Dividend Increase – Chevron Corporation (CVX)

Yesterday the Board of Directors of Chevron Corporation announced a quarterly dividend increase of from $ 1.08 to $ 1.12 per share that’s payable March 12, 2018 to holders of record February 16, 2017. This represents a 3.70% increase to regular quarterly dividends. With current price $ 125.35 (yesterday's close), this raise brings their dividend yield to 3.57%. 

Since I own 60 shares of CVX, this will increase my yearly net dividends by $ 7.15.

That increase rises my YOC to 3.99%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long CVX 

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