Another hike came in today and i like it. one of the things that owners of stocks get is dividend raises and after time they all add up.
The Board of Directors of Exxon Mobil Corporation (XOM) today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on June 10, 2019 to shareholders of record of Common Stock at the close of business on May 13, 2019. This is 6.1% increase from prior dividend of $0.82.
Since i own 137 shares of this great company i will get an extra $27.40 a year.
So what does this mean for me? It means more money in my pocket or to be used to buy another stock. Who does not like more money.
O $.228 3rd raise
O $2.052 2nd raise
2019 total increases $96.138
Have you had any raises lately?