Chevron (CVX) Raises Quarterly Dividend 6.3% to $1.51; 3.4% Yield

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Chevron goes big with new $75 billion buyback, surpassing Exxon's

January 25, 2023 5:20 PM EST

Chevron (NYSE: CVX) shares rose 2.5% after-hours Wednesday after the company announced a massive buyback plan and another dividend hike.

The oil giant's Board authorized the repurchase of $75 billion of the companys common shares. The new plan is three times the size... More

Chevron (CVX) Increases Quarterly Dividend; Announces $75B Stock Repurchase Program

January 25, 2023 4:31 PM EST

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, an increase of nine cents ($0.09) per share or approximately 6 percent. The dividend is payable March 10, 2023, to all holders of common stock as shown on the transfer records of the Corporation at the close of... More