Quote: (02-10-2015 10:57 PM)lavidaloca Wrote:
I bought small positions in Husky Energy (100 shares) and Cenovus Energy (100 shares) on Friday. Going to continue investing any new savings into oil as I currently only have around $30,000 of my portfolio in Oil...the vast majority in Suncor. The dividend for Husky and Cenovus made them very attractive to me both at a bit over 4% with plenty of room to grow dividends.
You don't see the possibility of dividend cuts by either company? Lowered cash flows due to oil prices would worry me about a potential dividend cut. I will check them out. Thanks for sharing.
Fate whispers to the warrior, "You cannot withstand the storm." And the warrior whispers back, "I am the storm."
Women and children can be careless, but not men - Don Corleone
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