This Passive-Income Powerhouse Just Raised Its Dividend for the 37th Consecutive Year to an All-Time High
On Jan. 25, 2023, Chevron (NYSE: CVX) announced its 36th consecutive annual dividend raise when it boosted its dividend by 6%. Investors were hoping for another raise in the Feb. 2, 2024, fourth-quarter earnings release -- and they got just that.
Chevron announced an 8% dividend raise lifting the payout to $1.63 per share per quarter -- or $6.52 per share per year.
Here's a look at Chevron's history of dividends, why this raise is meaningful, and why the dividend stock is a good value.
Source Fool.com
Chevron Corp. Aktie
145,42 €
0,23 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 26 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Für Chevron Corp. sieht die Community ein Kursziel von 179 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 145.42 € bedeutet.
