Attractive stocks have exceptional fundamentals. In the case of Chevron Corporation (NYSE:CVX), there's is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Chevron here.
6 star dividend payer with adequate balance sheet
CVX is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that CVX has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. CVX appears to have made good use of debt, producing operating cash levels of 0.89x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, CVX is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.8%, making it one of the best dividend companies in the market.
For Chevron, I've put together three important factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for CVX’s future growth? Take a look at our free research report of analyst consensus for CVX’s outlook.
- Historical Performance: What has CVX's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CVX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
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Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide.
The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.
|Analysis Area||Score (0-6)|
Read more about these checks in the individual report sections or in our analysis model.
Outstanding track record with excellent balance sheet and pays a dividend.