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.
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