Chevron and ExxonMobil: A Comparison of Dividend Stocks

Chevron (CVX) and ExxonMobil (XOM) are top dividend stocks with robust payouts. Investors are attracted to their passive income potential. The article compares the two stocks, focusing on their dividend payments and investment appeal. Both companies have a long history of paying dividends and are considered stable investments.

In the realm of dividend stocks, Chevron (CVX) and ExxonMobil (XOM) stand out as reliable choices for investors seeking passive income. Both companies have a long history of consistent dividend payments and are recognized for their stability in the energy sector. This article provides a comparative analysis of these two dividend stocks, focusing on their dividend payments and investment appeal.

Dividend Payments

Chevron and ExxonMobil have been consistently increasing their dividend payouts. Chevron, for instance, has a history of quarterly dividend increases, with the latest hike occurring in March 2025, raising the quarterly payout to 91 cents per share. This increase is part of a broader trend of dividend growth, with Chevron's annualized payout now standing at $3.64 per share, representing a yield of 5.4% based on the latest closing price of $67.45 W.P. Carey Gives Dividend Another 1-Cent Raise^[1].

Similarly, ExxonMobil has also been increasing its dividend payouts. The company's quarterly dividend currently stands at 87 cents per share, with an annualized payout of $3.48 per share. This represents a yield of 5.1% based on the latest closing price of $68.45. ExxonMobil's dividend has been stable and has seen consistent increases over the years, reflecting the company's strong financial position.

Investment Appeal

Both Chevron and ExxonMobil are attractive to investors due to their robust dividend payouts and stable business models. Chevron's diverse portfolio of operations, including upstream, downstream, and chemicals, provides a strong foundation for continued dividend growth. The company's focus on innovation and sustainability also adds to its investment appeal.

ExxonMobil, on the other hand, is known for its integrated operations and extensive global footprint. The company's strong balance sheet and proven track record of dividend increases make it a favored choice among income-oriented investors. ExxonMobil's commitment to shareholder returns and its consistent dividend growth further enhance its appeal.

Conclusion

Chevron and ExxonMobil are both strong dividend stocks with robust payouts and a history of consistent dividend growth. While Chevron's dividend yield is slightly higher, ExxonMobil's stable dividend payouts and strong balance sheet make it a compelling option for investors seeking passive income. Both companies offer attractive investment opportunities, and the choice between them may depend on individual investment goals and risk tolerance.

References

W.P. Carey Gives Dividend Another 1-Cent Raise^[1] https://www.marketwatch.com/story/w-p-carey-gives-dividend-another-1-cent-raise-af36373c