
While this is my income pick of the week, and GeoPark Limited (GPRK) pays a nice dividend, yielding over 5%, it’s extremely important when looking at income stocks to be as diligent as possible to ensure the dividend is safe. GeoPark is an income stock in value clothing.
GeoPark is a South American based oil exploration and production company, with operations in Brazil, Chile, Ecuador and Columbia. The company has a 20 year record of finding and extracting oil, and has grown capacity at a compound annual growth rate (CAGR) of 12% overall, and 18% in Columbia, where it manages one of the largest oil deposits in the country.