Exxon's once-hefty dividend is now tiny. Here's how to fix that
CNBC Top News ·

With its recent rally, shares of oil giant Exxon Mobil now yield 2.7%, the lowest since 2014, and just a touch higher than what dating site Match Group pays its shareholders. …
With its recent rally, shares of oil giant Exxon Mobil now yield 2.7%, the lowest since 2014, and just a touch higher than what dating site Match Group pays its shareholders. Exxon's dividend has been one of the company's key selling points with investors, particularly of the retail variety. So what do you do now if you own shares for income purposes? Turn to options. Exxon currently presents a compelling case for a "buy-write with a twist" — otherwise known as a covered call spread. …
Original source: CNBC Top News