Beat the Dow Jones With This Cash-Gushing Dividend Stock
Dividend stocks can be an excellent source of passive income. Those that are best have robust cash flows that support and grow their Dividend payout. One stock yielding investors nearly 4% that has raised its Dividend for 36 consecutive years is (NYSE: CVX).
The integrated oil and gas company has benefited from strong tailwinds to its business in recent years. These tailwinds have it raking in cash flow hand over fist, which it has used to make strategic acquisitions and return capital to shareholders through a growing dividend and stock repurchase program. Here's why this cash-gushing dividend stock can be a solid addition to your portfolio today.
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Source Fool.com
Chevron Corp. Aktie
145,42 €
0,23 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 26 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Für Chevron Corp. sieht die Community ein Kursziel von 179 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 145.42 € bedeutet.
