Help with portfolio

[DividendDragon]

(01-08-2015, 10:54 AM)EricL Wrote:

(01-08-2015, 05:15 AM)booze007 Wrote: i am really new to dividend investing , i been trading forex all along .
i have 10000 to invest and want to cash in on the cheap oil , please put forward your suggestions

EVEP
CVX
LINE
BP
XOM

SDRL(may be )

EVEP will likely be cutting its dividend as the current 17% yield is unsustainable.

CVX is a great company and one that I own personally. Of the stocks on the list this would be my first choice.

LINE recently cut the dividend and has a high debt load. I would avoid this stock.

BP is one I own but am not terrible comfortable with. They are still dealing with litigation from the Gulf oil spill and I think will be hurt by the sanctions on Russia.

XOM would be my second favorite on this list behind Chevron. Financial rock but provides a lower yield and slower growth than Chevron.

SDRL recently suspended its dividend and has very high debt. I would avoid this stock.

Some other stocks to consider that I own would be Occidental Petroleum (OXY), Kinder Morgan (KMI), Conoco Philips (COP), Helmerich & Payne (HP), and if you are looking for higher growth EOG Resources (EOG).

Eric,

I just bought into BP and believe that the Russia sanctions have already been factored into the price. With a payout ratio of only 18% I feel comfortable that there's plenty of space to increase dividends despite the forecast EPS. If in any case they don't I'll surely sell.

EDIT: BP FORWARD PAYOUT IS: 77% for some reason I pasted the TTM payout,

Lewys