Chevron’s dividend yield
Chevron (CVX) has consistently given returns to shareholders in the form of dividends. Therefore, we have evaluated its dividend yields. Yield is calculated as a ratio of the annualized dividend to stock price. Chevron’s dividend yield rose from 3.3% in 4Q13 to 4.1% in 4Q16, due to a dividend increase coupled with a fall in its stock price.
Peers’ dividend yield
During the same period, Royal Dutch Shell’s (RDS.A) dividend yield rose sharply from 5.5% to 7.5%, whereas BP’s (BP) dividend yield rose from 5.4% to 6.1%. ExxonMobil’s (XOM) dividend yield rose from 2.8% in 4Q13 to 3.6% in 4Q16. If you’re looking for exposure to high-dividend stocks, you could consider the iShares Core High Dividend ETF (HDV), which also has ~15% exposure to energy sector stocks.