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Exxon's once-hefty dividend is now tiny. Here's how to fix that
CNBC· 2026-05-15 23:48
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. 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. This strategy allows investors to collect premium income while retaining a window for capital appreciation, a necessary feature when a stock ...