Get Paid While You Wait: 3 Top Dividend Stocks in Oil
Oil stocks have long been an interesting place to look for dividend income, and the energy industry got even more interesting after oil prices took a nose dive in mid-2014. With oil still down from its highs but staying above the $50 a barrel range recently, now is a great time to reexamine the sector looking for top dividend stocks. If you like to get paid while you wait, ExxonMobil (NYSE: XOM), Magellan Midstream Partners, L.P. (NYSE: MMP), and ONEOK, Inc. (NYSE: OKE) are great stocks to look at today.
Exxon is one of the largest integrated oil majors in the world, with businesses spanning from drilling for oil and gas to processing and delivering it to end customers. Historically it has been one of the best run companies, with its return on capital employed routinely near the top of its peers. In other words, it puts its investors' money to good use.
Image source: Getty Images
Source: Fool.com
Exxon Mobil Corp. Stock
The stock is one of the favorites of our community with 55 Buy predictions and 2 Sell predictions.
With a target price of 120 € there is a slightly positive potential of 11.73% for Exxon Mobil Corp. compared to the current price of 107.4 €.