Is XOM going to cut dividend?

(NYSE:XOM) is not going to lower its dividend no matter what it costs the company. That point came out loud and clear from the company’s latest earnings conference call. This means that XOM stock will continue to have a “strong” dividend yield of about 6.15%. … Exxon clearly intends to maintain that dividend.

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 is the next ex dividend date for ExxonMobil 2020?

XOM Dividend History

Ex/EFF DATE TYPE CASH AMOUNT
11/10/2020 CASH $0.87
08/12/2020 CASH $0.87
05/12/2020 CASH $0.87
02/10/2020 CASH $0.87

Is Exxon a buy?

Bottom line: Exxon stock is not a buy and has entered sell range.

What is XOM dividend per share?

Exxon Mobil (NYSE:XOM) Dividend Information

Exxon Mobil pays an annual dividend of $3.48 per share, with a dividend yield of 5.98%.

How long do you have to own a stock for dividend?

In the simplest sense, you only need to own a stock for two business days to get a dividend payout. Technically, you could even buy a stock with one second left before the market close and still be entitled to the dividend when the market opens two business days later.

IMPORTANT:  Is Visa a dividend aristocrat?

How do ex-dividend dates work?

The ex-dividend date is usually set for stocks one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Is XOM 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.

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.

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.

Investments are simple