Monday, August 10, 2020

Exxon Dividends: Jam Today, Jammed Tomorrow?

Exxon Mobil’s stubbornly optimistic streak already was on full show earlier this 12 months when it saved its chunky dividend amid a historic rout in oil costs.

It may increase the payout quickly, bringing its streak to 38 years and sustaining coveted Dividend Aristocrat standing. Whereas that perspective might not hurt the corporate’s near-term well being, it may have longer-term, insidious penalties.

The…

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