first_img There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Rupert Hargreaves | Sunday, 10th January, 2021 Simply click below to discover how you can take advantage of this. 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. Image source: Getty Image Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today…center_img Rupert Hargreaves owns shares in British American Tobacco. The Motley Fool UK has no position in any of the shares mentioned. 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. These FTSE 100 shares yield 6%! I’d buy them today Our 6 ‘Best Buys Now’ Shares Enter Your Email Address See all posts by Rupert Hargreaves More often than not, if a FTSE 100 stock supports a dividend yield that’s significantly above the wider market average, it’s a strong sign that the market believes the payout is not sustainable. However, this is not always the case. These companies with high single-digit dividend yields can be desirable long-term investments. 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…Here are a couple of FTSE 100 stocks currently support yields of 6% or more that I believe fall into this bracket. FTSE 100 income stocksShares in life insurance company Phoenix Group currently offer a dividend yield of 6.7%. This payout is funded with income from the group’s life insurance and pension asset portfolios. The business generates profit by acquiring books of these policies at discounted prices. It can then use its economies of scale to push down costs and free up cash to return to investors.This business model’s stability and predictability suggest to me that Phoenix’s dividend is incredibly safe despite its high level. There’s also scope for further growth in the years ahead as the company continues to consolidate the pension and life insurance market. Shares in steel producer Evraz also offer a dividend yield of nearly 7%. This investment isn’t for the faint-hearted, however.The steel industry is highly cyclical, which means Evraz’s profits can be unpredictable. That said, the company has an impressive track record of returning as much cash as possible to investors when times are good.That’s why I believe this business could be an attractive income investment at current levels. Steel prices worldwide are surging, which implies Evraz may see rising profits in the months and years ahead. Shareholders could see increased dividends as the company reaps the benefits. Talking of the steel price, one of the reasons why the cost of this essential commodity is rising is the rising price of iron ore, which is currently sitting at record levels. This is great news for FTSE 100 mining group Rio Tinto. The world’s largest iron ore producer, Rio has some of the lowest production costs in the world. That suggests to me that the business is currently generating substantial profits. Rising profits will support the company’s dividend yield, which currently sits at 6%. Dividend growthFinally, I think it could be worth taking a closer look at British American Tobacco. Shares in this cigarette producer currently support a dividend yield of 8%.Ethical considerations aside, as an income investment, I believe this FTSE 100 corporation is incredibly attractive. It has a strong track record of above-inflation dividend increases and is incredibly cash generative. Moreover, profit margins are some of the best on the market, and margins have gradually improved as the company has steadily increased prices. Despite all of these attractive qualities, British American shares are currently trading at a forward price-to-earnings (P/E) multiple of just eight. I think that’s too cheap, especially considering its market-beating dividend yield and strong growth track record. last_img

Leave a Reply

Your email address will not be published. Required fields are marked *