XOM Dividend Calculator
Dividend growth rate (CAGR)
| Year | Yield | Div / share | Annual income | Yield on cost | Cumulative income | Portfolio value | Shares |
|---|---|---|---|---|---|---|---|
| 1 | 2.2% | $4.08 | $267.00 | 2.2% | $267.00 | $14,879 | 81.34 |
| 2 | 1.9% | $4.22 | $343.33 | 2.3% | $610.33 | $20,805 | 94.99 |
| 3 | 1.7% | $4.37 | $414.86 | 2.4% | $1,025 | $27,977 | 106.69 |
| 4 | 1.4% | $4.52 | $482.12 | 2.5% | $1,507 | $36,638 | 116.70 |
| 5 | 1.2% | $4.68 | $545.62 | 2.5% | $2,053 | $47,077 | 125.24 |
| 6 | 1.1% | $4.84 | $605.87 | 2.5% | $2,659 | $59,641 | 132.51 |
| 7 | 0.9% | $5.01 | $663.32 | 2.5% | $3,322 | $74,746 | 138.71 |
| 8 | 0.8% | $5.18 | $718.43 | 2.5% | $4,041 | $92,892 | 143.98 |
| 9 | 0.7% | $5.36 | $771.58 | 2.4% | $4,812 | $114,676 | 148.45 |
| 10 | 0.6% | $5.55 | $823.17 | 2.4% | $5,635 | $140,815 | 152.25 |
Year 1-10 dividend income (preview)
Based on a $10,000 initial investment with $200.00 monthly contributions, DRIP on.
Historical dividends per share
Recent dividends
| Ex-date | Cash amount | TTM yield | Fwd yield | Share price |
|---|---|---|---|---|
| 2026-05-15 | $1.03 | 2.7% | 2.7% | $152.78 |
| 2026-02-12 | $1.03 | 2.7% | 2.7% | $149.93 |
| 2025-11-14 | $1.03 | 3.4% | 3.5% | $119.29 |
| 2025-08-15 | $0.99 | 3.7% | 3.7% | $106.49 |
| 2025-05-15 | $0.99 | 3.6% | 3.6% | $108.58 |
| 2025-02-12 | $0.99 | 3.6% | 3.7% | $107.35 |
| 2024-11-14 | $0.99 | 3.2% | 3.3% | $120.56 |
| 2024-08-15 | $0.95 | 3.2% | 3.2% | $118.73 |
| 2024-05-14 | $0.95 | 3.2% | 3.2% | $117.67 |
| 2024-02-13 | $0.95 | 3.7% | 3.7% | $101.34 |
| 2023-11-14 | $0.95 | 3.5% | 3.6% | $104.29 |
| 2023-08-15 | $0.91 | 3.4% | 3.4% | $108.16 |
Source: Polygon.io. Last 12 dividend distributions, most recent first. TTM yield = sum of last 12 months of payments ÷ share price on ex-date. Forward yield = this payment × detected payout frequency ÷ share price on ex-date.
About XOM
Exxon Mobil Corporation — ticker XOM — is the largest US integrated oil and gas supermajor by market value and one of the longest-running Dividend Aristocrats in the energy sector, with a streak of more than forty-one consecutive years of annual dividend increases. The streak began in the early 1980s and has continued through every major oil-price cycle since, including the 2014–2016 collapse from over one hundred dollars per barrel to under thirty, and the 2020 COVID-era demand crash that briefly drove WTI crude futures to negative prices. The 2020 episode is the defining brand moment of the streak: Exxon's board considered the dividend carefully through the worst of the demand collapse, and the company's public messaging that it would maintain and grow the payout — funded partly through balance-sheet capacity at the trough — has been treated by long-horizon income investors as evidence that the dividend is, in management's view, a structural commitment rather than a discretionary use of cash.
Exxon operates in the Energy sector as a fully integrated oil and gas company. Upstream, the company explores for and produces crude oil and natural gas at major positions including the Permian Basin in west Texas, deepwater Guyana — currently one of the fastest-growing oil developments in the world — Qatar LNG, and a number of legacy international fields. Downstream, it refines crude into transportation and industrial fuels at one of the world's largest refining networks and markets products through the Exxon, Mobil, and Esso brand networks. Chemicals is a more material segment for Exxon than for its US peers, with the company operating a large global petrochemical business that produces plastics, lubricants, and specialty chemicals from refined-product feedstocks. The integrated structure smooths cycle volatility: upstream margins compress when crude prices fall, but downstream refining and chemicals margins often expand because crude becomes a cheaper input.
