12-12-2014, 07:46 PM
(This post was last modified: 12-12-2014, 07:47 PM by dividendventure.)
I was already quite exposed to Oil&Gas so I took a bit of a beating and sadly I won't have capital in hand to increase positions. Anyway, I am quite confident on the dividend prospects of most of my investments with exposure. In order:
Very confident that the dividend won't be cut
- Exxon (XOM)
- Chevron (CVX)
- Bank of Nova Scotia (BNS) (Has Significant exposure to many oil exporting countries)
Confident
- Amec Foster Wheeler (AMFW)
Concerned
- Chicago Bridge and Iron (CBI)
Chicago Bridge has a fairly tight balance sheet, if commodity prices stay low for a long period of time and most companies start to cut on capes, CBI might have some trouble.
Very confident that the dividend won't be cut
- Exxon (XOM)
- Chevron (CVX)
- Bank of Nova Scotia (BNS) (Has Significant exposure to many oil exporting countries)
Confident
- Amec Foster Wheeler (AMFW)
Concerned
- Chicago Bridge and Iron (CBI)
Chicago Bridge has a fairly tight balance sheet, if commodity prices stay low for a long period of time and most companies start to cut on capes, CBI might have some trouble.
My blog with what I consider the best dividend stocks