Does it get any more basic than Exxon (NYSE:XOM), the largest oil company in the U.S. and also one the most profitable in the world? XOM has paid a dividend since 1882 and has hiked its payout for 30 years in a row. XOM’s current dividend is $2.28 per share annually with a yield of 2.54%.
You want cash? How about $18 billion on hand and free cash flow of $1.8 billion as of June 30? With a 21% payout, investors can look forward to years of increased dividends. In fact, perhaps we should be pressing management for higher increases!