Dividend Aristocrat and oil giant Chevron (CVX) declared a quarterly dividend of $1.34 per share, which is an increase of five cents ($0.05) per share or approximately 4 percent from the prior dividend of $1.29.
The dividend is payable June 10, 2021, to all holders of common stock at the close of business May 19, 2021 and ex-dividend date is May 18.
The current dividend yield is just above 5% and year-to-date the stock price is up $19.86 or +23.27%.
The earnings call is expected tomorrow April 30, 2021.
This dividend raise will be the 34th consecutive year with an increase in annual dividend payout per share.
