Wednesday, April 29, 2015
XOM raises dividend 5.80%---New yield is 3.32%
Today it was Exxon's turn to come up to the plate and they delivered.
Exxon Mobil declared a quarterly dividend of $0.73 per share. This is a 5.80% increase from the prior dividend of $0.69 and the new yield is 3.32%
The ex-dividend date is May 11th and the pay date is June 10th.
Currently I own 62.09 shares of XOM so my yearly dividends will increase by $9.93.
How much pressure is Chevron feeling right now??
Also from the propane front, APU delivered some very welcomed news.
APU raises distribution 4.54%---New yield is 7.41%
I missed the announcement on Monday that APU is increasing its quarterly distribution from $.88 to $.92. This is a 4.54% increase and the new yield is 7.41%
The ex-dividend date is May 7th and the pay date is May 28th.
Since I own 76,99 shares my yearly dividends will increase by $12.32.