On 24th of April Exxon Mobil (XOM) announced their yearly dividend raise. It's quarterly dividend was raised from $ 0,82 to $ 0,87, which is a 6% increase. Since I own 17 shares, my annual dividend income grows by about € 3 before taxes. Not much but I'll take it any day!
This marks the 6th dividend raise I receive from XOM since purchasing shares back in 2013. The average dividend growth during this period is roughly 6%. Coupled with a dividend yield of 4% makes this a reasonable investment. Nothing special, but still ok.
In 2019 I received 13 dividend raises so far. My annual dividend income increased by € 38 (before taxes). Exxon's raise is about average. In any case, let's keep 'em coming!
This marks the 6th dividend raise I receive from XOM since purchasing shares back in 2013. The average dividend growth during this period is roughly 6%. Coupled with a dividend yield of 4% makes this a reasonable investment. Nothing special, but still ok.
In 2019 I received 13 dividend raises so far. My annual dividend income increased by € 38 (before taxes). Exxon's raise is about average. In any case, let's keep 'em coming!
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