Exxon Mobil Corporation Announces Quarterly Dividend of $1.03 (NYSE:XOM)

Exxon Mobil Corporation (NYSE:XOMGet Free Report) declared a quarterly dividend on Friday, January 30th. Shareholders of record on Thursday, February 12th will be paid a dividend of 1.03 per share by the oil and gas company on Tuesday, March 10th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, February 12th.

Exxon Mobil has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 42 years. Exxon Mobil has a payout ratio of 52.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Exxon Mobil to earn $9.02 per share next year, which means the company should continue to be able to cover its $4.12 annual dividend with an expected future payout ratio of 45.7%.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $141.43 on Friday. The company has a market capitalization of $596.43 billion, a PE ratio of 20.56, a P/E/G ratio of 14.84 and a beta of 0.37. The stock has a 50-day moving average price of $122.80 and a two-hundred day moving average price of $116.10. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $142.34.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period last year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. Analysts expect that Exxon Mobil will post 7.43 EPS for the current year.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Company Profile

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Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Dividend History for Exxon Mobil (NYSE:XOM)

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