After Its Dividend Cut, Is Royal Dutch Shell a Buy?

You'd think a massive company that hadn't cut its dividend since World War II would be a pretty safe bet for dividend investors. And Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B) was, in fact, a good dividend stock...for about 75 years. But in late April, facing the prospect of a prolonged oil price slump, the energy giant pulled the trigger and slashed its dividend by 66%.

Wall Street was stunned. Investors were outraged. And shares plummeted 17%, on top of the losses they'd already sustained. Shell's stock is now down by more than 50% in 2020. But could the company be ripe for a rebound?

Let's take a closer look to see if Shell looks like a buy, even without a best-in-class dividend yield.