These widely owned companies are doling out between $11.1 billion and $18.5 billion in dividend income to their shareholders each year!
Shares of ExxonMobil (NYSE: XOM) were pulling back today as oil prices fell sharply on concerns about a slowdown in China's economy. As of 10:52 a.m. ET, Exxon stock was down 3.3%. At the same time, West Texas Intermediate oil prices were down 3.9% to just below $89.
Shell plc (SHEL) has announced that it is deferring the planned maintenance work at the Prelude floating liquefied natural gas facility.