Look for the quarterly dividend announcement tomorrow. XOM typically announces the Wednesday before earnings. We should see an increase with this quarterly release. Possibly as much as 7 cents per share per quarter, resulting in new yearly number of $2.56.
$2.50 would be nice but the advice the Harvard boys give the CEO is nowadays so erratic. Common sense would dictate a higher dividend.But empiricism and logic are no longer part of the greater Western culture. Today it's all fantasy and belief with screwy background music as is in the TV commercials.. Yeehaw! Y'all!