Exxon stock dividends

Exxon stock dividends DEFAULT

Exxon Mobil Corporation's (NYSE:XOM) investors are due to receive a payment of US$0.87 per share on 10th of September. Based on this payment, the dividend yield will be 6.0%, which is fairly typical for the industry.

Check out our latest analysis for Exxon Mobil

Exxon Mobil's Distributions May Be Difficult To Sustain

We aren't too impressed by dividend yields unless they can be sustained over time. Exxon Mobil is unprofitable despite paying a dividend, and it is paying out 376% of its free cash flow. This makes us feel that the dividend will be hard to maintain.

Recent, EPS has fallen by 30.7%, so this could continue over the next year. This means the company will be unprofitable and managers could face the tough choice between continuing to pay the dividend or taking pressure off the balance sheet.

historic-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. This means that it has been growing its distributions at 7.1% per annum over that time. Dividends have grown at a reasonable rate over this period, and without any major cuts in the payment over time, we think this is an attractive combination as it provides a nice boost to shareholder returns.

Dividend Growth Potential Is Shaky

Investors could be attracted to the stock based on the quality of its payment history. Unfortunately things aren't as good as they seem. Exxon Mobil's earnings per share has shrunk at 31% a year over the past five years. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough.

Exxon Mobil's Dividend Doesn't Look Sustainable

In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Exxon Mobil's payments, as there could be some issues with sustaining them into the future. Although they have been consistent in the past, we think the payments are a little high to be sustained. We don't think Exxon Mobil is a great stock to add to your portfolio if income is your focus.

Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 1 warning sign for Exxon Mobil that investors should know about before committing capital to this stock. We have also put together a list of global stocks with a solid dividend.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Sours: https://www.yahoo.com/now/exxon-mobil-nyse-xom-affirmed-071007059.html

Dividend History for Exxon Mobil (xom)

  |   Expand Research on xom

Price: 62.06  |   Annualized Dividend: $3.48  |   Dividend Yield: 5.6%

Ex-Div. DateAmountTypeYieldChangeDecl. DateRec. DatePay. DateDetails
8/12/2021$0.87Quarter6.1%N/A7/29/20218/13/20219/10/2021Details
2/9/2021$0.87Quarter6.9%N/A1/28/20212/10/20213/10/2021Details
11/10/2020$0.87Quarter9.5%N/A10/28/202011/12/202012/10/2020Details
8/12/2020$0.87Quarter5.6%N/A7/29/20208/13/20209/10/2020Details
5/12/2020$0.87Quarter7.9%N/A4/29/20205/13/20206/10/2020Details
2/10/2020$0.87Quarter5.8%N/A1/29/20202/11/20203/10/2020Details
11/8/2019$0.87Quarter4.9%N/A10/30/201911/12/201912/10/2019Details
8/12/2019$0.87Quarter5%N/A7/31/20198/13/20199/10/2019Details
5/10/2019$0.87Quarter4.5%N/A4/24/20195/13/20196/10/2019Details
2/8/2019$0.82Quarter4.4%N/A1/30/20192/11/20193/11/2019Details
8/10/2018$0.82Quarter4.1%N/A7/25/20188/13/20189/10/2018Details
5/11/2018$0.82Quarter4%+6.5%4/25/20185/14/20186/11/2018Details
2/9/2018$0.77Quarter4.1%N/A1/31/20182/12/20183/9/2018Details
11/9/2017$0.77Quarter3.7%N/A10/25/201711/13/201712/11/2017Details
8/10/2017$0.77Quarter3.9%N/A7/26/20178/14/20179/11/2017Details
5/10/2017$0.77Quarter3.8%+2.7%4/26/20175/12/20176/9/2017Details
2/7/2017$0.75Quarter3.6%N/A1/25/20172/9/20173/10/2017Details
11/8/2016$0.75Quarter3.5%N/A10/26/201611/10/201612/9/2016Details
8/10/2016$0.75Quarter3.5%N/A7/27/20168/12/20169/9/2016Details
5/11/2016$0.75Quarter3.4%+2.7%4/27/20165/13/20166/10/2016 
2/9/2016$0.73Quarter3.6%N/A1/27/20162/11/20163/10/2016Details
11/9/2015$0.73Quarter3.6%N/A10/28/201511/12/201512/10/2015Details
8/11/2015$0.73Quarter3.8%N/A7/29/20158/13/20159/10/2015Details
5/11/2015$0.73Quarter3.4%+5.8%4/29/20155/13/20156/10/2015Details
2/6/2015$0.69Quarter3%N/A1/28/20152/10/20153/10/2015Details
11/7/2014$0.69Quarter2.9%N/A10/29/201411/12/201412/10/2014Details
8/11/2014$0.69Quarter2.8%N/A7/30/20148/13/20149/10/2014Details
5/9/2014$0.69Quarter2.7%+9.5%4/30/20145/13/20146/10/2014Details
2/6/2014$0.63Quarter2.8%N/A1/29/20142/10/20143/10/2014Details
11/7/2013$0.63Quarter2.7%N/A10/30/201311/12/201312/10/2013Details
8/9/2013$0.63Quarter2.8%N/A7/31/20138/13/20139/10/2013Details
5/9/2013$0.63Quarter2.8%+10.5%4/25/20135/13/20136/10/2013Details
2/7/2013$0.57Quarter2.6%N/A1/30/20132/11/20133/1/2013Details
11/7/2012$0.57Quarter2.6%N/A10/31/201211/9/201212/10/2012Details
8/9/2012$0.57Quarter2.6%N/A7/25/20128/13/20129/10/2012Details
5/10/2012$0.57Quarter2.8%+21.3%4/25/20125/14/20126/11/2012Details
2/8/2012$0.47Quarter2.2%N/A1/25/20122/10/20123/9/2012Details
11/8/2011$0.47Quarter3%N/A10/26/201111/10/201112/9/2011Details
8/10/2011$0.47Quarter3%N/A7/27/20118/12/20119/9/2011Details

