ExxonMobil's 43-Year Dividend Streak: What Investors Need to Know
ExxonMobilExxonMobil(US:XOM) ZACKS·2025-12-05 17:01

Core Insights - Exxon Mobil Corporation (XOM) has maintained a 43-year streak of increasing dividends, demonstrating a commitment to rewarding shareholders regardless of market conditions [1][7] - The company returned over $12.9 billion to shareholders through dividends and repurchased $14.9 billion in stock in the first nine months of 2025, indicating strong shareholder value initiatives [2][7] - XOM's upstream business is expected to generate sustainable cash flows through production growth and cost reductions, focusing on high-return projects [3][7] Dividend Performance - XOM's dividend per share has increased from 95 cents in Q4 2023 to 99 cents in 2024, and is projected to reach $1.03 in 2025, reflecting a consistent upward trend in payouts [2] - The average growth rate of XOM's dividends over the past 43 years is 5.8%, showcasing a robust dividend policy [1] Market Position and Valuation - XOM shares have appreciated by 3.1% over the past year, which is lower than the industry average increase of 6.5% [5] - The company's current enterprise value to EBITDA (EV/EBITDA) ratio stands at 7.61X, above the industry average of 4.88X, indicating a premium valuation [8] Earnings Estimates - The Zacks Consensus Estimate for XOM's earnings in 2025 remains unchanged at $6.88, with no revisions in the past week [9]

ExxonMobil's 43-Year Dividend Streak: What Investors Need to Know - Reportify