Is XOM a good dividend stock?

Is Exxon a good dividend stock?

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.

How safe is XOM dividend?

Exxon Mobil Corp (Symbol: XOM) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 7.4% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

Is XOM a buy or sell?

The Exxon Mobil Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

Does XOM raise dividends 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.

Did Exxon increase their dividend?

Exxon didn’t raise its dividend last year, after increasing it for 37 years in a row. … By 2030, the dividend would cost Exxon more than $23 billion. But Leggate also foresees Exxon’s operating cash flow rising, to $47 billion in 2030 from $37 billion this year.

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Can Exxon go 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.

How much dividend does XOM pay?

A cash dividend payment of $0.87 per share is scheduled to be paid on June 10, 2021. Shareholders who purchased XOM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that XOM has paid the same dividend. At the current stock price of $62.58, the dividend yield is 5.56%.

Is BP a buy sell or hold?

BP has received a consensus rating of Hold. The company’s average rating score is 2.38, and is based on 10 buy ratings, 9 hold ratings, and 2 sell ratings.

Is Exxonmobil stock expected to go up?

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 66.50, with a high estimate of 90.00 and a low estimate of 57.00. The median estimate represents a +13.79% increase from the last price of 58.44.

What is Apple stock dividend?

Dividend History

Declared Record Amount
April 30, 2020 May 11, 2020 $.82
January 28, 2020 February 10, 2020 $.77
October 30, 2019 November 11, 2019 $.77
July 30, 2019 August 12, 2019 $.77
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