A 6%-yielding cheap UK share I’d buy for my Stocks and Shares ISA

first_img See all posts by Royston Wild Royston Wild owns shares of Clipper Logistics and Tritax Big Box REIT. The Motley Fool UK has recommended Clipper Logistics and Tritax Big Box REIT. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares UK share markets have continued their relentless march higher this week. Both the FTSE 100 and FTSE 250 have enjoyed meaty double-digit rises since the beginning of November. It’s quite possible they could keep their heady ascent going too, as optimism over Covid-19 vaccines grow.Investing just on the basis of how UK share prices will behave in the short term is a dangerous business. But taking a long-term view and buying quality stocks today based on how they’ll perform over the space of a decade plus is a more likely successful approach.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Buying after the stock market rallyLoading up on UK shares based on this strategy is a great idea. History shows us that investors who buy stocks and hold them for at least a decade tend to make an amazing yearly return of at least 8%. And building a top-class shares portfolio in something like a Stocks and Shares ISA is a particularly good idea today.Firstly, there’s a wealth of information out there from experts like The Motley Fool to help you in your quest to get rich. And secondly, there’s a wealth of five-star UK shares trading far too cheaply following the early 2020 stock market crash. That’s even though many British stocks have leapt in value following those breakthroughs on the Covid-19 vaccine front.A 6%-yielding UK share I’d buy in an ISAIn recent months I’ve built my exposure to the e-commerce segment by buying UK shares. This was a good idea as the Covid-19 crisis has supercharged online shopping activity all over the globe.The two shares I bought to ride this trend were Tritax Big Box REIT and Clipper Logistics. Their warehousing and logistics facilities make them indispensable cogs in the e-commerce machine. My enthusiasm for these particular UK shares has been bolstered by Clipper’s most recent trading update of mid-November too. Then it said revenues surged 20% in the six months to October as e-fulfilment logistics turnover leapt by almost a third.There are other terrific UK shares like these to buy today. One I think is worth particular attention is Urban Logistics REIT (LSE: SHED). The business is expected to record a slight drop in annual earnings in this fiscal year (ending March 2021) by City analysts. But it’s expected to come roaring back with a 33% bottom-line rebound in financial 2022. And this leaves it trading on a rock-bottom forward price-to-earnings growth (PEG) ratio of 0.5.The prospect of electric earnings growth and low earnings multiples aren’t the only things to whet my appetite though. Its position as a real estate investment trust (or REIT) makes UK shares like this popular among dividend investors.And Urban Logistics doesn’t disappoint on this front. Its yields sit at a gigantic 4.6% and 6.2% for fiscal 2021 and 2022 respectively. I’d happily buy this top-quality stock for my ISA, but it’s not the only growth hero worthy of serious attention from ISA investors today. 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Royston Wild | Wednesday, 25th November, 2020 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Image source: Getty Images A 6%-yielding cheap UK share I’d buy for my Stocks and Shares ISAlast_img read more