ExxonMobil’s dividend yield
ExxonMobil (XOM) has consistently given returns to shareholders in the form of dividends. For this reason, we’ve evaluated its dividend yield. The dividend yield is calculated as the ratio of a company’s annualized dividends to the price of its stock.
ExxonMobil’s dividend yield rose from 2.7% in 3Q13 to 3.4% in 3Q16. This rise was due to a steeper rise in XOM’s dividend than in its stock price during the stated period.
Peers’ dividend yields
During the same period, Chevron’s (CVX) dividend yield rose from 3.2% to 4.2%, whereas Royal Dutch Shell’s (RDS.A) dividend yield rose from 5.3% to 7.6%. BP’s (BP) dividend yield rose even more sharply from 5.6% to 7.7%.
For exposure to high dividend stocks, you can consider the iShares Core High Dividend ETF (HDV). The ETF also has ~17% exposure to energy sector stocks such as XOM and CVX.