What If Trump's Energy Plan Fails? These 3 Energy Giants (and Their Dividends) Will Be Just Fine.
Donald Trump is a polarizing political figure, and he has come into office with a long list of plans. While not every president is as polarizing as Trump, every single president comes into office with plans. That's the key investment issue to think about, whether or not the current energy plan -- Trump's energy plan -- succeeds in its goals or fails. If you're looking to own an energy stock for more than the next four years, you'll probably want to consider these three energy giants.ExxonMobil (NYSE: XOM) has increased its dividend annually for 42 consecutive years. That's just over 10 four-year periods spanning seven presidents, which means ExxonMobil's dividend has been robust through the energy plans of Democrats and Republicans alike. That's not to suggest that the various energy plans haven't mattered or that they don't have an effect on the company's performance -- only that Exxon is built to survive whatever gets thrown at it. That's exactly what a long-term dividend investor should be looking for in an energy stock.Image source: Getty Images.Continue reading
Donald Trump is a polarizing political figure, and he has come into office with a long list of plans. While not every president is as polarizing as Trump, every single president comes into office with plans. That's the key investment issue to think about, whether or not the current energy plan -- Trump's energy plan -- succeeds in its goals or fails. If you're looking to own an energy stock for more than the next four years, you'll probably want to consider these three energy giants.
ExxonMobil (NYSE: XOM) has increased its dividend annually for 42 consecutive years. That's just over 10 four-year periods spanning seven presidents, which means ExxonMobil's dividend has been robust through the energy plans of Democrats and Republicans alike. That's not to suggest that the various energy plans haven't mattered or that they don't have an effect on the company's performance -- only that Exxon is built to survive whatever gets thrown at it. That's exactly what a long-term dividend investor should be looking for in an energy stock.
Image source: Getty Images.
