Exxon Dividends
Question:
Why aren’t any of the major stock companies splitting their stock or raising their dividends, i.e. Exxon, IBM
Answer: Umm … Exxon Mobil has increased its dividend every year for at least 25 years at an average rate of more than 5% per year, and they just increased it by 14% this past quarter!
Umm … IBM just increased its dividend at the end of April by 25%! It has more than doubled the dividend since 2006!!
Exxon Mobil split its stock 2-for-1 in 2001.
What are you talking about?
Exxon Mobil Annual Meeting Draws Criticism