One sector of the market where you can find some of those generous yields is the energy industry, but it is also an industry that is rife with companies that may not have what it takes to pay the kind of reliable dividends investors crave. So we asked three of our energy contributors to share a company they see as one of the most reliable dividend stocks you can buy. Here's what they had to say.
Jason Hall: National Oilwell Varco (NYSE:NOV) is one of the most important suppliers of drilling equipment and parts for the oil and gas industry, and the downturn has weighed heavily on the company's business over the past year. Matt DiLallo: On ConocoPhillips' (NYSE:COP) second-quarter conference call, CEO Ryan Lance pounded the table on the long-term viability of the company's dividend. He led off his prepared comments with the following proclamation: "The dividend is safe. Let me repeat that. The dividend is safe." Tyler Crowe: One of the biggest challenges for investors in the energy space is to find companies that can pay out dividends quarter after quarter without being compromised by the swing of commodity prices. One way to do this is look for companies for which commodity prices don't matter as much. That is why a company like Magellan Midstream Partners (NYSE:MMP) makes for a rock-solid dividend investment, so little of its business is dictated by the price of commodities
Source: Motley Fool
Related Articles:
- High-Quality, Low-Risk Dividend Stocks
- 10 Stocks Building Wealth Through Higher Dividends
- 10 Dividend Stocks With A 10% Yield In 10 Years
- Are ETFs and CEFs Good Dividend Growth Investments?
- 6 Companies With The Power of 5/15 Dividend Growth
3 Rock-Solid Dividend Stocks in Energy
Posted by D4L | Wednesday, November 04, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
When looking for dividend stocks to invest in, it is advisable to choose companies that have strong dividend histories and stable balance sh...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.