Category: Exxon

Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap!
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Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap!

Mobil’s dividend yield recently hit double-digit levels. The supermajor’s dividend payments are currently debt-financed. The losses and revenue declines are likely to force the oil giant to rethink its dividend policy. This has been an eventful year for Exxon Mobil. Last month, the oil giant was booted from the Dow index despite being the largest…

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Here’s Why Exxon Should Slash Its Giant Dividend
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Here’s Why Exxon Should Slash Its Giant Dividend

Investors love energy stocks because of their large, reliable dividends–but it’s a new day. Exxon is losing boatloads of money because of historically low oil prices in the second quarter, and it’s time for investors to tighten their belts. The oil and gas industry needs to slash its excessively large dividend payments instead of brutally…

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