Exxon Mobil Corporation (XOM), Walgreen Company (WAG), C.H. Robinson Worldwide, Inc. (CHRW): Three Dividend Stocks for Your Portfolio

Finally, C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s profits are protected by a wide economic moat. The company’s asset-light business model enables it to return more capital to shareholders while still investing for growth. Its profits are protected due to a network effect — the company’s massive network of shippers and carriers attracts customers, which then attracts more shippers and carriers. Its network is impossible to replicate.

In addition, the scale of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s network provides cash flow that can be used to hire the best talent in supply chain logistics, which enables the company to provide a higher level of service to customers than its peers. The company’s competitive position ensure a long runway for increasing dividends year after year.

Bottom line

Not all dividends are created equal. Exxon Mobil Corporation (NYSE:XOM), Walgreen Company (NYSE:WAG), and C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) offer great dividends not just because of their current yields, but because the dividends are virtually guaranteed to grow for many years to come. Frustrated bond investors would do well to switch into these high-quality dividend stocks.

Ted Cooper has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The article Three Dividend Stocks for Your Portfolio originally appeared on Fool.com and is written by Ted Cooper.

Ted is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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