This 11% Dividend Stock Has 11%+ Upside, Too
February 04, 2023 at 05:00 AM EST
What’s better than a safe 11% dividend? How about one with 11% upside or more, too! Oil and gas stocks are in the midst of a multiyear bull market. China is about to reopen, which will reignite energy demand. Which means the time to buy the dip in the black goo—especially dividend-paying energy stocks—is right now . Let’s start with that 11% payer which also boasts a unique dividend distribution model. A Twisted Path to Big Energy Dividends Pioneer Natural Resources (PXD) , a Texas-based oil exploration company that’s a pure player in the enormous Permian Basin, yields 11%. Eleven percent!… Read more