Today I add to my XOM position.
- XOM: 16 shares @ $68.47 --- Yield 5.08%
Total capital invested is $1095.52 and this purchase will increase my yearly dividends by $55.68.
XOM briefly traded at a 5% yield at the end of 2018 when I last added shares. Will add more if weakness continues. I am also closely watching HP (Helmerich & Payne) which is now trading in the high 30s and its yield is approaching 8%. I'll probably initiate a position around $35. Also Shell in the $40s and BP in the $20s will peak my interest if they get there.