XOM Dividend hike

Image result for xomAnother 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.

XOM $27.4

O $.228 3rd raise

MAIN $6.48

KO $1.20

PEG $33.77

WMT $.80

PPL  $.50

CVX $1.96

O $2.052  2nd raise

T $13.45

O .228

ABBV $7.04

IRM $1.034

2019 total increases $96.138

Have you had any raises lately?

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Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

4 thoughts on “XOM Dividend hike”

  1. Huge Fan of Exxon. They practically print money when they want and they have been doing it for the last 100 years! They are doing this too with a middle to low price of gas right now. If gas were to ever go to 100 dollars a barrel, they will be cashing in big time. Nathan – slow and steady wins the race.

    Liked by 1 person

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