2 FTSE 100 dividend stocks I’d buy right now

first_img Image source: Getty Images Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! 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. Rupert Hargreaves 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. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… Rupert Hargreaves | Monday, 16th November, 2020 | More on: EVR RIO Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this.center_img I’m currently combing the market for blue-chip income stocks. The Bank of England’s decision to slash interest rates to record lows earlier this year has caused havoc for savers across the country. However, many FTSE 100 shares offer dividend yields of 4%, or more. Compared to the interest rates offered on most savings accounts at the moment, these yields seem incredibly appealing.With that in mind, here are two FTSE 100 dividend stocks I have my eye on right now.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…FTSE 100 dividend stocksRio Tinto (LSE: RIO) is the world’s largest iron ore producer. Over the past few years, the company has generated vast amounts of cash from its operations. This money has been used to reduce debt, and some of it has been returned to investors. I reckon this trend is highly likely to continue. Rio has the lowest production costs in the industry, thanks to its economies of scale. This year, the price of iron ore has surged as countries such as China start spending to rekindle economic growth following the pandemic.All of the figures point to the conclusion that a high iron ore price will only be good news for Rio’s bottom line. Considering the firm’s track record of returning additional cash to investors with dividends, I reckon this means shareholders will see increased returns from this FTSE 100 dividend stock in the years ahead. The stock currently supports a dividend yield of 6.9%, according to the City. Rising profits As the world tries to rebuild from the pandemic, I reckon the demand for basic construction materials, such as concrete, steel and aggregates, will rise rapidly. That’s why I think steel producer Evraz (LSE: EVR) could also prove to be an attractive income investment for the next few years. City analysts appear to agree. After reporting a profit of $326m for 2019, analysts have pencilled in a net income figure of $812 for 2020. The City is projecting further growth in 2021. Analysts expect the firm to report a net income of $957m for the period. Based on these projections, the FTSE 100 dividend stock looks cheap. For example, it’s selling at a forward price-to-earnings (P/E) of 7.2. Then there’s the stock’s dividend yield. Based on profit targets for the years ahead, the City’s projections suggest the stock provides investors with a yield of 7.2% for the current financial year. I reckon there’s a good chance the group will hit this target. For the past three years, Evraz has consistently beaten dividend expectations. Assuming the firm can produce the profits expected for the year, I see no reason why it will miss the City’s targets for the next few years. Therefore, I’m excited about the outlook for this FTSE 100 dividend stock. With its track record of returning cash to investors, as well as projected profit growth, I think the shares could yield large total returns for investors in the years ahead. 2 FTSE 100 dividend stocks I’d buy right now 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. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Enter Your Email Address See all posts by Rupert Hargreaveslast_img read more