This 9% Yielding Energy Stock Just Increased Its Dividend Payment

This high-yield stock is on track for another successful year. As the dust settles on talk of yen carry trades and market crashes, the price of oil is still above $75 a barrel. Meanwhile, market interest rates are trending lower in anticipation of a Federal Reserve rate cut. With OPEC+ extending production cuts in 2025, the bull case for oil is intact. Still, you don't necessarily need to be a raging oil bull to like buying stock in 9%-yielding Vitesse Energy (VTS -0.22%). Here's why. Vitesse Energy's divid ...