The United States energy giant is expected to begin jobs, costs’ cutting. ExxonMobil (NYSE:XOM) has failed to raise its dividends for the first time in 18 years. The oil giant just did what it hasn’t done in 18 years, a report by The Motley read. The company kept its dividend at $0.87 per share, the first time since 2002 it failed to increase the payout during a calendar year. The decision doesn’t put ExxonMobil’s status as a Dividend Aristocrat in jeopardy yet. That’s because its total 2020 dividend payments will still be…
Read MoreExxonMobil embargoes Dividend increase first time in 18 Years
