GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chevron Corp (NYSE:CVX) » Definitions » Dividend Yield %

Chevron (Chevron) Dividend Yield %

: 3.85% (As of Today)
View and export this data going back to 1983. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of Chevron is 3.85%.

Good Sign:

Chevron Corp stock dividend yield is close to 2-year high.

The historical rank and industry rank for Chevron's Dividend Yield % or its related term are showing as below:

CVX' s Dividend Yield % Range Over the Past 10 Years
Min: 2.87   Med: 3.88   Max: 8.01
Current: 3.85

During the past 13 years, the highest Dividend Yield of Chevron was 8.01%. The lowest was 2.87%. And the median was 3.88%.

CVX's Dividend Yield % is ranked worse than
52.74% of 493 companies
in the Oil & Gas industry
Industry Median: 4.07 vs CVX: 3.85

Chevron's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.44.

During the past 13 years, the highest Dividend Payout Ratio of Chevron was 3.09. The lowest was 0.31. And the median was 0.62.

As of today (2024-04-19), the Forward Dividend Yield % of Chevron is 4.10%.

Chevron's Dividends per Share for the three months ended in Dec. 2023 was $1.51.

During the past 12 months, Chevron's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chevron was 13.90% per year. The lowest was 0.90% per year. And the median was 6.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Chevron Dividend Yield % Historical Data

The historical data trend for Chevron's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chevron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 6.11 4.52 3.19 4.05

Chevron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.19 3.54 3.72 3.53 4.05

Competitive Comparison

For the Oil & Gas Integrated subindustry, Chevron's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chevron Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Chevron's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Chevron's Dividend Yield % falls into.



Chevron Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Chevron Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6302024-02-152024-02-162024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.5102023-11-162023-11-172023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.5102023-08-172023-08-182023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.5102023-05-182023-05-192023-06-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Chevron's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.16/160.00
=3.85 %

Current Share Price is $160.00.
Chevron's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.16.

Chevron's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6.52/160.00
=4.08 %

Current Share Price is $160.00.
Chevron's Dividends per Share for the forward twelve months is calculated as $1.63 * 4 = $6.52.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chevron  (NYSE:CVX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Chevron Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Chevron's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chevron (Chevron) Business Description

Address
6001 Bollinger Canyon Road, San Ramon, CA, USA, 94583-2324
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2022 stood at 11.2 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.
Executives
Pierre R Breber officer: Vice President and President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Jeff B Gustavson officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Alana K Knowles officer: VP and Controller 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Rhonda J Morris officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
James William Johnson officer: Senior Vice President 5125 DOLIVER DRIVE, HOUSTON TX 77056
Alice P Gast director LEHIGH UNIVERSITY, 27 MEMORIAL DRIVE WEST, BETHLEHEM PA 18015
Michael K Wirth officer: Executive Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
R. Hewitt Pate officer: VP and General Counsel 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Andrew Nigel Hearne officer: Executive Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Wanda M Austin director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Joseph C Geagea officer: Senior Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Enrique Jr Hernandez director INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
David A Inchausti officer: Vice Pres. and Comptroller 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Mark A Nelson officer: Vice President 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583

Chevron (Chevron) Headlines