This means that XOM stock will continue to have a “strong” dividend yield of about 6.15%. It’s worth at least 32% more, or $74.63 per share, based on its historical dividend yield. For the past two years (8 quarters) Exxon has paid 87 cents per share in quarterly dividends.
Will Exxon cut their dividend?
Exxon won’t cut the dividend.
Will Exxonmobil stock ever recover?
Don’t bank on a bounce-back in 2021
On top of that, the oil market might recover, but Exxon could continue to sputter if its business underperforms expectations and its balance sheet doesn’t improve. It’s no sure thing that Exxon’s stock bounces back in the coming year.
Is XOM stock a buy or sell?
Bottom line: Exxon stock is not a buy and has entered sell range. Investors can check out IBD Stock Lists and other IBD content to find dozens of the best stocks to buy or watch.
Does XOM increase dividend in 2021?
Bank of America predicts Exxon will hike its dividend, shares will rise 45% A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021.
What stock pays highest dividend?
25 Top-Paying Dividend Stocks That Will Make You Rich
- Emerson Electric Company. Annual dividend: $2.00. …
- Aflac Inc. Annual dividend: $1.12. …
- Archer Daniels Midland. Annual dividend: $1.44. …
- Pepsico Inc. Annual dividend: $4.09. …
- Cincinnati Financial. …
- General Dynamics Corp. …
- Genuine Parts Company. …
- Raytheon Technologies Corp.
Does Tesla pay a dividend?
Does Tesla pay a dividend? … Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.
Does Apple pay a dividend?
A cash dividend payment of $0.22 per share is scheduled to be paid on May 13, 2021. Shareholders who purchased AAPL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.32% increase over prior dividend payment. At the current stock price of $128.1, the dividend yield is .
Is Exxon going out of business?
Based on the latest financial disclosure, Exxon Mobil Corp has a Probability Of Bankruptcy of 33.0%. This is 31.56% lower than that of the Energy sector and 23.45% lower than that of the Oil & Gas Integrated industry. The probability of bankruptcy for all United States stocks is 17.15% higher than that of the company.
Can Exxon go out of business?
While it is unlikely that Exxon is going to go out of business anytime soon, lingering low energy prices could lead to a dividend cut. … You might be better off with Chevron, which is on stronger financial footing, or Total, which is diversifying its business by adding electricity assets to its portfolio.
Is Exxonmobil a buy or hold candidate?
Exxon Mobil Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.