Exxon Mobil's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) announced a quarterly dividend of 95 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning XOM stock by the end of Monday are eligible for the dividend, payable on March 11, 2024. The stock is expected to open 95 cents lower on the ex-dividend date.
February 08, 2024 | 2:45 pm
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Exxon Mobil announces a quarterly dividend of 95 cents per share, with the ex-dividend date set for Tuesday. The stock is expected to open 95 cents lower on the ex-dividend date.
The announcement of the dividend and the subsequent ex-dividend date typically leads to a short-term decrease in the stock price to reflect the dividend payout. Since the stock is expected to open 95 cents lower on the ex-dividend date, this directly impacts the stock's short-term price movement.
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