On February 6, 2003 Exxon Mobil stock was worth $33.35. On February 1, 2008 the price per share was $85.95. Here is a nice fun little chart to play with.
Not only would your wealth have increased due to the price increase, but your dividends would have increased from .23/share on that February day in 2003 to .35 on December 21, 2007.
Now, not being an economist or having an MBA or any other sort of finacial education, what exactly has Exxon Mobil done to deserve the massive profits ($40,600,000,000) they have reaped?
* that's a lot of zeroes
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1 comment:
And that would be why I don't buy gas from Exxon Mobile anymore.
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