Exxon Mobil Dividends and Buybacks
Dividend criteria checks 4/6
Exxon Mobil is a dividend paying company with a current yield of 3.32% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.3%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 2.1% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | US$3.960 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XOM's dividends per share have been stable in the past 10 years.
Growing Dividend: XOM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Exxon Mobil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XOM) | 3.3% |
| Market Bottom 25% (PE) | 3.8% |
| Market Top 25% (PE) | 12.4% |
| Industry Average (Oil and Gas) | 14.7% |
| Analyst forecast (XOM) (up to 3 years) | 3.4% |
Notable Dividend: XOM's dividend (3.32%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (3.83%).
High Dividend: XOM's dividend (3.32%) is low compared to the top 25% of dividend payers in the PE market (12.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.3%), XOM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.1%), XOM's dividend payments are covered by cash flows.