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These 3 High-Yield Dividend Stocks Are Gushing Cash
DVNDevon Energy(DVN) fool.com·2024-05-20 07:27

These energy stocks are set to generate significant amounts of cash and will return much of it to shareholders through dividends and buybacks. I've used FCF because most companies base their capital allocation strategies on it. In addition, by looking at FCF, it's easy to see that the underlying potential for all three companies to pay a dividend is even better than implied by their trailing-12-month dividend yield. These considerations speak directly to the three companies in 2024. Devon Energy (DVN 0.77%) ...