FILE PHOTO: Logos of ExxonMobil are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/File Photoon Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling 2020 will be the first year since 1982 that the U.S. oil producer has not raised its shareholder payout.
At $3.48 per share, the annual dividend is equal to 10.6% of its share price. Any dividend yield above 10% is considered onerous for a company’s finances.
Fossil fuels are slowly suffocating under their own weight. Go green or go home.
breaking There is no stimulus in November or December and possible in January 2021 depending on the new fight extends to March, Beware of the actions that will fall. Jp Morgan sold all yesterday
if they don’t transition to serve the needs of the growing electric vehicle market it will be a disaster for them chevron and phillips. bottom line is their are more and more electric cars on the road daily.
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