Investors on the hunt for a second income need to look no further than UK stocks. They currently sport some very high dividend yields, making them an excellent choice.

Right now, the FTSE 100 has a yield of 3%, while the FTSE 250 has one of 3.3%. So, let’s look at some of the individual stocks in these indexes to see which ones might be good options for an additional income.

UK stocks with high yields

I’ve created a list of 10 UK stocks with high yields across the FTSE 100 and FTSE 250 that I think are worth considering further:

• Legal & General Group: 7.7%
• Aviva: 6.2%
• British Land (LSE:BLND): 5.5%
• NatWest Group: 5.2%
• ITV: 6.2%
• Greggs: 4.2%
• BP: 4.8%
• Sainsbury’s: 4.4%
• British American Tobacco: 5.3%
• Domino’s Pizza Group: 6%

Now, I’m not a fan of all of the above companies. For example, I think British American Tobacco faces many difficulties ahead, as the number of smokers is declining. And Greggs is facing growth problems.

However, they all provide great passive income.

In particular, NatWest Group and British Land both have price-to-earnings ratios below 10. This, combined with high yields, makes their shares look pretty enticing to me.

Let’s look further into the opportunity with British Land shares.

Second income opportunity

Currently, if we look at British Land’s final dividend to be paid in July, and the interim dividend it paid in January, it pays out a combined annual amount of 23.12p per share.

Now, if an investor wants to make an additional £150 a month, they would need to buy 7,786 of the company’s shares. Based on its current share price of 414.2p, that would cost a total of £32,249.61.

I appreciate that not everyone has that much spare cash to invest. Furthermore, dividends aren’t guaranteed. But I’m sure readers will agree that this isn’t a bad way to make some spare money.

What’s even better is that the firm has a decent set of fundamentals that could help it grow its dividend over time.

The business is doing well!

There are some notable risks to British Land, most notably AI. The firm owns and leases office spaces and urban logistics, and the former’s demand could be threatened if AI replaces many office jobs.

While we haven’t seen this have a massive effect yet, we’re only at the start of the AI revolution, so anything could happen to office jobs as this progresses.

That said, there are also plenty of catalysts going the business’s way right now. This could change over time, but as ironic as it sounds, right now, AI firms are ramping up growth and are looking for office leases in London.

British Land owns 5% of the Central London office market and is seeing occupancy in the capital reach the highest level in 20 years.

This has helped drive the firm’s earnings up. It saw operating profit increase 5% to £294m in the year to March 2026. It’s also guiding for its earnings per share to rise from 28.9p in 2026 to 30.5p in 2027, and then grow 3%-6% per annum subsequently.

This should more than support and help to raise its dividend over time. I already have exposure to the sector, but I still think it’s worth investors considering its shares.

Should you invest £5,000 in British Land Plc right now?

When investing expert Mark Rogers and his team have a stock tip, it can pay to listen. After all, the flagship Twelfth Magpie Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.

And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if British Land Plc made the list?

Muhammad Cheema does not hold any positions in the companies mentioned.