ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) have consistently given returns to shareholders in the form of dividends. Thus, we have evaluated the dividend yields of these integrated energy companies. The yield is calculated as a ratio of the annualized dividends to the stock price.
BP has the highest dividend yield among the integrated energy stocks we’ve discussed at 7%. The second highest is Shell with a 6.9% yield. Next in line is Chevron (CVX) with a 3.8% yield. ExxonMobil (XOM) has the lowest yield at 3.6%. For exposure to high dividend stocks, you can consider the iShares Core High Dividend ETF (HDV). The ETF has ~17% exposure to energy sector stocks including XOM and CVX.
Read the next part of this series for a cross-sectional analysis of integrated energy stocks’ forward valuations.