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Is Exxonmobil dividend safe?
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.
How stable is XOM dividend?
Exxon Mobil Has A Solid Track Record
The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Since 2011, the first annual payment was US$1.76, compared to the most recent full-year payment of US$3.48.
Can Exxon go out of business?
Based on the latest financial disclosure, Exxon Mobil Corp has a Probability Of Bankruptcy of 30.0%. This is 37.79% lower than that of the Energy sector and 30.41% lower than that of the Oil & Gas Integrated industry. The probability of bankruptcy for all United States stocks is 24.68% higher than that of the company.
Is ExxonMobil a good long term investment?
With a $265 billion market cap, it can pay an almost 6% dividend yield and still have ~7% of its cash flow leftover. That’s a 13% cash flow yield can be used to pay down debt, share buybacks, or other rewards. All of this makes Exxon Mobil a valuable long-term investment for shareholders.
How many times a year does XOM pay dividends?
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.1.
Does XLE pay dividends?
Dividend: 20-Dec $0.592 (Est.)
Does ExxonMobil have a future?
ExxonMobil plans capital spending of $16-$19 billion in 2021 and $20-$25 billion per year through 2025 on high-return, cash-accretive projects. … The company also reduced cash operating expenses by 15 percent in 2020 and expects permanent structural savings of $6 billion a year by the end of 2023 versus 2019.
Does XOM have a future?
The 26 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 66.00, with a high estimate of 90.00 and a low estimate of 55.00. The median estimate represents a +5.43% increase from the last price of 62.60.
Is Exxon a safe stock?
Exxon Mobil has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 6.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.