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ExxonMobil Stock Slumps: Dividend Yield Reaches 4.7%

Maitali Ramkumar
ExxonMobil Stock Slumps: Dividend Yield Reaches 4.7%

ExxonMobil (XOM) stock has slumped 7.1% in the current quarter driven by weaker first-quarter earnings and lower oil prices. The fall in ExxonMobil stock has caused its dividend yield to surge.