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Message
re: Exxon Stock....buy,hold, or sell
Posted on 4/24/13 at 1:27 pm to LSURussian
Posted on 4/24/13 at 1:27 pm to LSURussian
quote:
I agree with you that XOM's dividend yield is too low but you have to remember that Exxon has raised its dividend EVERY YEAR for the last 30 years. That's a pretty impressive record. And they usually make their dividend increase announcement either at the end of April or the first week of May, so if they follow their pattern we should hear about a div increase soon.
quote:10%+ increase!
Exxon Mobil Raises Dividend to 63 Cents a Share
3
Posted on 4/24/13 at 1:28 pm to LSURussian
yay.Exxon is my biggest holding
Posted on 4/24/13 at 1:28 pm to LSURussian
Posted on 4/24/13 at 1:38 pm to LSURussian
34% increase the last two years. They still trail other major IOCs so I would expect it to go up to near $.70 next year. Good times for those that rely on the div for income.
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