Why ExxonMobil Corporation's Dividend Isn't Safe
ExxonMobil Corporation (NYSE: XOM) seems like it should be one of the best dividend stocks on the market. The company makes a commodity that isn't going to be replaced anytime soon and is one of the biggest names in energy today.
But peek under the hood of ExxonMobil's business and the picture gets dark pretty quickly. Oil's future is in question, the company isn't investing in its own production, and the dividend payout ratio is already at a troubling level. Here's why investors should be concerned about ExxonMobil's dividend in the long term.
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Source: Fool.com
Exxon Mobil Corp. Stock
€108.08
0.130%
With 40 Buy predictions and 1 Sell predictions Exxon Mobil Corp. is one of the favorites of our community.
As a result the target price of 126 € shows a slightly positive potential of 16.58% compared to the current price of 108.08 € for Exxon Mobil Corp..
