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Chevron Corporation (CVX)
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CVX Dividends

Chevron Corporation (CVX) pays $6.98 in dividends per share, with a current dividend yield of 3.66%. The company has dividend history for 38 consecutive years.

CVX Dividend Summary

Consecutive Years

38

Most Recent Ex-Date

May 19, 2026

Most Recent Payment

Jun 10, 2026

CVX Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

CVX Dividends CAGR Chart

Chevron Corporation (CVX)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$3.56
2025$6.84+4.91%
2024$6.52+7.95%
2023$6.04+6.34%
2022$5.68+6.97%
2021$5.31+2.91%
2020$5.16+8.40%
2019$4.76+6.25%
2018$4.48+3.70%
2017$4.32+0.70%
2016$4.29+0.23%
2015$4.28+1.66%
2014$4.21+7.95%
2013$3.90+11.11%
2012$3.51+13.59%
2011$3.09+8.80%
2010$2.84+6.77%
2009$2.66+5.14%
2008$2.53+11.95%
2007$2.26+12.44%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.78+4.09%
Q1 2026$1.78+4.09%
Q4 2025$1.71+4.91%
Q3 2025$1.71+4.91%
Q2 2025$1.71+4.91%
Q1 2025$1.71+4.91%
Q4 2024$1.63+7.95%
Q3 2024$1.63+7.95%
Q2 2024$1.63+7.95%
Q1 2024$1.63+7.95%
Q4 2023$1.51+6.34%
Q3 2023$1.51+6.34%
Q2 2023$1.51+6.34%
Q1 2023$1.51+6.34%
Q4 2022$1.42+5.97%
Q3 2022$1.42+5.97%
Q2 2022$1.42+5.97%
Q1 2022$1.42+10.08%
Q4 2021$1.34+3.88%
Q3 2021$1.34+3.88%
Q2 2021$1.34+3.88%
Q1 2021$1.29+0.00%
Q4 2020$1.29+8.40%
Q3 2020$1.29+8.40%

Dividend Yield Metrics

Current Yield
3.66%
Average Yield (TTM)
3.66%
Average Yield (3Y)
3.39%
Forward Yield on Cost (3Y)
4.71%
Forward Yield on Cost (5Y)
5.58%
Forward Yield on Cost (10Y)
8.51%

Payout Ratio Analysis

Payout Ratio (Current)
104.96%
FCF Payout Ratio
96.52%
Payout Ratio (3Y Avg)
74.20%
Payout Ratio (5Y Avg)
63.74%
FCF Payout (3Y Avg)
70.61%
FCF Payout (5Y Avg)
57.85%

Dividend Coverage

Payout Ratio
105.0%
Dividends / net income
FCF Payout Ratio
96.5%
Dividends / free cash flow
Consecutive Years
38 years
Years with regular dividend payments
5Y Dividend Growth
5.8%
Compound annual dividend growth

About Chevron Corporation

Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation. This also encompasses the processing, liquefaction, transit, and regasification of liquefied natural gas (LNG), as well as pipeline transport of crude oil and the movement, storage, and sale of natural gas. Additionally, this segment manages a facility dedicated to converting natural gas into liquid fuels. In contrast, the Downstream segment is tasked with refining crude oil into a variety of petroleum products. Its activities include the merchandising of crude oil, refined goods, and lubricants, in addition to the creation and distribution of renewable fuels. This division is also responsible for moving crude oil and refined products using a range of methods, including pipelines, ships, motor vehicles, and rail cars. Furthermore, it produces and markets bulk petrochemicals, industrial-grade plastics, and additives for both fuels and lubricants. Beyond these core ventures, Chevron is also involved in financial management, debt financing, insurance underwriting, real estate development, and various technology-driven enterprises. Founded in 1879, the company operated as ChevronTexaco Corporation until it officially became Chevron Corporation in 2005. Its corporate headquarters are situated in San Ramon, California.

Houston, TX
45,298 employees
Energy / Oil & Gas Integrated
Sector
Energy
Industry
Oil & Gas Integrated
CEO
Michael K. Wirth