XOM with a 3% dividend is a great deal. The payout ratio is ridiculously low, leaving plenty of room for increases. XOM also has a history of raising divy payments.I am more than willing to collect my 3% guaranteed money and wait for the BP hole to be plugged and the market to wake up.Besides, its not like you can get anything out of MM accounts or CD's
my God you guys are dumb.. Look if you think 3% is good rate of return for the risk inherent in this market then, God Bless you GOD HATES A COWARD! HOWEVER, me, well I'll take 5 percent anyday that is where we are headed I like EXXON IN THE 40'S not in the high 50's..Happy July 4th, I will be drinking GT's with your $$$$Bye
Buy now and also get a 30+% return on the stock gain within the next year.
Buy half now and more later if we tank big time and hang on tight.