Page title
Section title
- Dividend Yield
- 4.64%
- Payout Ratio
- 61.57%
- Dividend Amount Per Share
- $6.28
- Last Ex-Dividend Date
- Aug 19, 2024
CVX Dividend Safety
CVX paid out 61.57% of its $21B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
CVX's Dividend Payout Ratio of 61.569% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
CVX's Interest Coverage Ratio of 51.847 indicates strong financial health with easy coverage of interest expenses.
Income Quality
CVX shows excellent income quality with a ratio of 1.663. This indicates high-quality earnings and low risk of dividend cuts.
CVX Dividend Growth
Chevron Corporation(CVX) offers a dividend yield of 4.64% and pays $6.28 in dividends per share. Explore the historical dividend growth of CVX.
Dividend Stability
CVX has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
CVX's dividend payments have shown moderate growth, growing by 6.495% annually over the last 5 years.
Earnings Growth
CVX's earnings have grown by 48.854% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
CVX Dividend Yield Attractiveness
Chevron Corporation(CVX) provides a dividend yield of 4.64%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
4.64%
5.72%
5.92%
8.46%
Dividend Yield
CVX's dividend yield of 4.64% is considered good compared to the sector average of 5.715%, providing a strong safety margin for investors.
CVX Cash Flow
Over the past 12 months, CVX generated $195B in revenue, produced $18B in free cash flow, and distributed $12B in dividends.
Free Cash Flow Growth
CVX's free cash flow has grown by 8.425% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
CVX Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Chevron Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.