Wednesday, April 26, 2017

XOM raises dividend 2.67% --- New yield is 3.77%





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:  1.61% --- $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

6 comments:

  1. Nice little raise. I missed out on buying oil companies when they were at their lowest.

    ReplyDelete
    Replies
    1. DM,

      If oil keep dropping you will have additional opportunities.

      MDP

      Delete
  2. you going to take a swing at BMS after weak earnings?

    ReplyDelete
    Replies
    1. AG,

      Thanks for pointing that out. I'm watching QCOM as well.

      MDP

      Delete
  3. MDP,

    It 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

    ReplyDelete
    Replies
    1. DG,

      Earning were solid today so that is great reinforcement. Keep adding and reinvesting!

      MDP

      Delete