The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share, payable December 10, … Chevron’s dividend yield is about 5.9%, and Exxon’s yield is 8.7%. But enough to justify it. Problem is, how long and how good? Create your Watchlist to save your favorite quotes on Nasdaq.com. The question is how long that can continue. Chevron’s dividend safety is far above the average in the energy industry. Income investors can buy Chevron for 2021 but need to pay close attention. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. Buy Conservative Chevron Stock for Its Big Dividend CVX stock is expensive but the company has a sound strategy for Covid-19 By Faizan Farooque Jun 10, 2020, 6:31 am EST June 9, 2020 Despite the scenario, Chevron is now in a much better place financially with almost no risk for trimming dividend payments, while ExxonMobil’s dividend outlook is at risk. Shares are down almost 26%, which is terrible except Exxon is down nearly 40%. C hevron Corporation (CVX) will begin trading ex-dividend on August 18, 2020. A month later I worried about its dividend. Still, Chevron’s decision to focus on sure things means it is taking on new debt more slowly than Exxon. Find Stock Information for Chevron (CVX). Next year must be better, right? The Dividend Looks Safe for Chevron Stock Through 2021. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only), SPDR Select Sector Fund - Energy Select Sector (XLE), iShares MSCI Global Energy Producers Fund (FILL). Its dividend yield is slightly more than 6%. CVX's most recent quarterly dividend payment was made to shareholders of record on Thursday, December 10. 3, 5, 10 Year Growth Rate (CAGR). Chevron finished buying Noble Energy for $5 billion in stock in October, adding its interests in the Permian Basin and eastern Mediterranean. Chevron increased its dividend If you're considering investing in Chevron stock right now, there's a good chance you're doing so because of its 6% dividend yield. This marks the 3rd quarter that CVX has paid the same dividend. Dividend Growth Summary. The dividend yield measures the ratio of dividends paid / share price. Even with Noble, future capital budgets have been slashed by one-third, from $19-22 billion to $14-16 billion through 2025. Shareholders who purchased CVX prior to the ex-dividend date are eligible for the cash dividend payment. Valuation & Expected Total Returns. Right now, the dividend yields 5.7% and most analysts are on board. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Show full articles without "Continue Reading" button for {0} hours. This is primarily due to the fact that the company’s earnings can be quite volatile. With the pandemic ending, with competitors having busted and people free to travel, Chevron is promising better times. Dividend Growth Rate Summary. Chevron still has positive free cash flow. Find the latest Dividend Yield (TTM) for Chevron Corporation (CVX) You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. A month later I worried about its dividend. I said in March that Chevron was liquidating itself. Its conservative attitude means it didn’t have to take the huge asset write-down of its rival. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Chevron pays an annual dividend of $5.16 per share, with a dividend yield of 6.11%. But there are still risks for CVX stock. Chevron says it has a lower break-even price on oil than Exxon and creates less pollution per barrel. Chevron Corp CVX Morningstar Rating Rating as of Jan 1, 2021. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i