Like XOM Dividends? Also take a look at IMO, CVX, BP, FTAI

XOM Dividends News

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Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Exxon Mobil Corporation (NYSE:XOM) is about to go ex-dividend in just 4 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. 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. Last year's total dividend payments show that Exxon Mobil has a trailing yield of 6.0% on the current share price of $57.86. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing.

See our latest analysis for Exxon Mobil

Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Exxon Mobil reported a loss after tax last year, which means it's paying a dividend despite being unprofitable. While this might be a one-off event, this is unlikely to be sustainable in the long term. Given that the company reported a loss last year, we now need to see if it generated enough free cash flow to fund the dividend. If cash earnings don't cover the dividend, the company would have to pay dividends out of cash in the bank, or by borrowing money, neither of which is long-term sustainable. The company paid out 98% of its free cash flow over the last year, which we think is outside the ideal range for most businesses. Companies usually need cash more than they need earnings - expenses don't pay themselves - so it's not great to see it paying out so much of its cash flow.

Click here to see the company's payout ratio, plus analyst estimates of its future dividends.

historic-dividend

Have Earnings And Dividends Been Growing?

When earnings decline, dividend companies become much harder to analyse and own safely. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Exxon Mobil was unprofitable last year and, unfortunately, the general trend suggests its earnings have been in decline over the last five years, making us wonder if the dividend is sustainable at all.

Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Exxon Mobil has delivered an average of 7.1% per year annual increase in its dividend, based on the past 10 years of dividend payments.

Remember, you can always get a snapshot of Exxon Mobil's financial health, by checking our visualisation of its financial health, here.

Final Takeaway

From a dividend perspective, should investors buy or avoid Exxon Mobil? We're a bit uncomfortable with it paying a dividend while being loss-making, especially given that the dividend was not well covered by free cash flow. With the way things are shaping up from a dividend perspective, we'd be inclined to steer clear of Exxon Mobil.

So if you're still interested in Exxon Mobil despite it's poor dividend qualities, you should be well informed on some of the risks facing this stock. For example, we've found 1 warning sign for Exxon Mobil that we recommend you consider before investing in the business.

If you're in the market for dividend stocks, we recommend checking our list of top dividend stocks with a greater than 2% yield and an upcoming dividend.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Sours: https://www.yahoo.com/now/dividend-investors-dont-too-quick-083456978.html
Exxon Stock Dividend Analysis (XOM Stock) Will Exxon Mobil Cut its Dividend or Will It Recover?

Dividend information

Latest announced dividend payment

RateEx-dividend DateRecord DatePayment Date
$0.87 shareAug. 12, 2021Aug. 13, 2021Sep. 10, 2021

Three ways for shareholders to receive dividends

For dividends paid to shareholders who have shares registered in their name, there are three alternatives:

  • Direct Deposit: The dividend payment is transferred by electronic funds on the dividend payable date directly to your checking or savings account.
  • Check: You may have your dividend checks sent directly to your residence or bank.
  • Dividend Reinvestment: You may automatically reinvest all or part of your dividends in additional shares of ExxonMobil stock through the Computershare Investment Plan for ExxonMobil Common Stock. 

For more information on dividend payment options, call:
ExxonMobil Shareholder Services

1-800-252-1800 (within the U.S. and Canada)
1-781-575-2058 (outside the U.S. and Canada)

1Ex-dividend date is one business day before the record date. Dividends are paid to shareholders of record on the record date. Shares must be purchased before the ex-dividend date to settle by the record date and be entitled to receive the dividend.

20212020 2019201820172016 20152014201320122011201020092008
1st Quarter $0.87 $0.87 $0.82$0.77$0.75$0.73$0.69$0.63$0.57$0.47$0.44$0.42$0.40$0.35
2nd Quarter $0.87 $0.87  $0.87$0.82$0.77$0.75$0.73$0.69$0.63$0.57$0.47$0.44$0.42$0.40
3rd Quarter $0.87 $0.87  $0.87$0.82$0.77$0.75$0.73$0.69$0.63$0.57$0.47$0.44$0.42$0.40
4th Quarter -- $0.87 $0.87$0.82$0.77$0.75$0.73$0.69$0.63$0.57$0.47$0.44$0.42$0.40
Total $2.61 $3.48 $3.43$3.23$3.06$2.98$2.88$2.70$2.46$2.18$1.85$1.74$1.66$1.55

ExxonMobil's dividend payments to shareholders have grown at an average annual rate of 6.1% over the last 38 years.

*Prior period amounts restated to reflect two-for-one stock split effective June 20, 2001.

Dividends / Warrants / Distribution
Historical dividend information (from 1911 to present) is available for download:

Sours: https://corporate.exxonmobil.com/Investors/Investor-relations/Dividend-information

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Is ExxonMobil's Dividend Safe? [XOM Stock]

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