Get a 5.6% yield from Imperial Oil Ltd.

Get a 5.6% yield from Imperial Oil Ltd.

This giant’s revenue, earnings and cash flow have all been impacted by COVID-19 as well as  lower oil prices.

However, the company has implemented strong cost controls and has been able to maintain its dividend for investors.

IMPERIAL OIL LTD. (Toronto symbol IMO; www.imperialoil.ca) gives you exposure… Read More

Get a 5.3% yield from Suncor Energy Inc.

Get a 5.3% yield from Suncor Energy Inc.

Planned expansion and maintenance projects should help the company increase earnings after a difficult 2020 marked by low oil prices, COVID-19, and a recent fire at one of its properties. 

A dividend cut will also help conserve cash as the company anticipates improved results in 2021… Read More