The dividend mandate is part of Exxon's stated capital-allocation hierarchy, which prioritizes maintaining and growing the dividend, funding disciplined capex, and returning excess cash via share buybacks. The 2020 episode tested that hierarchy unusually severely — the company funded part of the dividend with balance-sheet capacity rather than current-period free cash flow that year — but the streak was preserved, and operating cash flow has since recovered as oil prices normalized and the Guyana ramp-up contributed meaningfully to upstream volumes. Expense ratio is not applicable to individual stocks — the figure you'll see in the calculator above is zero, since there is no fund wrapper between you and the underlying shares. The dividend has never been cut in modern history through any of the price collapses described above, which is the relevant test for an Aristocrat in a cyclical sector.
How XOM pays dividends
Exxon pays cash dividends quarterly, on a March–June–September–December cadence. The board declares the per-share amount each quarter; the ex-dividend date typically falls in the second week of the second month of the quarter, and the pay date falls in the second or third week of the third month. Holders who own shares as of the close on the day before the ex-date receive the dividend; holders who buy on or after the ex-date wait for the next quarterly payment. On the ex-date the share price drops by approximately the distribution amount on the open, reflecting the fact that the company has paid the cash out of its balance sheet.
Holders who DRIP through their broker receive additional shares purchased at the prevailing market price around the pay date. Most major brokers offer fractional-share DRIP for Exxon, so the full cash distribution is reinvested even when the per-share amount divided by the share price doesn't produce a whole number. The mechanics are identical to any other quarterly US dividend stock — there is no managed-distribution policy, no covered-call overlay, and the cash that funds the dividend comes from operating free cash flow generated by upstream production, downstream refining, and chemicals.
Recent growth pattern: Exxon has typically raised the quarterly per-share amount once per year, with the new rate taking effect on the dividend payment following the autumn announcement. The size of the annual hike has historically run in the low-to-mid single digits, generally smaller than Chevron's average hike but more consistent across the cycle — Exxon has tended to take smaller protective hikes during downturns and modest hikes during stronger windows rather than larger swings tied to the oil-price environment. The 2020 streak preservation was achieved through a particularly small but technically non-zero hike, which is one of the structural features of how long Aristocrat streaks survive cyclical-sector pressure.
Exxon's dividends are qualified for the long-term capital-gains rate in taxable accounts, given the standard sixty-day holding-period rule. Most buy-and-hold investors clear this threshold easily. In tax-advantaged accounts the qualified-dividend treatment is moot because no current-year tax applies. The calculator on this page uses a recent dividend growth rate to project the income line forward; you can override this with a custom growth rate if you want to model a more conservative or more optimistic path.
Who XOM suits
Exxon suits investors who want diversified energy-sector exposure with a long-streak dividend commitment, a yield typically in the three-and-a-half to four-percent range, and tolerance for the underlying cyclicality of oil and natural gas prices. The yield sits above the broader S&P 500 average and reflects both the maturity of the integrated supermajor business and the market's discount for cyclical-sector cash flows. The trade-off is the canonical Aristocrat-in-a-cyclical-sector pattern: lower headline yield than a high-yield non-cyclical name, but a four-decade-plus streak that survived two extreme oil-price crashes — including 2020, the most extreme demand shock the modern energy industry has faced — is structural evidence that the dividend is unusually resilient inside a sector that has historically seen many cuts.
The comparison readers most often want is XOM versus CVX — Exxon and Chevron are the two US integrated supermajors, both Dividend Aristocrats with multi-decade streaks, and the most natural peer pair in the entire US dividend universe. The two yield in similar territory and respond to similar oil-price inputs. The structural differences are size — Exxon is the larger company, with the largest US oil and gas market capitalization, a meaningfully larger chemicals segment, and the rapidly growing Guyana position adding upstream production at scale — and capital-allocation tone, with Exxon historically taking more aggressive growth bets and Chevron historically running a slightly more conservative capex profile. The correlation between the two stocks is high; many income-focused portfolios hold one or the other rather than both, while some hold both for diversification within energy-sector exposure.
In taxable accounts, Exxon's dividends are qualified for the long-term capital-gains rate. In tax-advantaged accounts the treatment is moot. The structural case for XOM in a long-horizon dividend portfolio is the combination of one of the longest streaks in the energy sector, an integrated business model that partially smooths cycle volatility, and a yield that is higher than most non-cyclical Aristocrats — features that together make Exxon one of the small number of dividend-streak names available in a sector that has historically been hostile to long streaks.
