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Is This Massive 15% Yield Worth the Risk?

[unable to retrieve full-text content]If a fat dividend is what you re after the energy master limited partnership industry is a great place to go hunting MLPs are required to pay out most of their net income as distributions to their unitholders so they tend to have better than average yields But even I was floored Latest Articles in
Gazprom Neft reports record dividend yield

Gazprom Neft reports record dividend yield

June 11 (UPI) -- Coming off a record-setting year in terms of income, Russian oil company Gazprom Neft's chairman said shareholders are now reaping the rewards. The board of directors at Russia's third-largest oil producer approved a payout of $ 1.15 billion in dividends, or about $ 0.24 per share, 40 percent higher than last year. Gazprom Neft recorded a net profit of $ 4 billion last year. "Gazprom Neft's record dividend yield is underpinned by the company's strong financial results," Alexander Dyukov, the company's board chairman, said in a statement during the weekend. "In 2017, Gazprom Neft achieved the highest net profit in its history, with adjusted EBITDA up by more than 20 percent." Earnings before interest, taxes, depreciation and amortization are used to compare profitability ...