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. Exxon Mobil, despite speculation to the contrary, isn’t likely to cut its dividend anytime soon. 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 is currently paying $.87 per share on a quarterly basis. In fact, the energy giant is more likely to raise its quarterly payout. Unfortunately, projecting whether or not Exxon will have to cut its dividend in the future is tough to predict. Exxon (NYSE:XOM) pays $3.48 per share in dividends to its shareholders. Exxon Mobil Corp.’s current dividend yield of 8.18% is 101% above its 5-year average. As you’ll see, XOM’s revenue is highly affected by the price of oil. 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. If it were strictly based on market fundamentals, it’s tough to see how Exxon could avoid a dividend cut. Personal finances and investing insights that go beyond the basics. Find the latest Exxon Mobil Corporation (XOM) stock quote, history, news and other vital information to help you with your stock trading and investing. Exxon Mobil is considered one of the dividend aristocrats. Dividend.com: The #1 Source For Dividend Investing. Why is dividend investing a popular strategy for investors? Dividend History | Yields, dates, complete payout history and stock information. 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. That period encompasses some massive … The next ex-dividend date is estimated to be around August 12, 2020 for the September 2020 dividend payment. Dividend Summary. Exxon’s last ex-dividend date was May 12, 2020 for the June 10, 2020 dividend payment. 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): If you purchase the stock on or after this date, you will not receive the next dividend. The June dividend payment (May ex-dividend) is typically the quarterly dividend that gets increased going back many years. Over the past six years, XOM has issued more dividends than 98.64% of other dividend-issuing US stocks. While the XOM dividend has been a long-term consistent and reliable dividend, 2020 has brought unprecedented uncertainty to both the XOM dividend, specifically, and investing in the energy sector, generally. Exxon Mobil pays an annual dividend of $3.48 per share, with a dividend yield of 8.44%. Smart Dividend Stocks has the last 30 years of (NYSE:XOM) XOM dividend history and Exxon Mobil historical dividend yield data. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. 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. Find the latest dividend history for Exxon Mobil Corporation Common Stock (XOM) at Nasdaq.com. Free cash flow is defined as cash flow from operations minus capex spending. As you were browsing www.streetinsider.com something about your browser made us think you were a bot. If a company pays more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. If free cash flow is declining, it can introduce uncertainty with future dividend payments. Dividend history information is presently unavailable for this company. Debt of course. After completing the CAPTCHA below, you will immediately regain access to www.streetinsider.com. XOM is producing more trailing twelve month cash flow than only 1.25% of US dividend stocks. The first split for XOM took place on July 26, 1976. But Exxon Mobil’s dividend history should still continue to grow. Exxon pays its dividend quarterly. XOM Payout Ratio (TTM) data by YCharts This isn't new information, even if investors might find it a little disconcerting. So how is this gap made up? Historical dividend payout and yield for Exxon (XOM) since 1989. It’s also important to know some key dates as dividend investors: Declaration Date -> Ex-Dividend Date -> Record Date -> Payable Date. XOM Dividend History & Description — Exxon Mobil Corp Exxon Mobil operates or markets products in United States and other countries through its divisions and affiliated companies. Many analysts are wondering if the company might suspend the dividend altogether temporarily due to the crash in oil prices. The low interest rate environment has incentivized companies to use more debt, hoard less cash and continue increasing dividends and buybacks. Dividend Calendar; Dividend Reports; Dividend ... Exxon Mobil ( XOM ) News/Announcments: 2018-04-27: XOM: Exxon Mobil raises dividend … This could indicate that the company has never provided a dividend or that a dividend is pending. Future increases are unknown at this time. Exxon Mobil (XOM) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket If you are interested in www.streetinsider.com content, APIs are available. Moreover, by focusing on strong dividend companies, investors can earn a return without having to sell a stock. Exxon Mobil (XOM) has 5 splits in our XOM split history database. Now, we’ve got to touch on the price of oil over these years. 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