The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and analyst Jim Mueller discuss topics across the investing world.
ExxonMobil just announced that it's raising its dividend by 21%. That makes it the largest annual payer in the world in total dollar terms. John thinks this is very good news for shareholders. The company now provides a very solid dividend yield in addition to its proven record of market outperformance. ExxonMobil might be a very good choice to anchor a portfolio over the long haul.
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Jim Mueller owns shares of Apple and ExxonMobil. John Reeves owns shares of Apple. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple and Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.