These 3 Stocks Could Pay Massive Dividends in 2022

The oil market hasn't always been kind to dividend investors. The sector has often had to slash or suspend dividend payments during oil price downturns, which have happened twice this decade.

This volatility has led some producers to shift how they think about paying dividends. Instead of setting a high base payout, some are setting lower quarterly payments and supplementing with variable or special dividends when oil prices are higher. Three oil producers adopting this type of framework are Devon Energy (NYSE: DVN), Pioneer Natural Resources (NYSE: PXD), and Diamondback Energy (NASDAQ: FANG). With crude prices currently above $80 a barrel, these companies appear poised to deliver a gusher of dividends this year.

Image source: Getty Images.

Source Fool.com