Chevron increases dividend by another 3.8 percent in 2011 Dividendhike.com | Dividend News and Statistics for US Equities

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

Chevron hikes dividend by 3.8%

Wednesday 26 October 2011

Chevron (CVX) will raise its quarterly dividend by 3.8 percent to $0.81 per share in the fourth quarter of 2011. This marks the oil company's second dividend hike this year. The next dividend will be paid on December 12, 2011 to shareholders of record on November 18, 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.

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