Finding a quality business that pays a stable and growing dividend is a task in and of itself. But to find a company that is also a good value and has long-term growth prospects adds an additional layer of complexity.
Phillips 66 (NYSE: PSX) , Union Pacific (NYSE: UNP) , and Chevron (NYSE: CVX) are three companies that you're probably familiar with. Each business is an industry leader that also happens to be an excellent source of passive income. In fact, investing in equal parts of each company produces a dividend yield of 3.2%. Here's what makes all three dividend stocks compelling buys now.
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For further details see:
3 Dirt Cheap Dividend Stocks to Buy in November and Hold for Decades