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If you enjoy the content at iBankCoin, please follow us on TwitterExxonMobil (XOM: 86.48, +0.17, +0.20%) increased its quarterly dividend by 10 cents on Wednesday, appeasing investors who have long urged the company to boost its yield in line with industry rivals.
The Irving, Texas-based company lifted its dividend by 21%, to 57 cents from 47 cents, payable on June 11 to shareholders of record on May 14.
