ExxonMobil’s dividend yield
ExxonMobil (XOM) has consistently given returns to shareholders in the form of dividends, and for this reason, we’ve evaluated the company’s dividend yields below. Remember, the dividend yield is calculated as a ratio of annualized dividends to the price of stock.
ExxonMobil’s dividend yield rose from 2.8% in 4Q13 to 3.6% in 4Q16. This was due to a steeper increase in dividend than the increase in its stock price during that period.
Peer dividend yields
During the same period, Chevron’s (CVX) dividend yield rose from 3.3% to 4.2% whereas BP’s (BP) dividend yield increased from 5.4% to 6.2%. Royal Dutch Shell’s (RDS.A) dividend yield rose even more sharply from 5.5% to 7.4% during that period.
For diversified exposure to high dividend stocks, you might consider the iShares Core High Dividend ETF (HDV), which ETF has ~16% exposure to energy sector stocks, including XOM and CVX.
Now let’s take a look at XOM’s volatility.