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Business, Stocks

“Exxon Mobil’s Dividend Yield Hits 10%: What Investors Need To Know”

What Happened: Exxon Mobil Corporation’s (NYSE: XOM) dividend yield is sitting above 10% as of Thursday. The company paid out a dividend of 87 cents in September. Based on the ex-dividend date of Aug. 12, the annual dividend rate was 7.9%.

The dividend yield was 7.9% and 5.8% at the ex-dividend dates of the other dividends paid in 2020. In 2019, all four ex-dividend dates were at yields of 5% or less. In 2018, all four dates were 4.1% or less. 

Charts dating back to 1989 show that Exxon Mobil’s dividend yield is at its highest-ever level...” 

https://finance.yahoo.com/news/exxon-mobils-dividend-yield-hits-201834440.html

This looks like an extremely strong long term investment. Personally if I was a long term investor I would have this on my watch list.

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