These FTSE 100 stocks HAVEN’T cut dividends! Here’s why I think they’ll slash payouts soon

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first_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. 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. “This Stock Could Be Like Buying Amazon in 1997” Royston Wild owns shares of Barratt Developments and Taylor Wimpey. The Motley Fool UK has recommended Pearson. 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. 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. These are worrying times for income investors. The threat of an economic downturn that could dwarf the Great Recession is spooking even the biggest and most financially-secure companies. As a consequence, even FTSE 100 companies that haven’t already been badly damaged by the Covid-19 crisis are cutting dividends.A number of British blue chips have pledged to keep on paying dividends despite the tough economic outlook. But it’s likely that more FTSE 100 firms will be added to the list of dividend axers, suspenders, or reducers as 2020 progresses. What can investors expect the following Footsie plays to do in the weeks and months ahead?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…10% dividend yields!BP’s become a lightning rod for speculation over where the next FTSE 100 dividend cut will come from. A chorus is growing among City analysts that the oilie’s about to pull the trigger following the crude price crash. Cash flows and profits have dived while its colossal debt pile is swelling. It already has a monster $50bn-plus of net debt to service.In anticipation of a prolonged downturn in oil demand, BP this month announced plans to cut 10,000 roles from its global workforce. It’s the first in what will be many steps to save cash, one of which I’m sure will include slashing dividends. And sooner rather than later, too. This is why I care not for the company’s near-10% yield. It’s a matter of time before BP follows its FTSE 100 rival Shell in reducing shareholder payouts.Under pressure FTSE 100 stocksBP isn’t the only Footsie share that investors need to be careful with, however. Pearson has kept its previous dividend pledges but I think it’s only a matter of time before the educational materials supplier bites the bullet. Major structural issues, like falling student enrolments and the rise of free education tools, mean that revenues keep falling. Debt here, meanwhile, continues to climb too.Those fundamental problems in its markets would discourage me from buying Pearson and its 3%-plus dividend yield. I’d be much happier to buy shares in The Berkeley Group, a FTSE 100 housebuilder that should benefit in the coming years from London’s huge homes shortage. I wouldn’t buy it on account of its near-term dividend outlook, though.Current payout forecasts create a massive 6% dividend yield, but I reckon Berkeley could disappoint big time. Toughening economic conditions that could smack homebuyer demand in 2020 and 2021 are one thing. Lenders making the process unaffordable for many potential buyers by hiking deposit requirements threatens to hit sales of Berkeley’s products, too.FTSE 100 rivals Taylor Wimpey, Persimmon, and Barratt have all reined in their dividend plans following the Covid-19 crisis. And it’s a matter of time before Berkeley follows suit, in my opinion. Income investors need to be extremely careful in the current macroeconomic climate, clearly. But they don’t need to panic. There remains a multitude of great Footsie dividend shares to snap up today.center_img Royston Wild | Sunday, 21st June, 2020 See all posts by Royston Wild Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. 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. These FTSE 100 stocks HAVEN’T cut dividends! Here’s why I think they’ll slash payouts soonlast_img

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