This Dow Jones Stock Is a No-Brainer for Dividend Growth
Oil prices are getting hit today, but that doesn't mean you should avoid the sector entirely. In fact, there's a reason why major indexes, like the Dow Jones Industrial Average, include integrated energy giant Chevron (NYSE: CVX) in their list of holdings: Energy is a vital part of the economy.
If you want to include some energy exposure in your diversified portfolio, Chevron is a solid option for dividend growth. Here's what you need to know.
The thing about the Dow 30 and the S&P 500 Index is that they are meant to represent broad swaths of the economy. So they include many different companies from many different industries. It's the sort of diversification that individual investors need to work into their portfolios as well.
Source Fool.com
