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Re: DewDiligence post# 929

Monday, 10/23/2023 11:57:44 AM

Monday, October 23, 2023 11:57:44 AM

Post# of 948
CVX raising dividend by 8% in Jan 2024:

https://www.chevron.com/newsroom/2023/q4/chevron-announces-agreement-to-acquire-hess

In January, Chevron expects to recommend an increase to its first quarter dividend per share of 8% to $1.63, which will be subject to the approval of the Chevron Board of Directors.

At the current share price (~$163), the new annualized payout of $6.52 is a yield of 4.0%.

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