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CVX

Chevron Corporation

Dividend AristocratS&P 500
CVX|Energy|Oil & Gas Integrated|$206.79|P/E 29.7|MCap 393.6B|NYSE

Last update: Mar 25, 2026 at 04:53

About Chevron Corporation

Chevron Corporation is an integrated energy company engaged in the exploration, production, refining, and marketing of oil and natural gas worldwide. It ranks as the second-largest oil company in the United States, with daily production of 3.1 million barrels of oil equivalent, including 1.8 million barrels of liquids and 7.7 million cubic feet of natural gas. Operations span North America, South America, Europe, Africa, Asia, and Australia, supported by refineries in the US and Asia boasting a total capacity of 1.8 million barrels per day. As of year-end 2023, proven reserves stood at 11.1 billion barrels of oil equivalent, comprising 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas. The company also manufactures transportation fuels, lubricants, petrochemicals, and additives while developing energy technologies. Headquartered in Houston, Texas, and founded in 1879, Chevron Corporation employs approximately 45,600 people and plays a pivotal role in the global energy sector, particularly within the oil and gas integrated industry, contributing to large-value stock classifications in financial markets.

Dividend Overview

Dividend Yield

3.51%

Annual Dividend

$6.91

Frequency

Quarterly

Payout Ratio

103.17%

FCF Payout Ratio

76.85%

Stock Price

$206.79

52-Week Range

$132.04 $209.79

Dividend Health Score

64/ 100Safe

CVX's dividend appears safe and well-supported. Strengths include a 39.2% cfo payout ratio & 17.2x interest coverage. Areas of concern: 103.2% earnings payout ratio & 7.2% return on equity. As a Dividend Aristocrat with 25+ consecutive years of increases, CVX has a proven commitment to shareholders.

Based on 15 of 15 metrics

Payout & Coverage

Caution
Earnings Payout Ratio
103.2%Danger
FCF Payout Ratio
76.8%Caution
CFO Payout Ratio
39.2%Safe
Interest Coverage
17.2xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
10.6%Safe
Current Ratio
1.2xCaution
Debt-to-Equity
24.3Very Safe

Profitability

Caution
Return on Equity
7.2%Warning
Operating Margin
9.5%Caution
Gross Margin
31.8%Caution
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
5.8%Safe
Earnings Stability
Mostly StableCaution

Dividend History (2016–2025)

CVX annual dividend per share and yield history

Earnings & Profitability

CVX earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

February 17, 2026

Next Payment Date

March 10, 2026

Dividend Growth

3-Year Dividend CAGR

6.39%

5-Year Dividend CAGR

5.80%

10-Year Dividend CAGR

4.80%

3-Year Total Growth

20.42%

5-Year Total Growth

32.56%

10-Year Total Growth

59.81%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

CVX Dividend Calculator

Total Investment

$20,679.00

Annual Income

$691.00

Quarterly Income

$172.75

Monthly Income

$57.58

Similar Dividend Stocks

StockYield5Y CAGRPrice
CVX
CVX
3.51%5.80%$206.79
XOM
XOM
2.57%2.82%$165.38

Frequently Asked Questions

What is CVX's current dividend yield?
Chevron Corporation (CVX) currently has a dividend yield of 3.51%, based on a stock price of $206.79 and an annual dividend of $6.91.
When is CVX's next dividend payment date?
CVX's next ex-dividend date is 2026-02-17 and the next payment date is 2026-03-10. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CVX pay in dividends per year?
Chevron Corporation paid $6.84 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CVX been increasing its dividend?
Yes, Chevron Corporation is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 5.80%, a 3-year CAGR of 6.39% and a 10-year CAGR of 4.80%.
Is CVX's dividend safe?
Chevron Corporation has a payout ratio of 103.17%. Its free cash flow payout ratio is 76.85%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is CVX's Dividend Health Score calculated?
The Dividend Health Score evaluates Chevron Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for energy companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track CVX Dividends with OnlyDividends

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.