Tuesday, January 28, 2014
Exxon Mobil – Dividends, Anyone?
Exxon Mobil Corporation (XOM) is one of the 51 companies ranked as S&P 500 Dividend Aristocrats. And for good reason*: it has increased annual dividends by an average 6% each year for the last 31 years, and paid dividends for the past 100.
*For a company to make it to this list, it should have consistently increased annual dividends for at least 25 consecutive years.
More recently, its dividend payouts have been increased at an average rate of 12.2% each year in the last three years, and its stock’s dividend yield over fiscal 2013 (FY13; ended December 31, 2013) is a respectable 2.46%.
Read More : XOM - CVX - RDS.A - BP