How To Earn $500 A Month From Exxon Mobil After Pioneer Deal
Portfolio Pulse from Lisa Levin
Exxon Mobil Corporation (XOM) has announced a definitive agreement to acquire Pioneer Natural Resources Company (PXD) in an all-stock transaction valued at $59.5 billion. The deal is expected to close in the first half of 2024. Exxon Mobil offers an annual dividend yield of 3.42%, and investors can earn $500 per month or $6,000 annually from dividends alone with an investment of approximately $175,496 or around 1,648 shares.
October 12, 2023 | 1:19 pm
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POSITIVE IMPACT
Pioneer Natural Resources is being acquired by Exxon Mobil in an all-stock transaction.
The acquisition by Exxon Mobil could potentially increase the value of Pioneer Natural Resources' shares, making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Exxon Mobil's acquisition of Pioneer Natural Resources and its dividend yield could attract investors.
The acquisition could potentially strengthen Exxon Mobil's position in the market, making it more attractive to investors. Additionally, the company's dividend yield could provide a steady income for investors, potentially boosting the stock's appeal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100