Want Decades of Passive Income? 2 Stocks to Buy Now.
If you are looking for dividend stocks that can keep paying you well for decades, don't shy away from the energy sector. Yes, the world is shifting toward cleaner alternatives. But oil and natural gas are not expected to go away anytime soon.
That means investors can keep collecting dividend checks from this vital part of the global energy landscape. Two attractive, though very different, options are ExxonMobil (NYSE: XOM) and Devon Energy (NYSE: DVN).
When it comes to the energy sector, you won't find many companies larger than Exxon and its huge $440 billion market value. Its business spans the entire energy landscape, from drilling for oil and natural gas all the way to refining it. That provides an inherent balance within the highly cyclical industry as downstream operations (refining) tend to benefit from the low oil prices that hurt the upstream (drilling) business. But there's more to the story here.
Source Fool.com
