Discussion
Sheepshanks said:
I know you can't absolutely rely on it, and it's also it's not really valid to always calculate it against the price you paid, but the dividend yield on Shell at this morning's price was 11%.
Having had a quick look, last years dividend had cover of 1.05 https://www.hl.co.uk/shares/shares-search-results/...A 25% + drop in oil price will mean the dividend is no longer covered.
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