Chevron Dividends and Buybacks
Dividend criteria checks 5/6
Chevron is a dividend paying company with a current yield of 4.02% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
4.0%
Dividend yield
4.8%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 0.4% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | CL$6.264k |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CVXCL's dividends per share have been stable in the past 10 years.
Growing Dividend: CVXCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chevron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVXCL) | 4.0% |
| Market Bottom 25% (CL) | 3.2% |
| Market Top 25% (CL) | 9.1% |
| Industry Average (Oil and Gas) | 14.2% |
| Analyst forecast (CVXCL) (up to 3 years) | 4.4% |
Notable Dividend: CVXCL's dividend (4.02%) is higher than the bottom 25% of dividend payers in the CL market (3.23%).
High Dividend: CVXCL's dividend (4.02%) is low compared to the top 25% of dividend payers in the CL market (9.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), CVXCL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.5%), CVXCL's dividend payments are covered by cash flows.