2 Energy Dividend Stocks With Growing Payouts, Led by ExxonMobil
They can be lucrative, income-paying pieces in your portfolio.
Overview
The energy sector has been on a good run so far this year. S&P 500 energy stocks are collectively up 41.2% as of market close on Aug. 31, outperforming the tech sector, which is up 22.4%. Despite the strong run, investors are generally drawn to energy stocks for their reliable, typically above-average dividends.
Two energy stocks with attractive dividends are ExxonMobil (NYSE: XOM) and Energy Transfer (NYSE: ET), and their appeal goes beyond current payouts. Both have shown a commitment to increasing their payouts, giving investors predictable income growth.
Details
If you're looking for dependable high yields, both of these stocks are worth considering.
Source
Originally published at www.fool.com.