Chevron As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
CVX $6.04 6.3% 6.0% 3.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Integrated Energy 3.6% 36 6.2% Quarter 1912

Oil major Chevron (CVX) will raise its quarterly dividend by 8.3 percent to $0.78 per share in the second quarter of 2011. The next dividend will be paid on June 10, 2011 to shareholders of record on May 19, 2011.

Chevron Corporation is global energy company. The company operates through two business segments, Upstream and Downstream, through which produces and transports crude oil and natural gas and refines, markets, and distributes fuels. Chevron is also involved in chemical and mining operations, power generation, and energy services. Earnings of the company depend mostly on the profitability of its upstream business segment. The biggest factor affecting the results of operations for the upstream segment is the price of crude oil.