|Company Name||Ticker||Quote||P/E||Yield||Payout Ratio||5-yr DGR|
|Royal Dutch Shell||RDS.B||$65.48||7.89||5.49%||30%||3.29%|
My thoughts on Husky Energy
My portfolio holding of Husky Energy (HSE) has been paying dividends throughout my holding period (last couple of years), but I have not seen any increases in the dividend yield/payout. Moreover, the payout ratio is becoming dangerously high – currently at 60%. Oil and gas companies are capital intensive where they need to keep a lot of reserves for exploration, production, distribution etc. I am considering selling my position in HSE and picking up something else in the energy sector. I have CVX, COP and SU shortlisted. What do you think?
Disclosure: I own HSE.
Disclaimer: The information provided here is for educational purposes only. All opinions here are my personal opinions and should not be taken as financial advice. I am not qualified to be a financial advisor. Always consult with your financial advisor before investing in any of the companies mentioned on this blog.