Don't fall into the well: four income stocks outside oil

This is a very imprudent course of action. These cyclical sectors are prone to volatility, as evidenced by dividends cuts during Covid-19, and the future of fossil fuels is a foregone conclusion. Instead, investors should look to other areas that can consistently deliver robust dividends. We target companies in structurally growing sectors, with a competitive advantage providing them with prolonged pricing power. We are confident these businesses will maintain healthy dividends and dividend cover, which will underpin our yield target of 4% over the long term. Driving higher dividends ...