With an Increase, Exxon Keeps its Place in Dividend ETFs
April 30, 2015 at 08:00 AM EDT
Exxon Mobil (NYSE: XOM) quashed speculation that falling oil prices are endangering its dividend. On Wednesday, the Dow component and the largest U.S. oil company said it will raise its quarterly dividend to 73 cents per share from 69 cents. Following intense fear that last year’s tumble in oil...