Wednesday, May 6, 2015

Recent Dividend Increases: XOM & PEP

XOM raised dividend from $0.69 to $0.73 which is a 5.80% increase. Nice!

I was expecting a raise from CVX but they kept the dividend constant for the 5th straight quarter. They still have some quarters left to increase it before it is officially a hold. To be honest, I was not too happy with them not increasing this month.

Pepsi increased from $0.655 to $0.7025. This is a very nice 7.25% increase. Way to go Pepsi!
I am not expecting dividend increases in a while (over the summer). The next dividend raise I'm expecting is Caterpillar which pays the raise in August.

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