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Why Statoil is a Top 10 SAFE International Dividend Stock (STO)

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Statoil ASA (Symbol: STO) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 5.2% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel , Statoil ASA is an underlying holding representing 1.77% of the Powershares International Dividend Achievers ETF ( PID ), which holds $12,424,280 worth of STO shares.

Statoil ASA (Symbol: STO) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless five year history - never a missed or lowered dividend; E. Enduring - at least a half-decade of dividend payments.

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Ten Top S.A.F.E. International Dividend Stocks »

The annualized dividend paid by Statoil ASA is $0.8804/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/10/2016. Below is a long-term dividend history chart for STO, which the report stressed as being of key importance.

STO+Dividend+History+Chart

STO operates in the Oil & Gas Refining & Marketing sector, among companies like Chevron Corporation ( CVX ), and Phillips 66 ( PSX ).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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