2 Dividend Growth Stalwarts With Impressive Streaks Going and Yield Twice That of the S&P 500
Are you looking for a reasonably high-yielding dividend stock to add to your portfolio? How about one that has a streak of increasing its dividend for decades?
The good news is, you don't have to compromise. There are two dividend stocks that offer both a high yield and impressive track records for dividend growth and are good buys today: Medtronic (NYSE: MDT) and ExxonMobil (NYSE: XOM). For the record, these two stocks boast of yields nearly twice that of the S&P 500. Let's take a closer look.
Medtronic is a top medical-device company with operations all over the world. It makes pacemakers, insulin pumps, and other devices that patients rely on. The healthcare business has been strong financially over the years and has enabled the company it to increase its dividend with great consistency.
Source Fool.com