Will ExxonMobil Raise Its Dividend in 2020?
Among energy companies, ExxonMobil (NYSE: XOM) stands out as an industry leader. The oil and gas giant's operations span the globe, and its fully integrated business includes not only production but also transportation and marketing of energy products across its network of upstream, midstream, and downstream assets.
ExxonMobil has also established itself as a favorite among dividend investors. Not only has it consistently paid quarterly dividends to shareholders, but it's also increased those payouts year after year. Yet even though ExxonMobil has gone through turbulent times in energy markets before, the current slump for oil and natural gas has some investors worried about its ability to keep rewarding them with dividend hikes. Here, we'll take a closer look at ExxonMobil and whether shareholders can expect higher dividends in 2020.
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Source Fool.com
