ExxonMobil and Chevron's Banner Results: Which Is the Better Dividend Stock to Buy Now?

On Feb. 2, ExxonMobil (NYSE: XOM) and (NYSE: CVX) reported their fourth-quarter and full-year 2023 results. It was the second-best year for both companies over the last decade (the best being 2022 when Brent crude oil prices averaged over $100 a barrel).

Chevron rallied just shy of 3% on its news, while Exxon fell 0.4%. Zoom out, and Exxon is up 115% over the last three years compared to 71.1% for Chevron. Here's what you need to know to determine which dividend stock is best for you.

Image source: Getty Images.

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Source Fool.com