Exxon Mobil Stock To Go Ex-dividend Tomorrow (XOM)

NEW YORK ( TheStreet) -- The ex-dividend date for Exxon Mobil Corporation (NYSE: XOM) is tomorrow, May 10, 2012. Owners of shares as of market close today will be eligible for a dividend of 57 cents per share. At a price of $83.08 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Exxon Mobil has been 14.7 million shares per day over the past 30 days. Exxon Mobil has a market cap of $395.04 billion and is part of the basic materials sector and energy industry. Shares are down 0.3% year to date as of the close of trading on Tuesday.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company has a P/E ratio of 10.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Exxon Mobil as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Exxon Mobil Ratings Report.

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