3 Top High-Yield Stocks to Buy in November
A high yield isn't the only thing you should consider when you are looking for a dividend stock. Maybe it's what gets you to look at a stock, but you also want to make sure the business backing the lofty yield is worth owning. If you want high yields from good companies, you should examine (NYSE: CVX), United Parcel Service (NYSE: UPS), and Enbridge (NYSE: ENB) as November gets underway. Here's why these three stocks are worth considering this month.
Energy is vital to the global economy, and you should probably have some exposure to the sector. The problem is that oil and natural gas stocks are highly volatile, so picking a good energy-focused dividend stock really means picking an energy stock that can survive the full energy cycle while continuing to pay you your dividends.
Chevron has increased its dividend annually for 37 consecutive years. That's impressive given that it operates in all of the important energy segments, including oil and gas production (upstream), energy transportation (midstream), and chemicals and refining (downstream).
Source Fool.com
Chevron Corp. Stock
With 47 Buy predictions and 1 Sell predictions Chevron Corp. is one of the favorites of our community.
With a target price of 181 € there is a slightly positive potential of 5.53% for Chevron Corp. compared to the current price of 171.52 €.
