Chevron Dividend

Dividend criteria checks 5/6

Chevron is a dividend paying company with a current yield of 3.94% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 16th May, 2024.

Key information

3.9%

Dividend yield

56%

Payout ratio

Industry average yield3.9%
Next dividend pay date10 Jun 24
Ex dividend date16 May 24
Dividend per sharen/a
Earnings per shareUS$11.01
Dividend yield forecast in 3Y4.4%

Recent dividend updates

Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's

Feb 05
Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's

Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 13
Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Chevron Stock's EPS Growth Potential Can Surprise Market

May 08

Chevron: The Fast Way To Hot Spots

May 01

Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Apr 30
Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Chevron: Resilient To Oil Price Volatility But Wait For A Pullback

Apr 19

Chevron: A Strong Q1 Report Is Ahead

Apr 13

Chevron: Solid As A Cap Rock But Fairly Valued For Now

Mar 26

Chevron: Exxon Barges In To Scupper The Hess Deal Closure

Mar 12

Chevron Is A Solid Company At A Respectable Price

Feb 27

Chevron: Is This A Good Dividend Stock To Buy?

Feb 07

Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's

Feb 05
Chevron's (NYSE:CVX) Upcoming Dividend Will Be Larger Than Last Year's

Value Investors Take Note! Why Chevron May Be A Must-Own Stock

Jan 29

We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt

Jan 26
We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt

Chevron And Hess Merger May Be At Risk As Geopolitical Risk Escalates

Jan 08

Chevron: Fill Up The Income Tank And Buy This 4%-Yielding Dividend Aristocrat

Dec 22

Lacklustre Performance Is Driving Chevron Corporation's (NYSE:CVX) Low P/E

Dec 18
Lacklustre Performance Is Driving Chevron Corporation's (NYSE:CVX) Low P/E

Chevron And Hess: Scenario Analysis Relating To Geopolitical Risk

Dec 04

Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)

Nov 30
Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)

Chevron Made New 52-Week Lows, But The Dividend Remains Safe

Nov 27

Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 13
Chevron's (NYSE:CVX) Shareholders Will Receive A Bigger Dividend Than Last Year

Buy HES, Sell CVX

Nov 06

Chevron Makes Hess Its Largest Acquisition

Oct 30

Chevron: Surprising But Delightful Deal For Hess Announcement

Oct 23

Chevron Offers Smoother Ride In Any Oil Market

Oct 16

We Think Chevron (NYSE:CVX) Can Manage Its Debt With Ease

Oct 05
We Think Chevron (NYSE:CVX) Can Manage Its Debt With Ease

Chevron Stock: Outlook Amid California Lawsuit

Oct 04

Chevron: Take Some Profit With Warren Buffett (Rating Downgrade)

Sep 26

Oil Could Hit $300 A Barrel

Sep 18

There's Been No Shortage Of Growth Recently For Chevron's (NYSE:CVX) Returns On Capital

Sep 02
There's Been No Shortage Of Growth Recently For Chevron's (NYSE:CVX) Returns On Capital

Chevron: Ready To Become The Next Dividend Champion Of This Decade

Aug 25

Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)

Aug 15
Calculating The Fair Value Of Chevron Corporation (NYSE:CVX)

Upcoming Dividend Payment

TodayMay 10 2024Ex Dividend DateMay 16 2024Dividend Pay DateJun 10 202425 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CVX's dividends per share have been stable in the past 10 years.

Growing Dividend: CVX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Chevron Dividend Yield vs Market
How does CVX dividend yield compare to the market?
SegmentDividend Yield
Company (CVX)3.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Oil and Gas)3.9%
Analyst forecast in 3 Years (CVX)4.4%

Notable Dividend: CVX's dividend (3.94%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: CVX's dividend (3.94%) is low compared to the top 25% of dividend payers in the US market (4.65%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.5%), CVX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.5%), CVX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.