Dividend Stocks

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>>> Exxon Mobil (XOM)



https://www.thestreet.com/story/13646215/9/10-best-dividend-stocks-to-own-now-for-a-safe-retirement.html



Rooted in the 1870's, Exxon Mobil is the largest energy company in the world with a sterling record of stability and growth. The business touches virtually every region of the world breaking down into three segments: Downstream (44%), Upstream (29%) and Chemical (27%).

The price of crude oil is key to virtually all energy companies, and Exxon is no exception. Some insulation is provided by its diverse resource base and the fact that lower input prices for oil benefits Exxon's petrochemical business.

Exxon started paying dividends in 1911 and has increased the payout in every one of the past 34 years. Earnings have been cut in half lately due to the slump in energy prices.

However, Exxon increased the dividend an average of 7% in each of the past two years and remains fully committed to its dividend. This reliability is unmatched and a great source of comfort for a safe retirement.

Earnings are expected to rebound sharply this year thus the dividend payout ratio should revert to about 60%. Based on consensus earnings projections, dividend growth should keep pace with the 10.6% average annual rate of the past 5 and 10 years.

Shares of Exxon Mobil offer a safe dividend yield of 3.2%.

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