Thursday, January 31, 2019

Dividend Increase – Chevron Corporation (CVX)



Yesterday, January 30, the Board of Directors of Chevron Corporation announced a quarterly dividend increase of from $ 1.12 to $ 1.19 per share that’s payable March 11, 2019 to holders of record February 15, 2019. The declared dividend represents a 6.25 percent increase from the prior quarterly rate.

With current price $ 113.80 (today's open), this raise brings their dividend yield to 4.18%.



Since I own 60 shares of CVX, this will increase my portfolio's projected annual net dividend income by $ 12.52.

This increase rises my YOC to 4.24%.


Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88
 7
 TELIA1
2.61% 
13.00 
14.82 
8
NCC
-50.00%
-86.22
-98.61
9
CVX
6.25%
10.90
12.52
10
UPM
13.04%
122.93
140.95






TOTAL

€90.68
$104.49

Increases have been reported by deducting a 25.5% capital income tax.


Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long CVX

Thanks for stopping by!

2 comments:

  1. Love seeing raises and watching that passive income meter grow! Thanks for sharing. AFFJ

    ReplyDelete
  2. Thanks for listing all these dividend increases. I did not notice that UPM and Telia announced dividend increases in January!

    ReplyDelete