While Exxon made a lot of money (for it's shareholders), the numbers 
are rhetoric when you consider the size of the company.  Remember, it 
is people who own this company, some of them retirees (not me, unfortunately).

To put it into perspective, the annual dividend is $5.57/share or 
8.4% on your investment.

In order to receive enough in dividends to pay for your own gasoline 
for a year assuming 12,000 miles/year in an average vehicle, you 
would need to own about 400 shares at 66.25/share which means 
shelling out about $26,500.  That doesn't include appreciation in the 
share price but it also ignores that you would have to pay tax on the 
dividends.

I suggest you buy some shares and get over it!


At 04:40 PM 7/27/2006, Michael Baier wrote:
>http://money.cnn.com/2006/07/27/news/companies/exxon/index.htm?cnn=yes
>
>Exxon Mobil makes more than $10 billion
>No. 1 U.S. oil company earns $1,318 a second - topping forecasts - but
>comes in just shy of a record.
>By Steve Hargreaves, CNNMoney.com staff writer
>July 27 2006: 4:27 PM EDT
>


Brian Duncombe  [log in to unmask]
"Women and cats will do as they please, and men and dogs should relax 
and get used to the idea."
Robert A. Heinlein

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