Wednesday, April 28th the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend increase of from $ 1.29 to $ 1.34 per share that’s payable June 10, 2021 to holders of record May 19, 2021. This represents a 3.88% increase over the last quarterly dividend.
This increase puts Chevron on track to make 2021 the 34th consecutive year with an increase in annual dividend payout per share.
With current price $ 106.90 (yesterday's close), this raise brings their dividend yield to 5.01%.