Interestingly, this streak is at risk as the company announced in late April that it is maintaining the $.87 per share payout for the dividend to be paid on June 10, 2020. To provide a more thorough background as we analyze the XOM dividend further, let’s look at how Exxon’s business has been doing in recent years. Exxon Mobil (XOM) has 5 splits in our XOM split history database. Exxon Mobil Corp.’s current dividend yield of 8.18% is 101% above its 5-year average. Chart. Over the past six years, XOM has issued more dividends than 98.64% of other dividend-issuing US stocks. So the dividend yield for XOM stock is 9.8%. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. This also doesn’t take into account the share buybacks the company has done in recent years where billions more were spent. The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on December 10, 2020 to shareholders of record of Common Stock at the close of business on November 12, 2020. This indicates the stock may be undervalued today. a company like Amazon pays no dividend currently). Debt of course. To capture the dividend payout, an investor must own the stock prior to the ex-dividend date. It’s also important to know some key dates as dividend investors: Declaration Date -> Ex-Dividend Date -> Record Date -> Payable Date. The Ex-Dividend is usually one business day before the Record Date, which is date by which you must be on the company’s records as a shareholder in order to receive the dividend. Find the latest Exxon Mobil Corporation (XOM) stock quote, history, news and other vital information to help you with your stock trading and investing. JavaScript needs to be enabled to complete CAPTCHA. The table below shows the payment history and dividend yield for Exxon Mobil: Download Excel file Historical Annual Data on Dividends & their Growth, Exxon Mobil (XOM) Year Last Stock Price Avg. Exxon is currently paying $.87 per share on a quarterly basis. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.1. For investors, the XOM dividend has long been a stalwart of the investment thesis in owning shares of this company. While some of the ramifications of the coronavirus crisis are still to be seen, we can look at the cash flow and debt levels of Exxon as we further analyze XOM dividend sustainability moving forward. Simply put, Exxon wasn’t well positioned for a major crisis in commodity prices and crashing demand in 2020. Rather than beefing up a rainy day fund for these types of environments, Exxon was spending all of its free cash flow and then some on dividends and buybacks. Moreover, by focusing on strong dividend companies, investors can earn a return without having to sell a stock. The next ex-dividend date is estimated to be around August 12, 2020 for the September 2020 dividend payment. After completing the CAPTCHA below, you will immediately regain access to www.streetinsider.com. Find the latest dividend history for Exxon Mobil Corporation Common Stock (XOM) at Nasdaq.com. As of early 2020, the XOM dividend has been increased 37 consecutive years. Last but not least, the Payable Date is when the dividend is actually paid and you will see the money in your account. 2015 and 2016 saw much lower oil prices and XOM revenue was less than $250 billion in each of the years between 2015 and 2017. Dividend aristocrats refer to companies that have raised the dividend every year for at least 25 years. The 5-year average dividend yield is 4.06% (see red-line in chart). Will the dividend be cut? Not only can dividend growth investors count on a steady stream of payments while holding a stock, but they can count on those payments increasing over time. Max drawdown was only -22.6% vs. -33.6 of S&P 500. Exxon (NYSE: XOM) pays $3.48 per share in dividends to its shareholders.Will the dividend be cut? Dividend aristocrats refer to companies that have raised the dividend every year for at least 25 years. This was a 2 for 1 split, meaning for each share of XOM owned pre-split, the shareholder now owned 2 shares. Dividend Yield and Dividend History Highlights. Exxon Mobil (XOM) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket Future increases are unknown at this time. The previous Exxon Mobil Corp. dividend was 87c and it went ex 2 months ago and it was paid 25 days ago. XOM Payout Ratio (TTM) data by YCharts This isn't new information, even if investors might find it a little disconcerting. Dividend investors love dividends because they can count not just on share price appreciation, but they can bank on a steady stream of payments while holding the investment. The NLF portfolio is now positive on year, S&P still down 9%. XOM Stock Historical Dividends and Yields - Exxon Mobil Corp : Stock dividend history, yield and payout ratio data. Essentially, free cash flow tells us what’s left after operations to pay for things like dividends after paying for other