SLIDESHOW: Top 15 Best Cheap Dividend Stocks To Buy
By Dividend Channel Staff, updated Mon, May 6, 8:12 AM
This Slide: #1 of 15 |
#15. Exxon Mobil
Trading Symbol
XOM
Recent Price
116.00
Dividend Yield
3.28%
TTM Earnings
8.75
PE Ratio (TTM)
13.3
Market Cap
457.4B
#15. Exxon Mobil
Trading Symbol
XOM
Recent Price
116.00
Dividend Yield
3.28%
TTM Earnings
8.75
PE Ratio (TTM)
13.3
Market Cap
457.4B
Exxon Mobil operates or markets products in the U.S. and other countries of the world. Co.'s principal business involves exploration for, and production of, crude oil and natural gas and manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a variety of specialty products. In the U.S., Co.'s development activities are focused on the onshore U.S., primarily in the Permian Basin of West Texas and New Mexico. Co. also has ongoing activities in Canada/Other Americas, Europe, Africa, Asia, as well as Australia/Oceania. More details about Exxon Mobil at: http://www.exxonmobil.com.
View XOM's Dividend History » ETFs holding XOM »
Should Exxon Mobil shares be counted among the Top 15 Best Cheap Dividend Stocks To Buy label? To start, we see that the recent trading price for XOM stock is $116.00 and the dividend yield is 3.28% (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $8.24/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Exxon Mobil produced $8.75/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $8.68/share. Comparing the current indicated annual dividend rate of $3.80 against that median result, we calculate a dividend payout ratio of 43.8%. Comparing the company's various earnings metrics against the stock price, we end up with a PE ratio of 13.4 for the TTM Median method, 14.1 for price to earnings using MRQ annualized, and 13.3 for current price/TTM earnings. Based on XOM's history, that recent TTM PE is low relative to the historical average, with the recent PE 27.7% lower than the average (TTM method) of 18.4.
Should Exxon Mobil shares be counted among the Top 15 Best Cheap Dividend Stocks To Buy label? To start, we see that the recent trading price for XOM stock is $116.00 and the dividend yield is 3.28% (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $8.24/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Exxon Mobil produced $8.75/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $8.68/share. Comparing the current indicated annual dividend rate of $3.80 against that median result, we calculate a dividend payout ratio of 43.8%. Comparing the company's various earnings metrics against the stock price, we end up with a PE ratio of 13.4 for the TTM Median method, 14.1 for price to earnings using MRQ annualized, and 13.3 for current price/TTM earnings. Based on XOM's history, that recent TTM PE is low relative to the historical average, with the recent PE 27.7% lower than the average (TTM method) of 18.4.
XOM Next Dividend Date » (Projection based upon history) XOM Dividend Growth Rate » Quotes delayed 20 minutes |
Buy (3.22 out of 4) 45th percentile
(ranked lower than approx. 55% of all stocks covered)
Analysts' Target Price: XOM Forecast Based on data provided by Zacks Investment Research via Quandl.com |
|