How Royal Dutch Shell Is Addressing Its Dividend Concerns
Christopher F. Davis: Sept 3, 2015
Summary
- This article is a follow-up to my prior article addressing the company’s dividend concerns.
- History won’t always repeat itself, so I felt I would talk about what the company is doing in detail and expand on my thoughts.
- I am betting history continues.
As you know, Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) has been crushed in the last three months, and of course, over the last year since oil began its sell-off. At the time of this writing, oil is hovering around $40 and oil stocks have come off of their lows from last week. However, it could get worse before it gets better. Last week I wrote an article that addressed the Royal Dutch Shell dividend concerns. It was a highly controversial article, to tell you the truth. But it is important. The stock has a 7.5% yield right now. It did NOT raise its dividend to get here. It is not a red flag dividend. It is a result of rampant selling in the oil sector.
The TRUTH will set you FREE.
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