XOM - How To Earn $500 A Month From Exxon Mobil After Pioneer Deal | Benzinga
Exxon Mobil Corporation (NYSE: XOM) announced a definitive agreement to acquire Pioneer Natural Resources Company (NYSE: PXD) in an all-stock transaction valued at $59.5 billion, or $253 per share.
Under the terms of the deal, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing. The transaction is expected to close in the first half of 2024.
With the buzz around Exxon Mobil following the acquisition announcement, some investors may be eyeing potential gains from the company’s dividends. As of now, Exxon Mobil offers an annual dividend yield of 3.42%, which is a quarterly dividend amount of 91 cents per share ($3.64 a year).
So, how can investors exploit its dividend ...