3 Energy Giants Amp Up Dividends—Here’s What It Means for Investors
Yahoo Finance·2025-11-17 18:36

Core Insights - Three major energy companies are increasing their dividends, providing attractive opportunities for income-focused investors in the oil and nuclear sectors [2][7] Exxon Mobil - Exxon Mobil has increased its dividend for the 43rd consecutive year, now offering a 3.5% yield with a recent payout of $1.03 per share, marking a 4% increase from the previous dividend [4][7] - The company has a market capitalization of $500 billion, significantly larger than its closest competitor, Chevron, which has a market cap of $315 billion [3] - In 2025, Exxon has delivered a solid 15% return, outperforming the Energy Select Sector SPDR Fund's 10% return but still lagging behind the S&P 500's 16% return [3] Cameco - Cameco, a $37 billion nuclear energy company, has surprised investors with a 50% dividend hike, raising its annual payout to 24 cents per share, which was initially expected to be reached in 2026 [5][8] - The company operates the world's largest high-grade uranium mine and mill, and its shares have surged approximately 65% in 2025 [5] - Pre-tax earnings in Cameco's core uranium business increased by around 11% to $681 million in the first nine months of 2025, compared to $615 million in the same period of 2024 [6] Dividend Trends in Energy Sector - Dividend growth in the energy sector remains robust despite mixed stock performance in 2025, indicating confidence in long-term cash flows [7] - Alongside Exxon Mobil and Cameco, ConocoPhillips has also raised its dividends, with a shift to a pure base dividend strategy [7]