2 Dividend Stocks Offering Intriguing Income Upside Potential
The oil industry has been challenging for dividend investors over the years. Intense volatility has forced oil producers to rethink their dividend strategies to better reflect this reality. That's leading a growing number of oil companies to launch a new dividend framework with a sustainable fixed quarterly rate and the potential of paying an additional variable dividend, depending on oil prices.
Two oil stocks that are planning to use this framework in the future are Diamondback Energy (NASDAQ: FANG) and the soon-to-be-renamed combination of Whiting Petroleum (NYSE: WLL) and Oasis Petroleum (NASDAQ: OAS). Here's why these oil companies could offer investors the potential to collect enormous dividends.
Image source: Getty Images.
Source Fool.com
