These FTSE 100 stocks’ high dividend yields look safe to me in this market crash

first_img 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. Manika Premsingh | Monday, 16th March, 2020 These FTSE 100 stocks’ high dividend yields look safe to me in this market crash Covid-19 was declared a pandemic by the World Health Organization (WHO) last week and stock markets crashed following that move. Policy responses such as quantitative easing and increased government spending should hold the FTSE together in the days ahead. But the fact is, no one’s certain how long this situation will last. What’s certain is that some sectors will be harder hit than others in the coming days. I’d bear this in mind when I invest for dividend yields. Badly hit by the stock market crashThis is a good time for income investing with dividend yields at very attractive levels. Of FTSE 100 stocks, 16 offer over 10% yields at present. At least some of these, however are avoidable for now. Consider, for example, FTSE 100 travel stocks TUI and Carnival, both of which have been hit hard by restrictions on people’s movement. Both offer high yields, of 12.5% and 12.3% respectively. But I don’t know now if they will be able to sustain dividends in the long term. I’d much rather wait a little longer and see how things play out for this segment. 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…Good dividend yields and good prospectsStocks like the multi-commodity miner Glencore and the insurance biggie Aviva look like good bets however. I flagged both of them as potential buys last week, and their yields look even better now at 12.5% and 11.3% respectively.  I also like the FTSE 100 miner Rio Tinto, which has a dividend yield of 10.2% now. Its share price has fallen by 24.3% since the start of 2020 (which also explains the high yield), but that’s still less than the fall in the FTSE 100 index of 29.4%. This says something about investor faith in the stock. The contrarian bets For investors who don’t mind an occasional contrarian buy, there are at least three FTSE 100 stocks that offer rich rewards. Two of these are the big FTSE 100 oil companies Royal Dutch Shell and BP, which offer dividend yields of 13.6% and 11.9% respectively at current prices.  These have been hit by a double whammy of the coronavirus-driven stock market meltdown and the sharp fall in oil prices. At the time of writing this, the Brent crude price was likely to end the week with a 24% fall to $33.40, according to CNBC, making it the worst fall since December 2008. With the global economy looking uncertain again, oil prices may well remain weak for the foreseeable future. Both poor demand and prices are bad news for oil producers.  I’ve been slightly doubtful about both RDSB and BP given their poor recent financial results. But the fact is that both are also dependable income stocks. Even if they were to cut dividends, their yields could still keep the income investor quite happy. Over the longer term, of course, the future of big oil has a big question mark around it. For now, however, they’re still stocks to watch. The FTSE 100 real estate developer Persimmon, which has an almost 11% yield is also one I’d consider. It’s a unique buy that offers both capital growth and a high dividend. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares 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. Enter Your Email Addresscenter_img See all posts by Manika Premsingh Image source: Getty Images. Manika Premsingh owns shares of BP and Glencore. The Motley Fool UK has recommended Carnival. 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. “This Stock Could Be Like Buying Amazon in 1997” 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.last_img read more