In the dynamic world of dividend investing, finding a gem that not only offers a solid return but also stands as a testament to reliability and growth is paramount. One such well-covered mega-cap stock in the Energy sector has once again solidified its position in the Best Sector Dividend Stocks model portfolio, marking itself as an essential holding for balanced dividend investors. With a forward dividend yield of 4.17% that outperforms the industry average, sitting comfortably in the top 40%, it presents an attractive proposition for those seeking good yield. Remarkably, this stock boasts a 30+ year history of dividend increases, a consistency placing it in the elite top 10% of dividend stocks, with expectations of future growth continuing this impressive trend.
Year-to-date, the stock has demonstrated resilience and performance with a 5% return, navigating the volatile energy…