Quote:
Originally Posted by GregWeld
Stocks like Exxon Mobile (XOM) are now paying 3.69%... and there's many out there paying 10% just due to the share price decline.
|
For example BP = 7.88%, assuming they do not cut the dividend! That is the risk, eh. Their stock took a beat down after the Gulf oil spill, but they have done good since then.
Read this outlook regarding their dividend.
http://bidnessetcnews.tumblr.com/pos...idend-imminent
The question is, how much of this is factored into the current price?