Is Exxon A Good Dividend Stock?

by | Last updated on January 24, 2024

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With shares still more than 40% below the five-year high, there’s an argument that the stock price has plenty of room to run — even more incentive to buy ExxonMobil now. If you’re mainly looking at the dividend, the

6% yield at recent prices

is incredibly attractive.

Can Exxon keep paying dividends?


Exxon Mobil Will Keep Paying Its Dividend

, And May Be Worth 30% More. Exxon Mobil Corp. (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.

Is Exxon a good long term investment?

Exxon Mobil currently has a nearly 6% dividend yield. We expect the company to continue generating strong FCF and growing going forward. That’ll enable share buybacks and other forms of shareholder rewards. Putting these things together,

Exxon Mobil is a valuable long-term investment

.

Is Exxon undervalued?

Exxon Mobil (NYSE:XOM) stock looks like

it is significantly undervalued at today’s price

. … Oil and gas prices have been on the rise in the past year, especially as world economic growth has been gaining steam. Moreover, analysts expect earnings per share (EPS) to reach $3.87 this year, according to Yahoo!

Is Exxon a buy or sell?

Bottom line:

Exxon stock is not a buy and has entered sell range

. Investors can check out IBD Stock Lists and other IBD content to find dozens of the best stocks to buy or watch.

Is Exxon Mobil a good buy?

In short, ExxonMobil reported very strong Q2 results,

capping a very good first half of 2021

. However, the market has not responded favorably to its Q2 performance, as its share price has slipped slightly since the news was released. The energy market is arguably as turbulent as it has ever been.

Is CVX stock a buy or sell?

Bottom line:

Chevron stock is not a buy

. Investors looking for more stocks to buy can find companies with stronger, more consistent earnings growth and better stock technicals.

What dividend does Exxonmobil pay?

IRVING, Texas – The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of

$0.87 per share

on the Common Stock, payable on September 10, 2021 to shareholders of record of Common Stock at the close of business on August 13, 2021.

What is the next dividend date for Exxonmobil?

In other words, investors can purchase Exxon Mobil’s shares before the 12th of August in order to be eligible for the dividend, which will be paid on the

10th of September

. The company’s next dividend payment will be US$0.87 per share, on the back of last year when the company paid a total of US$3.48 to shareholders.

Will CVS stock go up?

The 22 analysts offering 12-month price forecasts for CVS Health Corp have a median target of 97.15, with a high estimate of 114.00 and a low estimate of 80.00. The median estimate represents a

+14.48% increase

from the last price of 84.86.

Is cop stock a buy?

ConocoPhillips has received a

consensus rating of Buy

. The company’s average rating score is 3.00, and is based on 17 buy ratings, 1 hold rating, and no sell ratings.

How high will Chevron stock go?

The 26 analysts offering 12-month price forecasts for Chevron Corp have a median target of 124.00, with a

high estimate of 155.00

and a low estimate of 105.00.

What stock paid the highest dividend?

Company Dividend yield
AT&T

(T) 6.93%
T Rowe Price (TROW) 6.15% ExxonMobil (XOM) 5.80% Chevron (CVX) 5.05%

What is a good dividend yield?

Many factors, including the overall market, interest rates and the individual company’s financial situation, can influence dividend yields. But usually from

2% to 6%

is considered a good dividend yield.

What stocks pay dividends monthly?

  • AGNC Investment Corp. ( ticker: AGNC) …
  • Gladstone Capital Corp. ( GLAD) …
  • Horizon Technology Finance Corp. ( HRZN) …
  • LTC Properties Inc. ( LTC) …
  • Main Street Capital Corp. ( MAIN) …
  • PennantPark Floating Rate Capital Ltd. ( PFLT) …
  • Pembina Pipeline Corp. ( PBA)

How often does Apple pay a dividend?

How Often Does Apple Pay Dividends? Like most US-based companies that pay dividends, Apple makes four dividend payments per year, which means that investors get a dividend payment

every quarter

.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.