IRVING - ExxonMobil Corp maintained its quarterly dividend despite slumping oil prices amid the coronavirus (COVID-19) pandemic.
As reported by Reuters, the company reported a second-quarter (Q2) cash dividend of US$0.87 per share on Wednesday (29/4), which will be paid on June 10, 2020.
BP plc also maintained its quarterly dividend, while Equinor ASA announced a 67% dividend cut last week.
ExxonMobil is scheduled to announce its first-quarter results on Friday (1/5). (MS)