Exxon Mobil Corp’s (NYSE: XOM) Board of Directors declared a cash dividend of $0.44 per share of common stock payable on September 10th, 2010 to shareholders of record on August 13th, 2010.
Here’s the press release:
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 44 cents per share on the Common Stock, payable on September 10, 2010 to shareholders of record of Common Stock at the close of business on August 13, 2010.
Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for 28 consecutive years.
Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. The Company has several divisions and hundreds of affiliates with names that include ExxonMobil, Exxon, Esso or Mobil. Divisions and affiliated companies of ExxonMobil operate or market products in the United States and other countries of the world. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. At December 31, 2009, approximately 7.5 billion oil-equivalent barrels (GOEB) of the Company’s reserves were classified as proved undeveloped, which represented 33% of the 23 GOEB reported in proved reserves.
