ExxonMobil Has Raised Its Dividend 43 Years in a Row. But the Raises Used to Be Bigger.
Key PointsExxonMobil has grown its annual dividend-per-share payments for 43 consecutive years, with the current quarterly payout at $1.03 per share.
ExxonMobil has raised its dividend for an impressive 44th consecutive year, but the recent increases have been modest, averaging about 4% per year. The current quarterly payout stands at $1.03 per share, or $4.12 per year, resulting in a dividend yield of approximately 2.5% at the stock's current price of around $163. This long-standing streak of dividend increases has made ExxonMobil a popular choice for investors seeking income, but the recent raises have been smaller compared to the past.
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