Dividend Aristocrat Chevron (CVX) will raise its quarterly dividend by 11.1 percent to $0.09 per share quarterly, marking 25 years of consecutive annual dividend increases. The next dividend will be paid on June 11, 2012 to shareholders of record on May 18, 2012.

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.