$0.82 dividends are now a reality for Exxon Mobil Corp (NYSE:XOM) shareholders. Here’s why.

August 9, 2018 - By Mary Kidd

Exxon Mobil Corporation (NYSE:XOM) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It dived, as 52 investors sold Exxon Mobil Corporation shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported.
Nebraska-based Lawson Kroeker Mgmt Incorporated Ne has invested 0.89% in Exxon Mobil Corporation (NYSE:XOM). Mondrian Inv Limited has 102,294 shares for 0.22% of their portfolio. Round Table Svcs Ltd Liability Co reported 9,049 shares or 0.24% of all its holdings. Granite Invest Partners Ltd Llc has invested 0.19% in Exxon Mobil Corporation (NYSE:XOM). Lvw Advsrs Lc has 0.81% invested in Exxon Mobil Corporation (NYSE:XOM). The Washington-based Cornerstone Advsrs has invested 0.3% in Exxon Mobil Corporation (NYSE:XOM). Sandy Spring National Bank & Trust stated it has 132,603 shares. 1.85 million were accumulated by Neuberger Berman Gp. Fuller And Thaler Asset Mgmt reported 27,000 shares. Bridgecreek Invest Mgmt Ltd Com reported 65,147 shares. Tower Research Lc (Trc) reported 600 shares. 15,571 are held by Greenwich Inv. 43,251 are held by White Pine Capital Limited Company. 1.27M were reported by Utd Cap Financial Advisers Lc. Levin Strategies Lp has invested 0.05% in Exxon Mobil Corporation (NYSE:XOM).

Exxon Mobil Corp (NYSE:XOM) is expected to pay $0.82 on Sep 10, 2018. Shareholders owning the stock before Aug 10, 2018 will be eligible to receive the payout. Based on Exxon Mobil Corp’s current price of $80.73, the dividend is 1.02 %. This dividend’s record date is Aug 13, 2018 and the announcement date is Jul 25, 2018. The stock decreased 0.66% or $0.54 during the last trading session, reaching $80.73. About 7.28M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since August 9, 2017 and is downtrending. It has underperformed by 16.29% the S&P500.

Exxon Mobil Corporation explores for and produces natural gas and crude oil in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. The company has market cap of $341.80 billion. The firm operates through Upstream, Downstream, and Chemical divisions. It has a 16.45 P/E ratio. It also makes petroleum products; makes and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Among 10 analysts covering Exxon Mobil (NYSE:XOM), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Exxon Mobil has $100 highest and $79 lowest target. $85.29’s average target is 5.65% above currents $80.73 stock price. Exxon Mobil had 11 analyst reports since March 8, 2018 according to SRatingsIntel. The firm has “Hold” rating by Piper Jaffray given on Sunday, April 22. The rating was maintained by Bank of America on Thursday, March 8 with “Buy”. The stock has “Market Perform” rating by Wells Fargo on Tuesday, June 26. On Thursday, March 15 the stock rating was upgraded by HSBC to “Buy”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Neutral” rating by Credit Suisse on Monday, April 30. The firm has “Hold” rating by Jefferies given on Thursday, April 19. The firm earned “Market Perform” rating on Thursday, March 8 by Wells Fargo. The rating was upgraded by RBC Capital Markets to “Buy” on Wednesday, May 30. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underweight” rating given on Wednesday, July 11 by Barclays Capital. The firm has “Hold” rating given on Monday, April 23 by Raymond James.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Fool.com which released: “A Tale of 2 Oils: Why ExxonMobil and Chevron Headed in Different Directions” on August 07, 2018, also Fool.com with their article: “This Is Part of ExxonMobil’s Plan, but It Doesn’t Make Weak Earnings Results Any Less Frustrating” published on July 30, 2018, Seekingalpha.com published: “Exxon close to making major oil discovery in Pakistan, official says” on August 06, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Bloomberg: Exxon seeking long-term deals for US oil exports” published on August 08, 2018 as well as Seekingalpha.com‘s news article titled: “Sell Microsoft And Don’t Look Back” with publication date: August 08, 2018.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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