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The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

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The Bears Are Betting Against These 6.9%-21.4% Dividends. Should We?

By: Contrarian Outlook

February 16, 2024 at 05:00 AM EST

These unloved stocks yield between 6.9% and 21.4%. These are big dividends, but not the main reason we are discussing this ignored five today. Each of these names is so unliked by the Wall Street suits that they have serious upside potential. How could that be? These shares are heavily sold short. Short selling is a way to bet against a stock. To do so, one must borrow the shares and sell them today . In hopes of buying back at a lower price tomorrow. What happens if the stock goes up tomorrow? And rises the next day? And so on?… Read more