XOM needs to raise its dividend BIG-TIME immediately.
XOM under self-centered Rex Tillerson has NOT treated shareholders fairly. That's why the stock has been in a holding pattern for so long, compared with the other big oils. XOM Board needs to raise the dividend by 50% immediately, or the stockholder lawsuits should be coming soon (just like at AAPL).
Most of the news releases I have been reading the past year indicate that a dividend increase would be financially healthy for the company. They did raise it substantially last year. Right now I am sure the people who make decisions are weighting the benefits of buybacks vs dividends and are beginning to lean in the direction of the latter. I would bet on a reasonable dividend increase for June, maybe bigger than most of us expect???