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Finance

The Best Dividend-Yielding Energy Stocks for 2020

ExxonMobil, Shell, and Chevron stocks have risen 1.9%, 0.7%, and 10.2%, respectively, YTD (year-to-date). However, BP stock has fallen 0.8% in the year. In comparison, the S&P 500 Index (SPY) and the Dow Jones Industrial Average (DIA) have risen 28.5% and 22.0%, respectively, YTD.

However, when it comes to dividend yields, energy stocks have outperformed the markets. SPY’s and DIA’s dividend yields stand at 1.7% and 2.1%, respectively. In comparison, BP’s and Shell’s yields stand at 6.5% and 6.4%, and ExxonMobil’s and Chevron’s yields stand at 5.0% and 4.0%, respectively. So, energy stock yields are much higher than market yields. Let’s look at how these stocks are positioned heading into 2020.

View more information: https://marketrealist.com/2019/12/best-dividend-yielding-energy-stocks-2020/

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