Higher pay for insiders at Exxon (XOM) and Chevron (CVX) should translate to higher pay for...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Higher pay for insiders at Exxon (XOM) and Chevron (CVX) should translate to higher pay for common shareholders, Jon Ogg writes as he predicts dividend hikes. CVX already enjoys a 3% yield and XOM pays 2.6%, so Ogg expects XOM to raise its dividend by a higher percentage than CVX. Both pay out a bit less than 30% of their expected forward earnings, so they can raise dividends handily if they choose.