Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
I have been thinking about putting my extra "fun investment" money in either Exxon, Chevron, or RD Shell. All I want is the juicy dividend and for it not to be cut. I have read big oil dividends are safe at this level of 80, but no explanation was given. Earnings and coverage ratios don't mean much with the way their capital spending budgets can be manipulated. Just curious if anyone has been looking to buy in this area. Exxon was my initial thought but that RDS.B dividend well over 5% is very tempting. I read last week their CEO said they were fully committed to increasing their dividend, but when I was 21 I was fully committed to never losing any of my hair and that didn't work out so well.
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