Dividend Stocks

On its face, BP (NYSE:BP) stock looks like a wonderful pick for income investors. BP’s dividend now yields over 10%. That seems to be hugely attractive for a large, diversified oil company. Source: FotograFFF / Shutterstock.com Indeed, that yield is the highest among the largest oil producers, even for investors willing to look overseas for
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Exxon Mobil (NYSE:XOM) raised its dividend for 37 consecutive years. That track record is seemingly as reliable as anything investors can expect on Wall Street. But in April, Royal Dutch Shell (NYSE:RDS.A)(NYSE:RDS.B) cut its dividend for the first time since 1945. Shell’s dividend cut should serve as a wake-up call to Exxon Mobil stock investors
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[Editor’s note: “9 Best Dividend Stocks to Buy for Every Investor” is regularly updated to include the most relevant information available.] Because of the unprecedented disruption caused by the novel coronavirus, weary Americans have been eager to hear some good news. Recently, they received exactly that. In a stunning reversal against bearish expectations, the May
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British Petroleum (NYSE:BP) says it wants to move away from the oil business while keeping oil-sized payouts to shareholders. Investors in BP stock aren’t buying it. If you do, take advantage. Source: Bjoern Wylezich / Shutterstock.com Right now, BP stock is a yield trap. At its June 17 price of about $24.50, its 63 cent/share quarterly
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Chevron (NYSE:CVX) is on the rise, with Chevron stock gaining more than 6% over the last month. That’s excellent news as the American multinational energy corporation battles on several fronts to minimize the damage caused by the novel coronavirus pandemic. Source: Trong Nguyen / Shutterstock.com As the world grapples with Covid-19, oil prices have taken
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