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HUSKF - Husky Energy: While The Common Dividend Is At Risk I'm Raking In 12% With The Preferred Shares
Husky Energy Inc.
Introduction
Husky Energy (OTCPK:HUSKF) is currently paying a very handsome dividend of C$0.50 per year, giving the common shares a current dividend yield of 12.5% as Husky’s share price has cratered due to COVID-19 related issues on both the financial markets as well as the impact of the virus in the oil and gas sector. While the common dividend may be at risk, the preferred shares offer an attractive option to fall back on.
Data by YCharts
Husky Energy has its main listing in Canada where it's trading on the Toronto Stock Exchange