As the calendar flips to October, energy giant ExxonMobil is poised to make a significant announcement: its 43rd consecutive year of dividend growth. This remarkable streak is a testament to the company’s commitment to rewarding shareholders with consistent and growing income.
As part of an ongoing series, I’ve been tracking the dividend increase patterns of established companies with a history of long-term dividend growth. In this case, ExxonMobil’s impressive track record suggests that investors can expect another dividend hike in the coming weeks.
It’s worth noting that I have a personal stake in ExxonMobil’s success, holding a beneficial long position in the company’s shares. However, I’ve written this article independently and without compensation, expressing my own opinions and analysis.
As with any investment, it’s essential to remember that past performance is no guarantee of future results. Investors should conduct their own research and consider their individual financial goals before making any investment decisions.
Leave a Reply