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@UndyingValue 2 months ago

Summary of Motley Fool's recent dividend stock picks

Summary of Motley Fool's recent dividend stock picks

Motley Fool released a note on three dividend stocks they like for long-term income. **AbbVie (ABBV)** Yield is around 2.9%. They just raised the dividend by 5.5%. Revenue is up 8% as newer drugs like Skyrizi and Rinvoq are successfully replacing lost Humira sales. **Home Depot (HD)** Yielding 2.7%. Stock is down 13% this year on spending concerns, but they still expect 3% sales growth. Dividend has grown over 50% since 2020. **ExxonMobil (XOM)** Highest yield of the group at 3.5%. Earnings dropped this year with commodity prices, but EPS of $5.16 still covers the $4.12 annual payout. Stock is up 8% on the year.
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