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XOM the King

ExxonMobil (NYSE: XOM) is the king of shareholder yield. The company is a pioneer in returning value to shareholders through dividends and share buybacks. In the last five years alone, ExxonMobil's share count has been reduced by 16%. A hearty serving of share buybacks and dividends keeps ExxonMobil management disciplined in an industry full of wildcat empire-building management teams. The benefits of high shareholder yield are evident as the company has outperformed the market consistently over the last 37 years. If I could own only one stock, it just might be XOM.

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This page contains a single entry from the blog posted on August 8, 2007 11:48 AM.

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