The oil market downturn over the past few years has taken a bite out of oil-fueled dividends, with many companies opting to reduce their payouts to conserve cash. However, not all oil stock dividends followed crude's price descent. Each of these oil stocks has a solid history of paying a growing dividend...
In fact, several companies surprisingly managed to increase their distributions amid the turmoil, including Canadian Natural Resources (NYSE:CNQ), Suncor Energy (NYSE:SU), and Occidental Petroleum (NYSE:OXY). With that in mind, income-seeking investors might want to look at them more closely.
Source: Motley Fool
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Posted by D4L | Thursday, April 12, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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