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Have XOM, CVX, RDS.A, and BP’s Dividend Yields Risen?

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Apr. 2 2019, Published 1:41 p.m. ET

Dividend payments

Chevron (CVX), ExxonMobil (XOM), Royal Dutch Shell (RDS.A), and BP (BP) have paid dividends consistently in the past several years. Before we examine their dividend yield trends, let’s review their dividend payments in the first quarter.

In the first quarter, ExxonMobil’s dividend payment was $0.82 per share, which represents 6.5% YoY (year-over-year) growth. Chevron’s dividend payment was $1.19 per share in the first quarter, which implies 6.2% YoY growth. BP’s dividend payment has risen 2.5% YoY to $0.615 per share. However, Shell’s dividend payment per share has remained steady. Shell’s dividend payment was $0.94 per share in the first quarter.

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Dividend yield trend

Integrated energy stocks have seen a mixed trend in their dividend yields in the past year. While ExxonMobil’s dividend yield has fallen, Chevron, Shell, and BP’s yields have risen.

Currently, ExxonMobil’s dividend yield is 4.1%. The current dividend yield represents the annualized dividend as a percentage of the stock price. The dividend yield has fallen from 4.2% in the second quarter of 2018. The yield fell due to an increase in the stock price in the stated period. In the first quarter, ExxonMobil saw the highest rise in its stock price.

However, Chevron’s dividend yield rose from 3.6% in the second quarter of 2018 to 3.9% currently. The company’s dividend yield rose due to an increase in its dividends during the stated period. Shell and BP’s dividend yields have risen to 6.0% and 5.6%, respectively.

To learn more, read XOM, CVX, RDS.A, BP, TOT, and SU: Dividend Yields and Valuations.

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