Chevron Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Chevron Corporation (NYSE: CVX) has declared a quarterly dividend of $1.42 per share, scheduled for payment on June 10, 2022. Shareholders on record as of the close of business on May 19, 2022, will receive this dividend. Chevron continues to focus on producing reliable and cleaner energy while also developing technologies to enhance operational efficiency. The company aims to lower carbon intensity in its operations and grow its lower carbon businesses alongside traditional energy sources.

Positive

• Quarterly dividend declared at $1.42 per share, enhancing shareholder income.
• Commitment to lowering carbon intensity while maintaining traditional business lines.

Negative

• None.

SAN RAMON, Calif.--(BUSINESS WIRE)-- The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable June 10, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 19, 2022.

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/20220427006006/en/

Braden Reddall, +1 925-842-2209

 

Source: Chevron Corporation

FAQ

What is the dividend amount declared by Chevron Corporation (CVX)?

Chevron Corporation declared a quarterly dividend of $1.42 per share.

When will Chevron's dividend be paid?

The dividend will be paid on June 10, 2022.

What is the record date for Chevron's dividend?

The record date for the dividend is May 19, 2022.

How often does Chevron pay dividends?

Chevron typically pays dividends quarterly.

Is Chevron committed to sustainability?

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