Exxon Mobil's 43 Year Dividend Streak Looks Secure Despite Falling Earnings

Exxon Mobil's 43 Year Dividend Streak Looks Secure Despite Falling Earnings

Quick Read Exxon Mobil (XOM) pays $3.96 annually per share with a 3.38% yield. Exxon has raised its dividend for 43 consecutive years. Exxon’s payout ratios stand at 57.6% on earnings and 54.4% on free cash flow. Both metrics provide comfortable coverage. Net income fell from $55.7B in 2022 to $33.7B in 2024. The dividend remains secure due to strong balance sheet strength. Are you ahead, or behind on retirement? SmartAsset’s free tool can m…