items such as overhead, research and development, marketing and other capital expenditures and investments. Free cash flow is defined as cash flow from operations minus capex spending. Like much of corporate America, Exxon has been feasting on debt in this 2010’s low interest rate environment. As of year-end 2019, Exxon had nearly 24,000 operated wells with proved reserves over 22 billion oil-equivalent barrels. But Exxon Mobil’s dividend history should still continue to grow. XOM Dividends Get information about Exxon Mobil dividends and ex-dividend dates. From the 2012 to the end of 2019, Exxon increased its long term debt from just under $8 billion to over $26 billion. Exxon last increased its dividend in April of 2019. So the dividend yield for XOM stock is 9.8%. Still, seeing this company potentially end a 37 year streak is not trivial. You reached this page when attempting to access https://www.streetinsider.com/dividend_history.php?q=XOM from 172.104.58.38 on 2021-01-06 13:16:59 UTC. Exxon Mobil Corp's next dividend payment date has not been announced yet. As you were browsing www.streetinsider.com something about your browser made us think you were a bot. So how is this gap made up? Exxon Mobil is considered one of the dividend aristocrats. Co.'s business involves exploration for, and production of, crude oil and natural gas and manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and other products. Exxon (NYSE:XOM) pays $3.48 per share in dividends to its shareholders. While dividends are an important part of investing, most financial advisors recommend focusing on a total return view of investing and maintaining a broad diversification of holdings across stocks. XOM's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! For example, a 1000 share position pre-split, became a 2000 share position following the split. But to make this kind of prediction would require also knowing what kind of government policy will be enacted to provide aid to companies such as Exxon. In the last year, Exxon Mobil paid out 102% of its profit as dividends. So far, not. Unfortunately, projecting whether or not Exxon will have to cut its dividend in the future is tough to predict. A dividend growth dream ExxonMobil has been able to increase its dividend every year dating back to the 1980s. Exxon Mobil Corporation declares fourth quarter dividend IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on December 10, 2019 to shareholders of record of Common Stock at the close of business on November 12, 2019. Exxon Mobil Corp. (XOM) Dividend History. In fact, the energy giant is more likely to raise its quarterly payout. The June dividend payment (May ex-dividend) is typically the quarterly dividend that gets increased going back many years. While the price of oil and XOM revenue rebounded slightly in 2018 and 2019, we now know that oil has utterly crashed in 2020 and the resulting revenue declines are yet to be seen. Below is the dividend history and details which includes announcement data, ex-dividend date, dividend amount, record date and payment date as available with FKnol for the company Exxon Mobil Corporation (XOM): Total return of course referring to the combination of dividend based returns and share price appreciation. This constant stream of payments can be useful for things like retirement planning or just be a healthy contribution to a total return picture of investing. The Declaration Date is when a company officially announces it will pay a dividend. XOM is producing more trailing twelve month cash flow than only 1.25% of US dividend stocks. If it were strictly based on market fundamentals, it’s tough to see how Exxon could avoid a dividend cut. So we need to form a view on if a company’s dividend is sustainable, relative to its net profit after tax. ExxonMobil's dividend payments to shareholders have grown at an average annual rate of 6.1% over the last 38 years. XOM's most recent quarterly dividend payment was made to shareholders of record on Thursday, December 10. Exxon Mobil (NYSE: XOM) used to be a staple stock in many retirement portfolios, though renewable energy and sustainable investing growth are pushing some investors away. Dividend growth investing typically refers to investing in stocks with a long history of increasing its dividend payments. Exxon Mobil Corporation (XOM) Dividend Growth History: By month or year. If a company pays more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. Dividend aristocrats is a popular list of companies that have raised its dividend every year for at least 25 years. If free cash flow is declining, it can introduce uncertainty with future dividend payments. Dividend Summary. On top of that, energy prices have dropped, and this has squeezed margins. If you are interested in www.streetinsider.com content, APIs are available. 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