(Bloomberg) — Exxon Mobil Corp. is maintaining the third-highest dividend in the S&P 500 Index, underscoring its historic commitment to the payout despite this year’s virus-driven oil crash.Investors will be paid 87 cents a share for the current quarter, matching the level of the last six periods, the Irving, Texas-based company said in a statement. The oil giant trails only Microsoft Corp. and AT&T Inc. among S&P 500 companies in payouts to shareholders over the past 12 months, according to Bloomberg data.The plunge in crude prices and demand for petroleum products caused by the pandemic sent shock waves through the …read more
Source:: Yahoo Finance
