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Exxon freezes dividend for first time in 13 years amid crash

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Exxon Mobil Corp froze its dividend for the first time in 13 years as the lowest oil prices in a generation strain the company's financial underpinnings.

[HOUSTON] Exxon Mobil Corp froze its dividend for the first time in 13 years as the lowest oil prices in a generation strain the company's financial underpinnings.

Exxon will pay 87 US cents a share in June, unchanged from March's outlay, the Irving, Texas-based company said in a...

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