Is this the best FTSE 100 dividend share to buy in this stock market crash?

first_img Enter Your Email Address Royston Wild | Thursday, 19th March, 2020 | More on: NG 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. See all posts by Royston Wildcenter_img 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. Our 6 ‘Best Buys Now’ Shares Is this the best FTSE 100 dividend share to buy in this stock market crash? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. The financial market panic of the past month has seen plenty of blue-chip safe havens tumble along with more vulnerable cyclicals. National Grid’s (LSE: NG) another lifeboat whose rapid descent over the past month comes as a huge surprise. Its share price is down 11% since the Covid-19 crisis exploded in the latter part of February.So why is its decline a shock? Earnings here remain broadly resilient, whatever happens to the domestic or global economy. Electricity is needed to keep the lights on, the kettle boiling, and the television switched on, whatever the weather.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…Normally, you’d expect this to encourage waves of flight-to-safety investment flows into National Grid, especially at a time when the number of profit warnings across equity markets continues to grow.This isn’t the only reason, however. Bank of England interest rate cuts last week also bodes well for utilities giants like these. Owing to their vast capital expenditure budgets, the likes of National Grid pack their balance sheets with oodles of debt which, of course, costs a lot to service. A falling benchmark rate brings down the colossal costs of carrying such large amounts of debt.Rates are fallingLatest action by Threadneedle Street to drag rates down to record levels of 0.25% isn’t likely to be the end of the matter either. As the steady spread of the coronavirus hollows out the UK economy it’s possible a reduction all the way to zero could be just around the corner.City analysts don’t believe National Grid’s record of long-term profits growth will be derailed because of the pandemic. They forecast a 32% bottom-line rise in the fiscal year to March, and a 4% increase in financial 2021 too.This supreme earnings visibility also gives the power grid operator the confidence to keep growing dividends. Those falling interest rates give it extra balance sheet flexibility to shell out more chunky increases as well.5%-plus dividend yieldsThe number crunchers expect last year’s 46.52p per share total reward to rise to 48.7p in the current period. An improved 50.1p payout is anticipated for fiscal 2021 too. As a consequence, National Grid boasts bulky yields of 5.1% and 5.3% for this year and next respectively.Dividends are likely to topple like dominoes across UK equity markets in 2020 (and possibly 2021, depending on the success of measures to tackle the coronavirus this year). This is clearly something that National Grid shareholders needn’t worry too much about though.Adding to its appeal, the network operator currently carries a price-to-earnings (P/E) ratio of 15.6 times. This sits fractionally above the FTSE 100 broader average. It also soars above the blue-chip index’s current mean reading following the sell-off of recent weeks.I reckon National Grid’s worth every inch of this premium rating though. It’s one of the safest lifeboats out there for troubled social, political and economic times like these. And what’s more, those bulky dividend yields help to take the edge off. This is one of the best safe-haven stocks out there today.last_img

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