For the non believersHere is the stock price chart for December 2008 and look at the dividend the same as today. Look at historical oil prices in 2008 . Notice December 32.94 a barrel. Is our dividend safe . I think so. Don't panick this is best buying oportunioty you will ever see in your lifetime.
Dec 29, 2008 | 0.23 Dividend |
Dec 24, 2008 | 21.40 | 22.15 | 21.36 | 21.71 | 233,100 | 14.63 |
Dec 23, 2008 | 21.56 | 21.95 | 21.28 | 21.60 | 344,100 | 14.56 |
Dec 22, 2008 | 21.99 | 21.99 | 20.85 | 21.60 | 559,500 | 14.56 |
Dec 19, 2008 | 21.80 | 23.00 | 20.71 | 21.80 | 896,600 | 14.69 |
Dec 18, 2008 | 23.25 | 23.25 | 21.70 | 22.00 | 1,253,200 | 14.83 |
Dec 17, 2008 | 23.72 | 23.72 | 23.10 | 23.50 | 4,700 | 15.84 |
Dec 16, 2008 | 22.51 | 24.24 | 22.50 | 23.50 | 1,676,200 | 15.84 |
Dec 15, 2008 | 24.68 | 24.87 | 23.32 | 23.78 | 489,300 | 16.03 |
Dec 12, 2008 | 21.80 | 23.90 | 21.74 | 23.75 | 656,500 | 16.01 |
Dec 11, 2008 | 24.10 | 24.64 | 23.55 | 24.05 | 801,600 | 16.21 |
Dec 10, 2008 | 22.50 | 24.41 | 22.50 | 23.82 | 1,200,600 | 16.05 |
Dec 9, 2008 | 20.74 | 21.90 | 20.50 | 21.59 | 811,800 | 14.55 |
Dec 8, 2008 | 20.46 | 21.15 | 20.15 | 20.81 | 843,200 | 14.03 |
Dec 5, 2008 | 20.05 | 20.20 | 18.13 | 18.80 | 1,694,900 | 12.67 |
Dec 4, 2008 | 22.64 | 22.87 | 20.19 | 21.02 | 1,053,100 | 14.17 |
Dec 3, 2008 | 23.19 | 23.27 | 22.30 | 22.64 | 534,500 | 15.26 |
Dec 2, 2008 | 24.31 | 24.31 | 22.47 | 23.19 | 811,900 | 15.63 |
Dec 1, 2008 | 26.40 | 26.40 | 22.94 | 22.99 | 1,053,300 | 15.49 |
Nov 28, 2008 | 26.45 | 27.25 | 25.97 | 27.25 | 622,100 | 18.37 |
Nov 27, 2008 | 25.01 | 27.35 | 25.01 | 26.95 | 314,100 | 18.16 |
Nov 26, 2008 | 24.83 | 25.89 | 24.09 | 25.50 | 832,600 | 17.19 |
Nov 26, 2008 | 0.23 Dividend |
2008
January | $84.70 | July | $126.16 |
February | $86.64 | August | $108.46 |
March | $96.87 | September | $96.13 |
April | $104.31 | October | $68.50 |
May | $117.40 | November | $49.29 |
June | $126.33 | December | $32.94 |
| | 2008 Average | $91.48 |