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Oil and Gas Energy News Update

Wednesday, April 27, 2011

Exxon Mobil Increases Quarterly Dividend To $0.47

Exxon Mobil Increases Quarterly Dividend To $0.47



Apr 27, 2011

Exxon Mobil Corp (NYSE:XOM) said Wednesday its board of directors had increased the company's 2nd quarter dividend to $0.47 from $0.44.

That represents an annual yield of 2.1% based on the stock's closing price on Tuesday of $87.42.

The dividend will be paid out June 10th to shareholders of record on May 13th.

Shares of Exxon Mobil are trading down 0.69% at $86.82.

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