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re: Lot of money to be made day trading oil

Posted on 3/9/20 at 8:47 am to
Posted by tiger91
In my own little world
Member since Nov 2005
36741 posts
Posted on 3/9/20 at 8:47 am to
I guess in my mind If the stock is sinking (xox
M) the dividend would drop as well — it seems like he company would be losing mo way. Is the increase in dividends to lure people back into buying the stock ?
This post was edited on 3/9/20 at 8:48 am
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27808 posts
Posted on 3/9/20 at 8:54 am to
ConocoPhillips is dropping like a fly. Why wouldn’t I buy some?

Good value no?
Posted by SouthMSReb
Member since Dec 2013
4424 posts
Posted on 3/9/20 at 8:56 am to
quote:

I guess in my mind If the stock is sinking (xox
M) the dividend would drop as well — it seems like he company would be losing mo way. Is the increase in dividends to lure people back into buying the stock ?




The company announces that it will pay a dividend each quarter. Typically, this is the same amount every quarter and then increased once annually.

So for 2018 XOM paid:
Q1 77c
Q2 82c
Q3 82c
Q4 82c

2019, they paid:
Q1 82c
Q2 87c
Q3 87c
Q4 87c

The reason the "yield" increases, is because the yield is calculated by:

Total dividend paid/share price.
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