All bull markets come to an end, and this past decade has been a remarkable one for investors who've escaped largely unscathed from any corrections. While no one knows when the next recession will hit, there's good reason to believe we're closer to the next one than the last one. Now would be a good time, then, to clad your portfolio in armor to protect it from the inevitable downturn. One of the best ways is through investing in quality, dividend-paying stocks, a key attribute for investors living off their stocks in retirement...
Here's why global energy giant ExxonMobil (NYSE:XOM) may be one of the best stocks for income-loving investors girding themselves for the fall. Oil is north of $60 per barrel now, but having spent the past few years preparing its business to run on lower oil prices, Exxon is among just a handful of producers that can still profit if a new bear market swamps the industry. The combination of investments upstream, downstream, and in chemicals allowed it to outline a path forward that it says will let it double its earnings by 2025 to $31 billion. Even during the Great Recession, which sent shock waves through the oil industry, Exxon was financially stable enough to continue paying out its dividend. The yield on Exxon's dividend is now 5% as a result of the depressed share price, but without adding too much risk, even though it has substantial negative free cash flow at the moment.
Source: Motley Fool
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 3 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
Why Retirees Should Scoop Up This Dividend Stock Before the Next Recession
Posted by D4L | Friday, January 17, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends can be an underrated source of income for investors. With so much volatility in the stock market right now, it can be comforting t...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.