Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

The best top dividend payers in mining and oil & gas

By Ben Turney

30 August 2015 03:42

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The recent pullback in stocks has created some attractive fundamental plays among the largest resource stocks. Although commodity prices remain in the doldrums and the medium term outlook is bearish, share prices of the stocks below make the expected dividend yields look extremely generous.

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Comments

MrMoto

30 August 2015, 07:13

Will we get some further coverage on these eg debt, divi cover etc?

Like the look of BHP, but how will this lot be effected if oil continues downwards along with other commodity prices. Also what bearing would China going down the toilet have on these?
David Russell

30 August 2015, 08:08

Do you think that Glencore can keep paying the dividend and if so at what cost to the business. The debt is a worry.(
Ben Turney

31 August 2015, 01:13

@MrMoto – I think this is something we should cover more. This piece is just a toe in the water. If you have any other suggestions what to add to the table please add them.
Wrt BHP, I am still undecided on the global impact of a Chinese meltdown. I’m conscious not to underestimate it, but how much longer can the bear market in commodities go on?

@David – Thanks for the comment. I agree GLEN looks stretched. BHP on the other hand….