Forget Cash ISAs and the Lloyds Bank share price! I’d invest in this high dividend FTSE 100 stock

first_imgForget Cash ISAs and the Lloyds Bank share price! I’d invest in this high dividend FTSE 100 stock  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. See all posts by Manika Premsingh Image source: Getty Images. 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. 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. Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. 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.center_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh | Wednesday, 15th January, 2020 | More on: LLOY RDSB Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Weak economic conditions are often followed by lower interest rates. And current conditions certainly are weak. According to the latest data, the UK economy shrank by 0.3% in November, and barely grew in the three months prior. Interest rates are already low, but they could edge even lower if the economy doesn’t pick up quickly now that the Brexit limbo has been broken. As some of my Foolish colleagues have pointed out, this is the time to steer clear of popular investments like Cash ISAs. The available interest rates are way too low and not likely to rise much any time soon. 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…Lloyds has taken too many hits It’s also a bad time for banking stocks, like the hugely popular Lloyds Bank (LSE:LLOY), because the financials sector is closely linked to economic activity. Economic weakness, coupled with the hit from PPI claims on Lloyds’ profits in the past quarters, has taken its toll on the bank’s share price. It’s no wonder that the LLOY share price at last close was 58.7p, very nearly the lowest levels seen in a year. Even before these developments, the bank’s share price had been following a flat trend in recent years. There have been several opportunities to invest in Lloyds at a relatively low price, hold the shares for a few years, and then sell when the price was relatively high. But that calls for active investing, which isn’t everyone’s cup of tea. Lloyds’ dividend yield of 5.5% isn’t bad, but it’s not the most competitive either. I’ve been bullish on the bank in the past and continue to believe that its share price will rise as the economy improves. But I reckon its current circumstances mean there will be more opportunities through 2020 to buy at relatively low prices. Royal Dutch Shell is one for the income investor  Instead of Lloyds Bank, I suggest another FTSE 100 stock, one that I have liked for some time now. Oil giant Royal Dutch Shell (LSE:RDSB), along with other companies in the segment, comes sharply into focus whenever there’s an increase in tensions in the Middle East. The RDSB share price has subsided quite a bit from the start of the month, when recent concerns escalated. This isn’t the first time that the Shell share price has seen sharp movements. But, over time, these sharp ups and downs smooth out into a flat trend line, much like in the case of Lloyds Bank.  But if I’m looking to generate passive income, then this is an ideal situation for the share price, with its dividend yield of 6.3%, because it ensures my yield as I add more of RDSB to my portfolio each year. The fact that it’s a huge, growing and profit-making company adds more stability to this investment. Of course, big oil has competitors that are increasingly making their presence felt, but I don’t think they will be a meaningful threat for the foreseeable future. I think RDSB is a good bet.   Enter Your Email Addresslast_img read more