These Oil Stocks Are Delivering High-Octane Dividend Growth
The data on dividends is undeniable. Companies that pay dividends have outperformed non-payers by more than two-to-one over the last 50 years (9.2% average annual total return versus 4.3%), according to data from Ned Davis Research and Hartford Funds. Meanwhile, the highest returns have come from dividend growers (10.2%).
Some companies do a better job of growing their dividends than others. (NYSE: COP), Diamondback Energy (NASDAQ: FANG), and EOG Resources (NYSE: EOG) have delivered high-octane dividend growth, which seems likely to continue. That makes these dividend oil stocks compelling options for investors seeking high-powered total returns.
ConocoPhillips recently increased its regular quarterly dividend by an impressive 34%. That marked a continuation of its high-octane dividend growth in recent years. The oil giant also increased its payment by 14% in 2023 and 11% in 2022.
Source Fool.com
ConocoPhillips Aktie
Und ConocoPhillips steht derzeit mit 84 Buy-Einschätzungen und 1 Sell-Einschätzungen bei unserer Community gut im Kurs.
Das Community-Kursziel von 107 € für ConocoPhillips deutet auf ein leicht positives Wachstumspotenzial gegenüber 103.54 € hin.


