ExxonMobil vs. Chevron: Which Oil Dividend Stock is the Better Buy for a Lifetime of Passive Income
These two oil giants go head-to-head.
Overview
ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are the undisputed dividend heavyweights in the oil patch. Exxon has increased its dividend for 42 straight years, while Chevron has delivered 39 consecutive annual dividend increases. Both oil giants offer above-average current dividend yields (Exxon's is nearly 3% while Chevron's is over 4%, more than double the S&P 500's 1.1% yield).
Here's a closer look at which of these top oil dividend stocks is the better one to buy right now for those seeking a lifetime of passive income.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.