(Source:Nasdaq)First, the oil-price crash cut its share price in half. Then, the coronavirus pandemic caused global fuel demand to dry up. Adding insult to injury, ExxonMobil was kicked out of the Dow Jones Industrial Average after nearly a century on the index.
But at least ExxonMobil’s still paying a dividend, right? Yes…for now, although the oil market’s woes and the company’s rising debt levels mean even that’s not as sure a thing as it once was. In fact, dividend investors would probably be better off skipping ExxonMobil and looking at these three other top dividend stocks instead.
