3 Energy Dividends You Can Still Trust
that investors can still trust.
With the price of oil recently hitting a sevenyear low and natural gas now at a 14
year low, there has been a deep impact on the cash flows at oil and gas companies.
Many don't have enough money coming in to drill the required number of new wells
needed to maintain their production rates, let alone any left over to pay shareholders
a steady dividend. This has resulted in the reduction or suspension of a countless
number of energyrelated dividends.
All that said, there are a few energy dividends that investors can still trust. Here are
three companies that have been making their dividend a priority.
Jason Hall
After Kinder Morgan's stunning announcement that it would cut its rocksolid (or so I
thought) dividend by 75%, just days after announcing that it would generate plenty
enough cash in 2016 to cover payouts, it's hard to put much trust in any energy
company's ability to pay a steady divvy.