Bottom-Fishing for Exxon

Welcome to Kiplinger's Closing Bell, our p.m. newsletter with daily market and financial insights to help you prosper. We hope you enjoy it. If you do not wish to receive this daily service, please [click here to unsubscribe.]( AUGUST 16, 2017 [View in browser]( [Kiplinger's Closing Bell]( DAILY INSIGHTS FOR INVESTORS [Bottom-Fishing for Exxon] Bottom-Fishing for Exxon The Dow is nearing its all-time high and yet one of its components, ExxonMobil, ended trading on Wednesday, August 16, at $77.47, its lowest closing price of the year. Low oil prices have hurt much of the energy sector in 2017, and [we don't expect prices to rise this year](. If you're a patient value investor, it's a good time to consider Exxon. The share price probably won't rebound much until oil prices do, but the dividend is the definition of reliability. Exxon has paid one since 1882, and over the past 34 years the dividend has increased at an average annual rate of 6.4%. The stock is currently yielding 3.9%. [6 More Reliable Dividend Stocks]( LATEST INVESTING NEWS FROM KIPLINGER.COM [How Well Do You Know Wall Street Jargon?]( [3 Small-Cap Stocks With Sizable Dividends]( [Why Fears About Muni Bonds are Unfounded]( [7 Companies Warren Buffett Should Buy Now]( [7 Lesser-Known Tech Stocks That Could Make You Rich]( [Time to Take Stock Profits? 4 Steps to Consider Now]( SPONSORED FINANCIAL CONTENT [Kiplinger] [Facebook]( [Twitter]( [Link In]( [Google+]( [Tumbler]( Send this to a friend. [Click here.]( All content ©2017 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 750 Washington, D.C. 20005 Welcome to Kiplinger's Closing Bell, our p.m. newsletter with daily market and financial insights to help you prosper. We hope you enjoy it. If you do not wish to receive this daily service, please [click here to unsubscribe.](