3 Energy Stocks With Dividends That Have Never Been Cut
Past performance is no guarantee of future results, but it certainly suggests what's likely.
Overview
Do you need reliable investment income for the indefinite future? Dividend stocks remain your best bet, particularly if you want this income to at least keep up with inflation. But some of the market's best dividend stocks come from a surprising industry... the energy sector. Despite all the wild ups and downs of oil (and natural gas) prices over the years, three energy stocks have never been forced to cut their dividend payments.
Oil giant Chevron (NYSE: CVX) has been through several changes in its long history, including being bought by Standard Oil, and its own acquisition of Gulf Oil in 1984. Its long-term dividend history is difficult to track, and doesn't mean much anyway.
Details
Source
Originally published at www.fool.com.