Chevron Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Chevron Corporation (NYSE: CVX) has declared a quarterly dividend of $1.34 per share, payable on December 10, 2021, to shareholders on record as of the close of business on November 18, 2021. Chevron is a leading integrated energy company, focused on delivering affordable and reliable energy while reducing carbon intensity in its operations. The company is committed to growing its lower carbon businesses alongside its traditional energy operations.

Positive

• Declaring a quarterly dividend of $1.34 per share enhances shareholder returns.
• Demonstrates company confidence in ongoing profitability and cash flow management.

Negative

• None.

SAN RAMON, Calif.--(BUSINESS WIRE)-- The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and thirty-four cents ($1.34) per share, payable December 10, 2021, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2021.

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005229/en/

Sean Comey -- +1 925-842-5509

Source: Chevron Corporation

FAQ

What is the amount of Chevron's latest dividend payment?

Chevron has declared a quarterly dividend of $1.34 per share.

When will Chevron's dividend be paid?

The dividend will be paid on December 10, 2021.

What is the record date for Chevron's dividend payment?

The record date for the dividend payment is November 18, 2021.

How often does Chevron pay dividends?

Chevron typically pays dividends on a quarterly basis.

Is Chevron focused on sustainability in its operations?

Yes, Chevron is focused on lowering carbon intensity and growing lower carbon businesses.