As with any single-stock position, this content is educational only; it is not a recommendation to buy, sell, or hold XOM, and individual circumstances vary. Energy-sector-specific risks — including oil-price cyclicality, energy-transition policy pressure, and the long-term demand outlook for hydrocarbons — should be weighed against the dividend continuity record.
Hypothetical scenarios
Scenario 1: $10,000 invested in Exxon at the start of 2000
Consider a hypothetical purchase of $10,000 of Exxon Mobil stock at the start of 2000, shortly after the 1999 merger of Exxon and Mobil completed the formation of the company in its current corporate shape. At that point the combined dividend streak was already approximately two decades long, the merged company was the largest US-listed energy business by market value, and oil prices were sitting in the mid-twenties before the multi-year run that would eventually push crude over one hundred forty dollars per barrel by mid-2008. The 2000 entry price implied a per-share figure in the mid-thirties, and the initial $10,000 would have purchased roughly two hundred eighty shares.
Holding from 2000 through to the present, with quarterly dividends reinvested via DRIP, the position would have lived through three full energy cycles: the 2000s commodity boom, the 2014–2016 collapse from over one hundred dollars per barrel to under thirty, and the 2020 COVID-era demand crash that briefly turned WTI futures negative. Exxon held and raised its dividend through every one of those windows, including the 2020 episode that required funding part of the distribution from balance-sheet capacity. Three forces compound across the full window: the per-share dividend grew each year as the company maintained the streak; the share count grew as DRIP reinvested each quarterly distribution at the prevailing price, with reinvestment at depressed prices during the troughs adding meaningfully to share count; and the share price climbed broadly across the multi-decade window with substantial drawdowns at the cycle troughs.
The illustrative outcome is not a precise dollar figure. It depends on the exact reinvestment prices across the full cycle, dividend taxes paid along the way, and the specific entry and exit timing. The structural point is that survival of the streak through 2020 — the most severe demand shock the modern energy industry has faced — is itself the substance of the illustration. Reinvestment at low prices during that trough added share count that then participated in the subsequent recovery. The annual dividend income at the end of the period is meaningfully larger than the year-one income. XOM is offered as a structural illustration, not a forecast.
Scenario 2: $50,000 today plus $500/month for 20 years
Consider a hypothetical accumulation strategy in Exxon: $50,000 starting capital, plus $500 per month added on a regular cadence for 20 years. The calculator on this page can model this exactly — set Initial investment to $50,000, Extra contribution to $500, Contribution frequency to Monthly, time horizon to 20 years, and leave DRIP on.
The mechanics: each month, the new $500 buys additional shares at the current price, which adds to the share count and therefore to next quarter's dividend. Each quarter, the dividend received from all accumulated shares is reinvested, adding more shares at the prevailing price. Because Exxon's entry yield is higher than the broader-market average, the DRIP component contributes a larger share of share-count growth than the same DCA setup would for a lower-yield dividend grower. Over 20 years this dual-track accumulation produces a position whose annual cash distribution is substantial, even before considering any potential price appreciation.
What's worth focusing on is the annual dividend column in the projection table. For a cyclical-sector stock like Exxon, the DCA pattern has a structural side benefit: monthly contributions made during oil-price downturns buy more shares per dollar than the same contributions made during peaks, mechanically tilting the average entry price downward across the holding period. The first few years are slow because the base of dividend-generating shares is small; by year ten the annual dividend has grown significantly above year one as both the per-share amount and the share count have climbed; by year twenty the income line has compounded substantially. These scenarios assume the historical pattern of low-to-mid-single-digit dividend growth continues at a similar rate. Real outcomes depend on Exxon's future capital allocation, the path of the global oil market and energy transition, tax treatment in your specific account, and the broader path of US equity markets. Educational only; not a forecast.
Sources & methodology
Dividend history and price data come from Polygon.io's reference and aggregates endpoints. Forward yield is computed as the sum of the most recent four cash distributions divided by the previous-close share price. The dividend growth rate shown on this page is the compound annual growth rate of total annual distributions across the available history in this snapshot.
Last updated: 2026-05-15.
Information here is for educational purposes only and does not constitute investment advice. Past dividend history does not guarantee future payments. Verify all figures with the issuer or a registered financial advisor before making investment decisions.