"rocksolid" - 1 õppematerjal

3 Energy Dividends You Can Still Trust

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. As you can see above, Phillips 66's dividend only consumes 24% of profits. That leaves the company with a pile of money to invest back in the business (both for upkeep and expansion) and activities like share buybacks.