Tempt

Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap!

Mobil’s dividend yield recently hit double-digit levels. The supermajor’s dividend payments are currently debt-financed. The losses and revenue declines are likely to force the oil giant to rethink its dividend policy. This has been an eventful year for Exxon Mobil. Last month, the oil giant was booted from the Dow index despite being

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