How To Earn $500 Per Month From Exxon Mobil Stock
Portfolio Pulse from Shankar Iyer
Exxon Mobil Corp. (XOM) has a market cap exceeding $414 billion, with a 52-week price range of $98.02 to $120.07. The dividend for Q3 2023 was $0.91 per share, up from $0.88 in 2022. To earn $500 per month from Exxon dividends, an investment of approximately $165,290 is needed, assuming a dividend yield of 3.63%. The article emphasizes that dividend yields can change due to stock price fluctuations or dividend payment adjustments.
December 05, 2023 | 2:55 pm
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Exxon Mobil's dividend increased to $0.91 per share for Q3 2023, with a total payout of $11.1 billion. An investment of $165,290 is required to earn $500 per month, based on the current dividend yield of 3.63%.
The article provides a positive outlook on Exxon Mobil's dividends, indicating an increase from the previous year. This could attract income-focused investors, potentially increasing demand for XOM shares in the short term. However, the impact is moderated by the caution that dividend yields are subject to change with stock price movements.
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