I’m seeking to populate this 12 months’s Shares and Shares ISA with UK shares that provide long-term dividend and share price development potential. I favour established FTSE 100 blue-chips that I hope to carry for years.

To this finish I goal firms with stable stability sheets, established manufacturers, loyal prospects, and a observe report of accelerating shareholder payouts. If their shares have dipped these days, even higher, because it means I should purchase them at a reduced price.

Trying to find FTSE 100 bargains

I’ve taken benefit of the large drop within the Diageo (LSE: DGE) share price. The spirits big issued a shock revenue warning in November after an enormous gross sales drop in Latin America and the Caribbean. I snapped them up at an enormous low cost two weeks later. Sadly, they’ve continued to slip. I’m down round 8%. 

I in all probability jumped too quickly however I’m comfortable to take a seat again and provides Diageo time to get better. That’s the benefit of investing with such a prolonged timescale.

The share price is down 23.3% over 12 months and I settle for that Latin American gross sales received’t rebound in a single day. One other concern is that Diageo’s web debt has crept up from $17.8bn to $20bn.

Nevertheless, I feel the sell-off has been overdone. First-half web gross sales fell solely 0.6% to $11bn on an natural foundation, whereas free money circulate jumped from $964m to $1.5bn. Administration hiked the interim dividend 5% and accomplished a £500m share buyback. I feel Diageo shall be again. I could even benefit from present weak point to purchase extra.

That’s the kind of inventory I’m in search of right now. A superb firm that’s had a little bit of a hiccup.

FTSE 100 software program specialist Sage Group has additionally loved a robust run solely to slide these days. The Sage share price is down 13.76% over the past month, though it’s nonetheless up 18.1% over the 12 months.

First-half pre-tax revenue jumped from £139m to £203m however administration downgraded second-half steering. The Market wasn’t comfortable however that fits me. I’ve been ready for my alternative for ages, and I reckon that is it.

Dividends and development

I’d like to extend my place in Authorized & Normal Group, whose shares dropped 9.38% over the past month as rate of interest lower hopes had been pushed again once more. The price is down 5.09% over one 12 months however provides an unmissable 9.1% yield. Think about that rolling up over time – with share price development on prime.

I’ve had my eye on pest management specialist Rentokil Preliminary for months too, so was a bit miffed when it jumped 13.3% on Wednesday, as information broke that activist investor Nelson Peltz had taken a major stake. It’s nonetheless down 28.1% over 12 months, so nonetheless seems tempting to me.

Like many commodity shares, Rio Tinto has been hit by the struggling China financial system. It’s down 4.73% over one 12 months.

Rio seems nice worth buying and selling at 9.21 occasions earnings and yielding 6.59%. I’ll pop this in my Shares and Shares ISA, too, when I’ve the money. Then I’d put my ft up.