Royal Dutch Shell Is Now A 7.54% Dividend Yield Monster
Aug. 24, 2015 6:45 PM ET
Summary
- Stock market downturn takes Shell’s dividend yield to an astonishing 7.54%.
- The dividend looks reasonably safe.
- High initial yield but little growth expected in coming years.
Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) doesn’t need an introduction. This Anglo-Dutch multinational is one of the largest, integrated oil & gas majors in the world. Its share price has dropped nearly a quarter since the start of the year, pushing its dividend yield ever higher. While commonly regarded by many DGI investors as lesser quality than Exxon Mobil (NYSE:XOM), I believe the current market situation highly favors including this stock in the energy component of your dividend portfolio.
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