first_img 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. Royston Wild | Thursday, 29th October, 2020 | More on: RDSB Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” I don’t care about Shell’s 5.8% dividend yields! I’d rather buy other UK shares in my ISA Simply click below to discover how you can take advantage of this. See all posts by Royston Wildcenter_img Dividend cuts and stoppages have been coming thick and fast in 2020. And there are likely to be more coming down the tube before the year is out as UK shares’ profits suffer. For this reason I won’t be investing my hard-earned cash in Royal Dutch Shell (LSE: RDSB) any time soon.Investors in the FTSE 100 fossil fuel giant haven’t had much to cheer about in 2020. The oilie’s share price has dropped 60% so far in 2020. But they’ve had a little good news to cheer on Thursday.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…Today the firm announced that adjusted earnings had risen in the third quarter, to £955m from £638 in Q2. It advised that it was taking steps to reduce net debt to £65bn from £73.5bn at the end of September. Once this goal is hit, Shell intends to distribute between 20% and 30% of cash flow from operations to its shareholders via a combination of share buybacks and dividends.In the meantime, Shell said that it would raise the third-quarter dividend 4% to 16.65 US cents per share. It comes as reassuring news after the firm cut dividends for the first time since the mid-1940s during the spring.Risky businessBut I worry that the decision to raise the dividend again could be a false dawn for embattled investors in this most battered of UK shares. There’s been a slew of worrying news about global production levels in recent days and weeks. And the signals surrounding much-needed output cuts from the OPEC+ group are fanning fears over a supply glut too.“There is no sign that OPEC+ is willing to cut deeper,” commodities analyst Bjarne Schieldrop of SEB commented today. “At most, it seems they are willing to extend current cuts to the first quarter of 2021 rather than to increase [them] by 1.9m barrels a day.”This is why Brent prices have descended again in recent days. Indeed, the benchmark’s just tipped to its cheapest since May around £37.30 a barrel. Things could get even bloodier too, should Covid-19 infection rates continue to climb and fresh lockdown measures transpire across the world in the weeks and months ahead. Shell could well find itself under pressure to take drastic dividend action yet again.As Schiekdrop added: “With no improving trend in implied demand — now down 2.3m barrels a day year-on-year… it could be a tough time for oil in the months ahead until a Covid-19 vaccine liberates markets.”Better UK sharesThis is why I’m happy to look past Shell’s 5.8% dividend yield for 2020. City analysts are expecting a significant reduction in the annual dividend this year. But I fear that the cuts could be gorier than even the most pessimistic brokers reckon.Investors like me also need to consider the prospect of much thinner dividends being shelled out in 2021 too. Why take a gamble on Shell when there are so many other great UK shares available for income chasers today? I won’t be buying this FTSE 100 oilie for my ISA. 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 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. 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’ Shareslast_img