ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year

Phillips 66 continues to raise its dividend at a breakneck rate.In addition to being the most valuable U.S.-based energy company, ExxonMobil is a consistent dividend payer, with over 42 consecutive years of raising its payout. With a diversified business model and enough cash flow to invest in organic growth, acquisitions, and the energy transition, Exxon and its 3.3% yield are a compelling offering.However, midstream, refining, chemical, and marketing company Phillips 66 (PSX 0.56%) also stands out as a go ...