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Dividend Yield Analyze the figure showing Dividend Yield for CVX and XOM. Calculate the averages for both companies. Briefly explain the ratio and interpret the

Dividend Yield

Analyze the figure showing Dividend Yield for CVX and XOM. Calculate the averages for both companies. Briefly explain the ratio and interpret the values for the companies.

Div Yld CVX XOM
2019 4.0% 4.6%
2020 5.8% 7.8%
2021 5.1% 6.0%
2022 3.6% 3.9%
2023 2.2% 4.0%
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