Dividend Aristocrat Exxon Mobil (XOM) will raise its quarterly dividend by 6.5 percent to $0.82 per share in the second quarter of 2018. This marks the 36th consecutive year of dividend increases by the oil major.
The next XOM dividend of 82 cents is payable on June 11, 2018 to shareholders of record of Common Stock at the close of business in May 14, 2018. The new dividend yield for XOM is 4.0%.
Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for 36 consecutive years.
Exxon Mobil Corporation was incorporated in the State of New Jersey in 1882. The company's principal 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 a wide variety of specialty products. Affiliates of ExxonMobil conduct extensive research programs in support of these businesses. The company's brand names include ExxonMobil, Exxon, Esso, Mobil and XTO.