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With Gas at $4.48 a Gallon, Here's How Much ExxonMobil Stock You Need to Buy to Fill Up Your Tank

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With Gas at $4.48 a Gallon, Here's How Much ExxonMobil Stock You Need to Buy to Fill Up Your Tank
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AAA data puts the national average price for unleaded gasoline at about $4.48 per gallon, up from roughly $3.16 a year earlier. Diesel has risen even faster: on Sept. 22, AAA recorded the highest national average for diesel since it began tracking, at $6.53 per gallon. The piece then looks at ExxonMobil stock (NYSE: XOM). ExxonMobil pays a 2.54% dividend, and using a typical 14-gallon U.S. tank, refueling at $4.48 per gallon costs more than $60. It estimates investors would need about $2,400 in XOM to cover a single fill with dividends.

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