Today XOM announced that it is increasing it's dividend from $.75 to $.77. This represents a 2.67% and pushes the yield up to 3.77%. Considering oil prices remain depressed, this is pretty good news in my opinion.
The ex-dividend date is May 10th and the pay date is June 9th.
Since I currently own 146.32 shares, my yearly dividends will increase by $11.70.
2017 Dividend Raises
OHI: 1.64% --- $3.20
KMB: 5.43% --- $8.03
GILD: 10.64% --- $10.49
CSCO: 11.54% --- $13.92
TROW: 5.56% --- $9.09
KO: 5.71% --- $20.96
QCOM: 7.5% --- $7.20
PG: 3.00% --- $2.43
OHI: 1.64% --- $3.20
KMB: 5.43% --- $8.03
GILD: 10.64% --- $10.49
CSCO: 11.54% --- $13.92
TROW: 5.56% --- $9.09
KO: 5.71% --- $20.96
QCOM: 7.5% --- $7.20
PG: 3.00% --- $2.43
OHI: 1.61% --- $6.46 (2nd Raise)
SO: 3.57% --- $7.41
UL: 12% --- $15.36
XOM: 2.67% --- $11.70
Total yearly dividend increase is $116.25
Nice little raise. I missed out on buying oil companies when they were at their lowest.
ReplyDeleteDM,
DeleteIf oil keep dropping you will have additional opportunities.
MDP
you going to take a swing at BMS after weak earnings?
ReplyDeleteAG,
DeleteThanks for pointing that out. I'm watching QCOM as well.
MDP
MDP,
ReplyDeleteIt was nice to see, even though oil has had a bumpy road of late.
Long XOM as well (and a few of your other stocks with raises).
- Gremlin
DG,
DeleteEarning were solid today so that is great reinforcement. Keep adding and reinvesting!
MDP