Many energycompanies such as BP (LSE: BP) and Centrica (LSE: CNA) are sporting high dividend yields at the moment, but while itmakes them tempting for income investors, its also a sign that their payouts may not be sustainable, let alone set to grow in the future
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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has recommended Centrica. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
To find out the strategies to adopt if you want tobecome one of the growing number of surprise UK millionaires, read this FREE Motley Fool report:’7 Simple Steps For Seeking Serious Wealth‘ while it remains available!