After prices rising for nearly two straight years, volatility has returned to the oil patch in the past month. Investors can expect above-average yields and consistent growth from these oil stocks...
That slump has taken most oil stocks down with it, including oil giants Occidental Petroleum (NYSE:OXY), ExxonMobil (NYSE:XOM), and Chevron (NYSE:CVX), which have all declined more than 10% from their recent highs. One of the benefits of those sell-offs is that they have pushed these companies' dividend yields even higher. Because of that, investors get paid well as they wait for oil prices to rebound.
Source: Motley Fool
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Get Paid While You Wait: 3 Top Dividend Stocks in the Oil Sector
Posted by D4L | Friday, December 14, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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