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Stock impact report

Cash In on the Stock Market Sell-Off. 3 Elite Dividend Stocks Now Yielding Around 4% to Buy and Boost Your Income. [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
While stock market sell-offs can be tough to stomach, there is a silver lining to downturns. Stock prices and dividend yields have an inverse relationship. So, as a stock's price falls, its dividend yield rises. Because of that, you can cash in on a stock market sell-off by locking in higher yields on some top dividend stocks ExxonMobil (NYSE: XOM) PepsiCo (NASDAQ: PEP) , and Prologis (NYSE: PLD) currently offer dividend yields of around 4%, which are great levels for these elite dividend stocks. Shares of ExxonMobil have tumbled more than 15% from their high point earlier this year. That slump has driven the oil giant's dividend yield up to around 4%. That's much higher than the dividend yield on the S&P 500 (around 1.4%). ExxonMobil increased its dividend payment by 4% earlier this year. That extended its annual dividend growth streak to 42 straight years -- a track record achieved by only 4% of companies in the S&P 500. The oil company is in a strong position to continue Show less Read more
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