1 FTSE 100 stock I’d buy today to earn steady dividends

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Manika Premsingh | Saturday, 14th November, 2020 | More on: SVT There couldn’t have been a worse year for income investors than 2020. Many FTSE 100 companies’ dividends were either cut or suspended as lockdowns took a toll on business activity. If you’ve been looking for high and stable dividend payments, I feel your pain. But there is good news. Some FTSE 100 companies have re-started dividend payments and others have even increased the dividend amounts.As tempted as I was to write about them earlier, it just seemed too soon to get bullish. We were still in the midst of a pandemic, the economy was looking horrible and business had just tentatively picked up. However, now with hopes of a vaccine, robust economic growth in the UK and improving performance in some pockets of the economy; I think it’s a good time to reconsider FTSE 100 stocks that can earn big dividends. 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…FTSE 100 stock with stable dividendsOne stock I like is the FTSE 100 water supply and sewerage services provider, Severn Trent (LSE: SVT). Its dividend yield is just below 4%. This isn’t anywhere near the biggest dividend payouts. But it’s not among the lowest either. Moreover, it also appears to be quite safe. The service SVT provides is so key, its demand isn’t about to fall off a cliff. That’s more than I can say for many other FTSE 100 companies, some of which I hold in my own portfolio. The one note of caution on SVT is about its performance this year. We don’t have an update on SVT’s performance since its July update, where it flagged a hit to revenues and potentially higher bad debts. We will know more when it updates information later this month. Even in these challenging times, however, I’m optimistic that SVT will continue to pay dividends given its past history of paying them and the renewed optimism for 2021.I also like SVT because it’s not just a dividend stock. On average, in 2020 its share price has risen 18% from 2019. In fact, even from the last time I wrote about it in May this year, its share price is up almost 5%. This can be a much bigger gain than buying a high-dividend yield share, when the share price is falling. I do realise that in the year of the bear, it was to be expected. Investors were going to buy shares in safe companies, and SVT is one of them. But, I’m encouraged by the fact that its share price has already bounced back after seeing a short spell of decline recently.  Another option to considerIn the same vein, I like another utility stock, National Grid, too. It actually has a higher dividend yield of around 5.2% today. But, the reason I wrote about SVT and not NG is that there’s been too much negative news flow about it in recent months. This includes an expected earnings decline, potential issues with power supply, and even the possibility that it may be absolved of its role as the electricity system operator. I’m sticking with SVT as a good dividend stock for now.  I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. Manika Premsingh has no position in any of the shares mentioned. 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. 1 FTSE 100 stock I’d buy today to earn steady dividendscenter_img See all posts by Manika Premsingh 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. Simply click below to discover how you can take advantage of this. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares 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. 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