Amid dividend cuts, here’s a FTSE 100 share I’d buy 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. Image source: Getty Images. tezcang has no position in any of the shares mentioned. The Motley Fool UK owns shares of Melrose. The Motley Fool UK has recommended Barclays, British Land Co, Carnival, HSBC Holdings, InterContinental Hotels Group, ITV, Lloyds Banking Group, Meggitt, Rightmove, and Standard Chartered. 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’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. 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 Cash may help many FTSE 100 companies get through the current volatile times better. As businesses look for ways to conserve cash, a large number of companies are announcing dividend cuts. Today I’d like to discuss a stock that may now be appropriate for passive income seekers.Are dividend cuts the new normal?For many industries, such as aviation and travel, the current uncertainty may be one of the worst crises they have faced. It has meant difficult decisions regarding their operations, as well as their 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…Recent days have seen dividend cuts announced by a plethora of FTSE 100 companies, including:Barclays – multinational investment bankBarratt Developments – housebuilderBritish Land – real estate investment trust (REIT)Bunzl – distribution and services companyCarnival – cruise operatorCentrica – British Gas owner Glencore – British-Swiss minerHSBC Holdings – global bankInternational Consolidated Airlines Group – parent group of several airlines including British Airways InterContinental Hotels – multinational hospitality company ITV – broadcaster and content producer Lloyds Bank – UK banking giantMeggitt – engineering firmMelrose Industries – engineering group Rentokil Initial – pest control groupRightmove – real estate website Royal Bank of Scotland Group – UK banking groupSmiths Group – engineering companyStandard Chartered – multinational financial services groupPersimmon – housebuilderTaylor Wimpey – housebuilderWhitbread – owner of Premier Inn WPP – advertising giant What can income-seeking investors do amid a growing number of dividend cuts? Well, they may now want to look for companies that don’t necessarily have to trim dividends. Safety in utilitiesAs you research companies that are likely to keep paying dividends in the coming months, it will be important see if a company’s earnings can support the payout. When companies pay more than they earn, then dividend cuts may be in the cards.One company I’d consider including in my portfolio now is FTSE 100 member Severn Trent (LSE: SVT). The utility company serves almost 8m people. Its management believes the group offers “a valuable combination of reliable earnings, long-term asset growth and an inflation-linked dividend”.SVT is one of the nine stocks recently identified as key picks in uncertain times by analysts at Morgan Stanley. This is because no matter how the economy fares in the near future, we’ll all need to continue using water and other utilities in our daily lives.On 31 March, the group issued a trading update. In it, management said it expects “no material change to current year business performance. We continue to expect the Group will deliver full-year trading performance in-line with previous guidance”. These words are likely to bring relief to its shareholders who may be nervous that the company could be axing dividends.Year-to-date, SVT stock is down about 14% and its price is hovering around 2,150p. Its recent decline has pushed the dividend yield to about 4.4% and the shares are expected to go ex-dividend next in June.Foolish takeawayCancelling dividends is a sacrilegious act for many investors, but this is uncharted water for the global economy. In the coming weeks, other FTSE 100 and FTSE 250 companies are likely to release trading updates that may include dividend cuts.Income-oriented investors may now be looking for safe harbour. The good news is that there are companies out there that are unlikely to cut their dividends. Look for companies that can fund their payments from operating cash flows. See all posts by Tezcan Gecgil, PhD Tezcan Gecgil, PhD | Tuesday, 7th April, 2020 | More on: SVT Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address 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.
iStock(HENDERSON COUNTY, Ky.) — A major storm moving through the central U.S. brought at least 17 reported tornadoes to parts of the central U.S., eight in Iowa, three in Arkansas, one in Missouri, four in Illinois and one in Wisconsin.In Jonesboro, Arkansas, a violent tornado did damage in the town with six reported injuries. In total there have been at least 190 reports of severe weather in the last 24 hours from the Midwest to the South to the Ohio Valley. The same powerful storm system was responsible for a 90 mph wind gust in Henderson County, Kentucky.The storm also brought very heavy rain with widespread rainfall totals of 1 to just over 2 inches of rain from Iowa to Pennsylvania.Flash flooding was reported on roadways and surrounded parked cars in parts of the Cleveland metro area overnight. The system also is responsible for bringing snow from Colorado to Minnesota with 10 inches of new snow reported in western Nebraska.As we head into the last days of March and begin April, we see the severe weather begin to ramp up dramatically. The U.S. averages around 80 tornadoes during March with the greatest chances across the southern Gulf Coast.April averages 155 tornadoes through the U.S. with multiple hotspots including the southern Gulf, the central and southern Plains and parts of the Midwest. May, ultimately, is the peak time for severe weather in the U.S. with an average of 276 tornadoes.This morning, radar is showing heavy snow still falling in parts of Minnesota and then two distinct areas of rain and thunderstorms. One area stretches across the Great Lakes into the western Appalachians where locally heavy rain could cause more flash flooding this morning.The other area is a more pronounced squall line that is moving through the Tennessee Valley and parts of the Gulf Coast. There is still a tornado watch for parts of Tennessee and Alabama but the watch will expire shortly as the tornado threat is winding down.Behind the cold front, winds will be gusting up to 45 mph in spots and therefore wind advisories have been issued from northeast Kansas to Ohio for today.This storm will slide eastward today and we could see some strong thunderstorms moving into the western Appalachians and parts of the Great Lakes.The squall line in the south will fizzle out during the day and there is a possibility some more storms will fire up in parts of the mid-Atlantic and Pennsylvania, but the threat will be only marginal. Any storms that do develop today could have some gusty winds and hail.Unfortunately, a couple of disturbances will move in from the south and west by tomorrow and another quick moving storm system will bring the next severe threat to the south by Monday afternoon and evening. Heavy rain is expected from Kansas to the Gulf Coast with some strong to severe storms expected in parts of Louisiana and Mississippi. Storms tomorrow could have damaging winds, large hail, and brief tornadoes.Locally, 1 to 2 inches of heavy rain could cause some flash flooding in parts of Arkansas as this storm moves through the region.By Tuesday, the threat will slide eastward bringing some heavy rain across parts of the southeast. The severe risk region will be from southern Alabama to southeast Georgia and parts of the Florida panhandle. Once again the threat will be damaging winds, large hail and brief tornadoes. Copyright © 2020, ABC Audio. All rights reserved.