Exxon Mobil raising quarterly dividend by 7 pct.

AP News
|
Posted: Apr 27, 2011 2:10 PM
Exxon Mobil raising quarterly dividend by 7 pct.

Exxon Mobil Corp. is raising its quarterly dividend by about 7 percent to 47 cents per share.

The world's largest publicly traded oil company said Wednesday that the second-quarter dividend will be paid on June 10 to shareholders of record on May 13.

Exxon paid a first-quarter dividend of 44 cents per share.

Its shares slipped 38 cents to $87.04 in afternoon trading.