Chevron Announces Quarterly Dividend

Rhea-AI Summary

Chevron Corporation (NYSE: CVX) announced a quarterly dividend of $1.29 per share, reflecting the company's commitment to returning value to shareholders. This dividend is payable on December 10, 2020, to shareholders recorded by the close of business on November 18, 2020. This consistent dividend policy underscores Chevron's financial strength and operational stability amidst market fluctuations.

Positive

• Declared quarterly dividend of $1.29 per share, demonstrating return value to shareholders.
• Dividend payment date on December 10, 2020, reflects reliable financial 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 twenty-nine cents ($1.29) per share, payable December 10, 2020, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2020.