3 Dividend Stocks to Double Up on Right Now

Some investors may find it tempting to keep all of their portfolio in high-growth tech stocks so early in their development that they're putting all their cash back into the business. But ignoring the value of stocks that pay a dividend is a rookie mistake. Here are three dividend stocks worth a look.The world might be moving toward a greener future, but fossil fuels are not going away tomorrow. Because of that, I think ExxonMobil (NYSE: XOM) -- with a yield of about 3.2% at its current share price, and shares trading at 14 times earnings -- makes a compelling income investment play.While its sales and earnings can be volatile in correlation with the price of oil, the company has consistently been making tens of billions of dollars annually (with the exception of 2020). With over $26 billion in cash and equivalents at the end of the second quarter, ExxonMobil has plenty of capital to keep paying its dividend. Moreover, oil prices have remained in the $70 range or above for the past couple of years, providing strong cash flow for the company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool