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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