Unreal??? Greedy Wall street??
In June 2010, I bought CVX @ 68, TOT @ 45 and RDS-A @ 51.50. Their respective annual dividends then were $2.88 (.72/q), $3.06 and 3.28 (.84/q).
Now, 3 years later, CVX is almost double, TOT lingers around $50 and and RDS-A around $65. CVX has raised its dividend by almost 40% ... others are pretty much flat.
Comparing the share prices of two companies to determine which is a better buy is not smart at all.
I like CVX over RDS, XOM, and BP because:
1) Dividend growth rate
2) Asset Quality and Future cash flow generation from those assets.
3) Return on Assets, Equity, and Invested Capital
Sure, CVX doesn't yield as much as RDS, but I'm willing to give up some pretax 2% yield for a potential 10%+ return in the shareprice of CVX over the long run.
You mean there is actually a cheap stock out there??? When this market finally drops it could be quite a fall from these levels!!! I`m much more inclined to sell everything here than buy!!!
do you fear stocks that have a p/e of 10 or less? I know in a correction all will fall but how would you like to be in TSLA with a correction happening?