Warning: Exxon Mobil’s (XOM) Dividend Cannot Be Considered Safe
The company simply cannot afford its dividend. In short, it pays out nearly $10 billion more in dividends than it generates in free cash flow.
Read MorePosted by Marc Lichtenfeld, Wealthy Retirement | Mar 13, 2020
The company simply cannot afford its dividend. In short, it pays out nearly $10 billion more in dividends than it generates in free cash flow.
Read MorePosted by Marc Lichtenfeld, Wealthy Retirement | Mar 6, 2020
I don’t suspect a dividend cut is imminent. However, if things change, it’ll likely be reduced.
Read MorePosted by Marc Lichtenfeld, Wealthy Retirement | Mar 1, 2020
It’s been cut eight times in the past nine years and continues to be in jeopardy.
Read MorePosted by Marc Lichtenfeld, Wealthy Retirement | Feb 21, 2020
It pays a hefty yield now, but a few years of good behavior doesn’t mean all is forgotten.
Read MorePosted by Marc Lichtenfeld, Wealthy Retirement | Feb 19, 2020
They all allow you to hang on to more of your money to pay for your healthcare and retirement.
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