because profitability is the main reason why many investors are here. Each dividend reduction would be a blow to both income and share prices. Given the strength of M&G capital and cash generation, I hope that this will not happen.

I love these dividends

11 analysts serving the annual stock price forecasts created the target median of 232 pence. If it is correct, it is a modest enhance by slightly less than 10% from today. In combination with this performance, this would give a total refund of almost 20%if it was real. Of course, you can’t rely on forecasts.

Where the price lasts over one year, it is not here for me. I plan to stay much longer.

The price of M&G shares may burn today, but in the long run it is a more sluggish burner. What is okay for me.