Discover the latest addition to the Best Sector Dividend Stocks model portfolio, catering to balanced dividend investors. This well-covered mega-cap oil and gas stock comes with a forward dividend yield of 3.97%, helping it rank in the top 40% of dividend stocks available.
The company boasts a 37-year track record of dividend increases, placing it in the top 10% of dividend stocks. Furthermore, the payout ratio of 42% is not only low enough but also in line with the industry average. It went ex-div on May 18 with a qualified dividend of $1.510 per share and a pay date of June 12, representing an exciting opportunity for investors seeking consistent returns.
To delve deeper into the analysis of this promising stock, explore our comprehensive report. Our experts have carefully evaluated the company’s yield, dividend safety, returns potential, and risk to create an optimized recommendation within the Energy dividend stocks sector. Stay informed and make informed investment decisions with our in-depth stock analysis.
