Calling all income investors! Here’s where I’m looking for FTSE 100 dividends

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Andy Ross Image source: Getty Images. Calling all income investors! Here’s where I’m looking for FTSE 100 dividends Andy Ross owns shares in Reckitt Benckiser, HSBC and National Grid. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline and Unilever. The Motley Fool UK has recommended HSBC Holdings. 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. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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.center_img “This Stock Could Be Like Buying Amazon in 1997” 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. Enter Your Email Address With banks having cut their dividends along with many other industries, such as housebuilders, some of the traditional sources of dividends for income investors have dried up. According to AJ Bell, the total amount that’s been lost is £24bn.Industries for income investorsBut some industries are holding up better than others. The fast moving consumer goods (FCMG) sector is a good place to look for steady dividend growth and quality companies. Investments trusts are another source of dividends with their ability to retain earnings from previous years. For high dividend yields and share with defensive qualities, the utilities sector is also fertile ground for income investors.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…The Association of Investment Companies (AIC) has a list of ‘dividend heroes’ – those that have increased their dividends continuously for 20 years or more.Leading FMCG companiesI’ll turn my attention now to what I think are some of the leading companies in these industries for investors looking for income.Within FMCG, Unilever (LSE: ULVR) and Reckitt Benckiser (LSE: RB) are among the biggest UK players. Both typically have higher than average P/E ratios, a sign of their quality and investors being prepared to pay a premium to buy the shares. The P/E ratios now are 19 and 20 respectively.The companies are investor stalwarts in times like these when demand for their products holds up well. Customers still need to eat and keep their homes clean. Illustrating this point, sales at Reckitt Benckiser rose 12.3% in the first three months of 2020. Reckitt said growth was led by strong demand for many of its hygiene and health products, in particular Dettol, Lysol, Mucinex and Nurofen.Investment trusts for income investorsWhen it comes to investment trusts with dividend yields above the average of companies in the FTSE 250, there’s a myriad of options.  If we turn back to the AIC’s list of dividend heroes, we find top of the pile is the City of London Investment Trust (LSE: CTY). It has 50 consecutive years of dividend growth. It still manages to yield 5.5%, which is ideal for income investors. Top holdings in the trust include any of the UK’s most well-known corporations from Royal Dutch Shell to HSBC and British American Tobacco. Also in the top 10 companies are Unilever, GlaxoSmithKline and National Grid.Other options for income investors wanting to invest in trusts are Murray Income, Temple Bar and Invesco Income Growth. All three of these also happen to trade at a discount to their net asset value.The last word is on utilities. In the sector, there are a number of higher-yielding companies with slow and steady earnings growth. These aren’t exciting companies, but in a volatile market they tend to hold their value better and keep providing dividends. That’s one of the upsides from having regulated earnings. From the FTSE 100, investors have several companies to choose from. My preference is for National Grid which has a significant presence in the US as well as the UK.  Andy Ross | Wednesday, 13th May, 2020 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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