re: Stock Watch Thread

You're right. XOM has been steadily raising the dividend along the way. Even compared to the recessionary lows, this is a good yield level for them.

I took a limit order for BP off the table early this morning when a report stated that if there's further weakness in the oil market, their dividend could be in danger of being cut. I'm content to sit and watch for now. Although XOM goes ex-div in a couple of weeks. So I guess if someone wants to take a position, collecting a payment might provide some cushion.