Exxon Mobil (XOM) raises Dividend to keep Dividend Aristocrat status
Oil giant Exxon Mobil (XOM) raises quarterly dividend by by a penny to $0.88/share, this is a 1.1% increase from prior dividend of $0.87. This dividend hike means that Exxon will keep its dividend aristocrat status, which has been at risk for a long time, since the COVID-19 heavily impacted Exxon’s earnings. Exxon has now…