Decades of Dividend Hikes: ExxonMobil's Secret to Investor Trust

Key Takeaways ExxonMobil has raised dividends for over four decades, appealing to risk-averse investors.Its refining business cushions earnings during oil price downturns, ensuring dividend stability.XOM trades at 7.31X EV/EBITDA, above the industry average of 4.30X, with shares up 2.9% in a year.Exxon Mobil Corporation (XOM) is an integrated energy giant that is susceptible to fluctuations in oil and natural gas prices. Despite this vulnerability, since most of its earnings come from upstream activities, r ...