A dividend is a distribution of a portion of a company's earnings paid to the shareholders. Dividends can provide income and growth for long-term investments. Yep more growth for you!
Walmart certainly doesn't have the highest dividend payout, with about a 1.5% dividend yield for one of the world's largest companies.
Despite the lessening dependence on oil, Exxon Mobil is still one of the largest energy companies in the world. Another powerhouse company that can afford to reward faithful investors with a 6.7% dividend yield.
Pepsi has been able to pay out a 2.9% dividend yield and has a strong streak of 48 years of annual dividend increases.
Procter and Gamble is a goliath in the retail world. With a reasonable dividend yield of 2.5% and a staggering 64-year streak of annual increases, it can also be considered a strong dividend stock.