2018 buy number 5 and dividend hike XOM

image Yes the big double a buy and dividend hike on the same day i knew  the hike was getting close but not sure when it would happen.

When my mom gave me her Morgan Stanley  account, it came with $2,000 dollars in  cash wich earns a paltry bit of interest. of course i missed the episode a few weeks ago where it dropped to $73. something. It may go up more it may drop more im not really trying to time the market but when i looked this morning and seen that XOM was $78.05 I had to pull that trigger.

A little about XOM.

Exxon Mobil Corporation (XOM) is the largest of the vertically integrated oil majors, as well as the largest publicly-traded corporation in the world by revenue. It was created on November 30, 1999, by the merger of Exxon and Mobil. The company has several divisions and hundreds of affiliates, including Exxon Mobil, Exxon, Esso, and Mobil.

The firm generates the majority of its income from liquid and natural gas sales, with earnings of $19.7 billion in 2017. The geographical diversity of Exxon Mobil’s exploration and production (E&P) activities make it less vulnerable to the regional production uncertainties that plague the industry. The company is also an international leader in the downstream refining industry with over 5,000 owned/leased retail stations and 4.9 million barrels per day of refining capacity at the end of 2017.

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CVX dividend hike

image who loves dividend hikes? Well me for one. no matter how big or how small. This one while a nice one was also small as I have a small amount of shares.

SAN RAMON, Calif.–(BUSINESS WIRE)– The Board of Directors of Chevron Corporation (NYSE:CVX) today declared a quarterly dividend of one dollar and twelve cents($1.12) per share, payable March 12, 2018, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2018.

This increase puts Chevron on track to make 2018 the 31st consecutive year with an increase in annual dividend payout.

This is a small raise as i have 2.04 shares it equals .32 cents a year. but over the course of a few years will turn into a lot.

CVX .32

OHI $5.92

O- $1.08

announced 2017 effective 2018

T $2.028

O-.0825

2018-total raises is $9.43

Have you had any raises lately?

Disclaimer: Long all stocks mentioned