uploads/2019/07/oil-pump-jack-1407715_640.jpg

Who Among XOM, CVX, RDS.A, and BP Has a Better Dividend Yield?

By

Updated

Dividend payments in the second quarter

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 yields, let’s review their dividend payments in the second quarter.

In the quarter, ExxonMobil’s dividend payment stood at $0.87 per share, which represents 6.1% YoY (year-over-year) growth. Similarly, Chevron’s dividend payment stood at $1.19 per share in the quarter, implying a 6.2% YoY rise. Also, BP’s dividend payment has increased by 2.5% YoY to $0.615 per share (or American depositary receipt). However, Shell’s dividend payment per share has remained steady. Shell’s dividend payment stood at $0.94 per share (or American depositary receipt) in the second quarter of 2019.

Dividend yield trend

Integrated energy stocks’ dividend yields have risen in the past year. ExxonMobil’s yield has grown the most compared to peers Chevron, Shell, and BP.

ExxonMobil’s dividend yield currently stands at 4.5%. Its current dividend yield represents its annualized dividend as a percentage of its stock price, which has risen from 4.0% in the third quarter of 2018. The rise in its yield is the result of the decline in its stock price in the stated period. In the second quarter, ExxonMobil saw the highest fall of 6.2% in its stock price compared to its peers.

Further, Chevron’s dividend yield has risen from 3.5% in the third quarter of 2018 to its current level of 3.8%. The rise in the company’s dividend yield is due to an increase in its dividend in the stated period. Further, Shell’s and BP’s dividend yields have risen to 5.7% and 5.8%, respectively.

For more on the dividend yield rankings of six global integrated energy stocks, read Integrated Stocks’ Dividend Yields Rise: Which Look Attractive?

More From Market Realist