By Rob Otman Exxon Mobil (NYSE: XOM) used to be a staple stock in many retirement portfolios. Although, renewable energy and sustainable investing growth are pushing some investors away. On top of that, energy prices have dropped and this has squeezed margins. But still, Exxon Mobil’s dividend history should continue to grow.
Cash flow remains strong and a Exxon won’t be disappearing anytime soon. Let’s take a look at the business, dividend history, and payout safety going forward.
Exxon Mobil Business
Exxon Mobil is a $278 billion dollar business. The company is based out of Texas and it employs 71,000 people. Last reported year, Exxon Mobil …read more
