Exxon Raises Dividend to 88 Cents
October 27 2021 - 3:29PM
Dow Jones News
By Michael Dabaie
Exxon Mobil Corp. boosted its quarterly dividend by one
cent.
The company said Wednesday its board declared a cash dividend of
88 cents per share, payable on December 10. The fourth-quarter
dividend is up form 87 cents per share paid in the third quarter of
2021.
"Through its dividends, the corporation has shared its success
with its shareholders for more than 100 years and has increased its
annual dividend payment to shareholders for 39 consecutive years,"
Exxon said.
Shares were down 2.5% to $64.20 in afternoon trading.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
October 27, 2021 15:14 ET (19:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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