| EOG Resources (NYSE: EOG) is a Houston-based oil and gas producer with a lucky past. The company had fortunate timing, as it was spun out of the notoriously fraudulent Enron in 1999, which imploded just two years later. Investors also had good timing, as they saw the share price more than triple in the past three years. In that time, the company started paying special dividends that offered shareholders big payouts. Let's look at how safe the dividend is. In 2021, EOG Resources paid two special dividends - of $1.00 per share and $2.00 per share. Last year, it paid four special dividends of $1.00, $1.80, $1.50 and $1.50 per share. So far in 2023, there has been one special dividend of $1.00 per share, paid in March. Special dividends should never be counted on. They are irregular dividends that a company pays when it has excess cash or cash flow. It's like when your spouse gets you that really nice bottle of whiskey for your birthday that you would never buy for yourself. It's nice to receive, but you don't expect it every year. Instead, we'll take a look at the regular dividend because that has been more consistent and is what investors have come to expect. EOG Resources currently pays a $0.825 per share quarterly dividend, or $3.30 annually, which comes out to a 2.5% yield. The dividend has been raised every year since 2018 at a strong clip. Over the past six years, the regular dividend has grown at an astounding 30% compound annual growth rate, including a 10% increase this year. | 
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