Dividends4Life: Low Oil Prices Boost Yields For 9 Dividend Stocks

Since June 2014, the price of a barrel of oil has taken a big hit. When such things happen, the stock market reacts quickly and penalizes companies in this industry. We saw what happened back in 2008 with banks; this time, it's the oil industry. But there is very good news coming with any stock drop; the dividend yield soars higher. This might be the opportunity you are looking for to buy cheap shares of high yielding dividend stocks. I’ve pulled out 9 oil industry companies paying over 4% in dividend yields.

My favorite is definitely HP (but I own shares of it already). Then, I must think of Calfrac Wells Services. It shows greater risk due to its business model and market cap but it could boost your portfolio in a serious manner if oil prices shoot back up.

Source: Seeking Alpha

Related Articles:
- International Securities For A Diversified Income Portfolio
- 5 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 6 Rainy Day Dividend Stocks
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell Intel?
- 4 Dividend Stocks For A Confident And Secure Future

Click here to have future posts delivered to you for free!



Post a Comment

Note: Only a member of this blog may post a comment.


Popular Posts Last 30 Days