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Looking for Monster Dividend Yields? Check Out These Oil Stocks.

·4-min read
Looking for Monster Dividend Yields? Check Out These Oil Stocks.

With crude prices currently in the triple digits, oil stocks are paying a gusher of dividends to their investors. Devon Energy (NYSE: DVN) launched the industry's fixed plus variable dividend trend last year after closing its merger of equals with WPX Energy. It set its base dividend payment at $0.11 per share each quarter, a level it could sustain at lower oil prices.

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