Could Royal Dutch Shell's Best-in-Class Dividend Be at Risk?
Over the years, Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B) has consistently been a top dividend yielder. Since 2015, it has paid either the highest yield among the five oil majors, or come in a close second to rival BP.
But the recent oil price plunge has thrown the industry for a loop. Crashing share prices have pushed yields to all-time highs, and some oil companies like Occidental Petroleum have already thrown in the towel and slashed their dividends to the bone.
Could Shell be poised to do the same? Let's dig deeper to find out.
Source Fool.com
