Looking at the universe of stocks we cover at Dividend Channel, on 2/10/20, Exxon Mobil Corp (Symbol: XOM) will trade ex-dividend, for its quarterly dividend of $0.87, payable on 3/10/20. As a percentage of XOM's recent stock price of $61.94, this dividend works out to approximately 1.40%, so look for shares of Exxon Mobil Corp to trade 1.40% lower — all else being equal — when XOM shares open for trading on 2/10/20.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from XOM is likely to continue, and whether the current estimated yield of 5.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XOM shares, versus its 200 day moving average:
Looking at the chart above, XOM's low point in its 52 week range is $59.89 per share, with $83.49 as the 52 week high point — that compares with a last trade of $61.95.
In Thursday trading, Exxon Mobil Corp shares are currently down about 1.3% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
