How Often Does XOM Pay Dividends?

What are the safest high dividend stocks?

3 Safest High-Yielding Dividend StocksEnterprise Products Partners L.P.

(NYSE: EPD) The first one is a master limited partnership or MLP.

This is typically a pipeline company for oil and gas.

Preferred Apartment Communities Inc.

(NYSE: APTS) …

People’s United Financial, Inc.

(Nasdaq: PBCT).

Is Exxon going 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. And the oil space, which is what drives the company’s top and bottom lines, is clearly in flux today.

Does Exxon have a lot of debt?

Based on Exxon Mobil’s balance sheet as of August 5, 2020, long-term debt is at $46.56 billion and current debt is at $22.95 billion, amounting to $69.52 billion in total debt. Adjusted for $12.58 billion in cash-equivalents, the company’s net debt is at $56.94 billion.

Is Exxon undervalued?

Exxon’s shares appears undervalued just based on valuation alone. Although the market may be underestimating Exxon’s earnings power, analysts are not making the same mistake.

What are the best stocks to buy right now?

Best Value StocksPrice ($)Market Cap ($B)Brighthouse Financial Inc. (BHF)29.632.8Brookfield Property REIT Inc. (BPYU)14.580.7NRG Energy Inc. (NRG)33.048.12 more rows

Is Exxon a good dividend stock?

With 37 consecutive annual dividend-paying increases, ExxonMobil is a valuable Dividend Aristocrat, with an average dividend growth rate of 6.2% in its 37-year history. The company has a quarterly dividend of $0.87 that would convert to a $3.48 annual distribution and offer an 8.01% forward dividend yield.

Is Exxon a buy or sell?

Exxon Mobil Corporation – Sell Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of XOM, demonstrate its potential to underperform the market. It currently has a Growth Score of D.

Why did Exxon Mobil stock go down?

Rising debt levels and mega capital spending plans in an unfavorable oil price environment led to a steep fall in the stock’s price over the past few years. … ExxonMobil stock has fallen more than 40% in 2020.

What months does XOM pay dividends?

Exxon Mobil Corporation (XOM) will begin trading ex-dividend on August 12, 2020. A cash dividend payment of $0.87 per share is scheduled to be paid on September 10, 2020. Shareholders who purchased XOM prior to the ex-dividend date are eligible for the cash dividend payment.

Does XOM increase dividend in 2020?

It didn’t do that in 2020, holding the dividend the same as the first quarter. … And Exxon can maintain the increase streak into next year so long as the dividend is increased no later than the fourth quarter of 2021.

Does XOM pay dividends?

Exxon has paid a dividend for 37 years, and Chevron’s streak is almost as long. Exxon has “a long history of providing a reliable and growing dividend.

Is XOM dividend safe?

For now, management has said the dividend is safe.

Will Exxon ever recover?

Long-Term Investors Should Look at Exxon Oil prices will eventually recover as higher-cost producers leave the market. “Global oil supply is set to tumble by a massive 7.2 mb/d on average in 2020,” wrote the International Energy Agency (IEA) in its June report.

Is Exxonmobil a good long term investment?

An Over 8% Dividend Makes Exxon a Long-Term Hold The dividend alone is a reason to consider holding XOM for the long-term at its current share price. The average dividend yield of the S&P 500 is around half the level offered by XOM shares. XOM has reported profits in three of the past four quarters.

Is Exxon Mobil a good buy?

There’s no way to sugarcoat it: Oil giant ExxonMobil (NYSE:XOM) has had a very, very bad year. Shares are down more than 35% year to date. Of course, the last few years haven’t been all that great for the company, either: ExxonMobil’s stock has lost more than 45% of its value over the past three years.