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The 3 Safest Oil Dividends Right Now

TheMotleyFool

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This has been a brutal year for dividend investors. More than 175 publicly traded companies have trimmed their payouts by at least 50%, with many suspending them entirely. The oil sector was one of the hardest-hit by those dividend cuts, as many payouts plunged along with oil prices.

However, not all oil-fueled dividends are in trouble, and those of ConocoPhillips (NYSE: COP), EOG Resources (NYSE: EOG), and Pioneer Natural Resources (NYSE: PXD) are among the safest.

Image source: Getty Images.

Source Fool.com

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