3 Stocks that Pay You to Own Them
If you're looking for stocks that pay you well to own them, then ExxonMobil Corporation (NYSE: XOM), Enterprise Products Partners LP (NYSE: EPD), and Duke Energy Corp (NYSE: DUK) should all be on your short list. Not only do they offer yields that are twice what you'd get from an S&P 500 index fund, but they have each increased those payments annually for at least a decade. Here's a quick overview of each one.
Exxon has the lowest yield of this trio at roughly 3.8%, just about twice what you'd get from SPDR S&P 500 ETF Trust. That said, this integrated oil and natural gas giant has the longest history of annual dividend increases at an astounding 35 years and counting. That's impressive, particularly since Exxon operates in a commodity industry known for volatile and swift price changes.
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Source: Fool.com
Exxon Mobil Corp. Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 126 € there is a slightly positive potential of 14.55% for Exxon Mobil Corp. compared to the current price of 110.0 €.
