Reported about 2 months ago
For income investors, dividends are crucial for generating cash flow from investments. Shell (SHEL), an oil and gas company, currently has a dividend yield of 3.81%, surpassing industry and S&P averages. With an annualized dividend increase of 11.2% over the past year and a solid earnings growth estimate of $8.63 per share for 2024, Shell presents a compelling investment opportunity. However, investors should be wary of high-yield stocks during rising interest rates.
Source: YAHOO