Oil Majors and Utilities Offer Steady Dividends and Growth While Darden Beats Estimates
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Exxon Mobil offers a 3.4% dividend yield and has raised its dividend for 40 straight years. Analyst sees it meeting earnings growth target.
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Coterra Energy increased its dividend by 33% this year. It prioritizes buybacks over variable dividends for 2023.
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Brookfield Infrastructure targets 12%+ FFO/unit growth. It can generate returns by investing above its normal IRR range.
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American Electric Power reaffirmed its 2023 earnings outlook. It benefits from grid investments and clean energy incentives.
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Darden Restaurants posted better-than-expected sales. Its Olive Garden and LongHorn offset fine dining weakness.