Author: Marc Lichtenfeld, Wealthy Retirement

Conventional analysis suggests the dividend should be safe for the immediate future — but a couple of corporate actions may prove otherwise after that…

In short, the company generates mountains of cash flow — much more than is needed to pay the dividend.

The final 2021 cash available for distribution number could have a big impact on the dividend safety rating a year from now. In the meantime, over the next 12 months, the distribution looks fairly safe.

With demand soaring and a pickup in inflation imminent, energy could be one of the leading sectors in the stock market. Make sure you’re positioned accordingly.