A High-Yielding Dividend Oil Stock to Avoid
- By Brian Bollinger
With the current oil crisis dragging on far longer than initially anticipated, many big oil dividend stocks such as BP (BP), Chevron (CVX) and Royal Dutch Shell (RDS.A) are offering tantalizing high yields.
However, given the capital intensive nature of this business, the cyclical nature of the industry and the unpredictable nature of crude and natural gas prices, many income investors are understandably concerned about just how safe these big oil dividends are.
Warning! GuruFocus has detected 4 Warning Signs with BP. Click here to check it out.
conservative investors living on dividends, except perhaps by the most risk-tolerant dividend investors.
