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TurkishBearCapital
Aug 29, 2019 6:15 PM

Amazing Dividend Aristocrat (7%) yield with huge support Long

Description

Shell is at 2 year support that it does not often break

The current dividend yield is 7%.. Shell has not missed a dividend payment since the second world war
>> The current cash flow is huge and enough to cover yield (pay-out 75%)

The price is at the bottom of its trading cycle. Best price to historically buy at...

Oil has started trending up supporting an increase

The last time the stock hit this RSI it had retrace up until it 200-day average at 10%. So huge upside beside its great dividend yield
Comments
HCY2020
Where did you get 7% yeld?
Chompiras
Great Support
daudm15
Kyo47
Amazing call. Had just bought today some stocks.

I own some higher priced as well, but it is worth for the dividend this stock always recovers
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