Want Super Safe Passive Income? Buy This High-Yield Stock With Over 40 Straight Years of Dividend Raises
When investors think of safe stocks to generate dividend income, stable stalwarts like Coca-Cola or Procter & Gamble may come to mind. And while those companies are good options for risk-averse investors, there are arguably even more attractive opportunities outside the consumer staples sector.ExxonMobil (NYSE: XOM) has paid and raised its dividends for 42 consecutive years. According to the company, only 4% of S&P 500 components have streaks at least as long.Here's why ExxonMobil is a safe, no-brainer dividend stock to buy now.Continue reading
When investors think of safe stocks to generate dividend income, stable stalwarts like Coca-Cola or Procter & Gamble may come to mind. And while those companies are good options for risk-averse investors, there are arguably even more attractive opportunities outside the consumer staples sector.
ExxonMobil (NYSE: XOM) has paid and raised its dividends for 42 consecutive years. According to the company, only 4% of S&P 500 components have streaks at least as long.
Here's why ExxonMobil is a safe, no-brainer dividend stock to buy now.
