CVX Dividend History & Analysis | 4.1% Yield

CVX has a dividend yield of 4.1% and paid 6.98 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.12%
Payout Ratio 106.6%
Growth Rate CAGR 5y 6.3%
Consistency Lifetime 100%
Yield on Cost 5y 8.2%
Payout FCF 99.4%
Streak Years 5
Dividend Rating 68%
Chowder Number yield + growth 10.5% below 12% target for healthy growth
Yield vs Average 5y +7.3% avg 3.84% vs now 4.12%
Debt / EBITDA leverage 1.0x healthy
Income per 10k invested 412 USD per year
Dividends Cash Amount per Share Yearly CVX annual dividends paid per share, showing the total cash Chevron distributed to shareholders each year.
Dividend Growth Year over Year CVX year-over-year dividend growth rate, showing how Chevron's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CVX dividend yield history versus share price over the past 5 years, showing how Chevron's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Integrated Oil & Gas

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PBR NYSE
Petroleo Brasileiro
103,819 M 6.47% 26.10%
OMV VI
OMV Aktiengesellschaft
20,393 M 7.40% 14.81%
ENI MI
Eni S.p.A.
68,002 M 5.68% 14.54%
REP MC
Repsol S.A.
28,013 M 5.61% 14.42%
BPE5 XETRA
BP (Reg. Shares)
96,194 M 6.35% 11.82%
E NYSE
Eni
68,345 M 5.15% 13.13%
EQNR OL
Equinor ASA
77,181 M 5.54% 12.19%
TTE PA
TotalEnergies SE
169,353 M 5.52% 12.13%
BP NYSE
BP
96,307 M 5.29% 9.83%
EC NYSE
Ecopetrol
29,707 M 4.89% 9.45%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CVE NYSE
Cenovus Energy
45,968 M 30.38% 90.7%
OXY NYSE
Occidental Petroleum
48,648 M 28.47% 91.7%
IMO NYSE MKT
Imperial Oil
56,571 M 23.54% 100.0%
REP MC
Repsol S.A.
28,013 M 14.73% 100.0%
BPE5 XETRA
BP (Reg. Shares)
96,194 M 11.73% 100.0%
BP NYSE
BP
96,307 M 11.62% 100.0%
SHELL AS
Shell
214,688 M 10.11% 100.0%
CVX NYSE
Chevron
336,978 M 6.34% 100.0%
GALP LS
Galp Energia SGPS S.A.
17,436 M 6.49% 100.0%
XOM NYSE
Exxon Mobil
568,231 M 4.01% 100.0%

CVX Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 1.02% 100
Mar - -
Apr - -
May 0.99% 100
Jun - -
Jul - -
Aug 1.09% 100
Sep - -
Oct - -
Nov 1.03% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-19 2026-05-19 2026-06-10 Quarterly 1.78 0% 0.91%
2026-02-17 2026-02-17 2026-03-10 Quarterly 1.78 +4.1% 0.97%
2025-11-18 2025-11-18 2025-12-10 Quarterly 1.71 0% 1.12%
2025-08-19 2025-08-19 2025-09-10 Quarterly 1.71 0% 1.11%
2025-05-19 2025-05-19 2025-06-10 Quarterly 1.71 0% 1.23%
2025-02-14 2025-02-14 2025-03-10 Quarterly 1.71 +4.9% 1.1%
2024-11-18 2024-11-18 2024-12-10 Quarterly 1.63 0% 1.02%
2024-08-19 2024-08-19 2024-09-10 Quarterly 1.63 0% 1.12%
2024-05-16 2024-05-17 2024-06-10 Quarterly 1.63 0% 1.01%
2024-02-15 2024-02-16 2024-03-11 Quarterly 1.63 +7.9% 1.09%
2023-11-16 2023-11-17 2023-12-11 Quarterly 1.51 0% 1.06%
2023-08-17 2023-08-18 2023-09-11 Quarterly 1.51 0% 0.95%
2023-05-18 2023-05-19 2023-06-12 Quarterly 1.51 0% 0.99%
2023-02-15 2023-02-16 2023-03-10 Quarterly 1.51 +6.3% 0.89%
2022-11-17 2022-11-18 2022-12-12 Quarterly 1.42 0% 0.78%
2022-08-18 2022-08-19 2022-09-12 Quarterly 1.42 0% 0.9%
2022-05-18 2022-05-19 2022-06-10 Quarterly 1.42 0% 0.82%
2022-02-15 2022-02-16 2022-03-10 Quarterly 1.42 +6% 1.07%
2021-11-17 2021-11-18 2021-12-10 Quarterly 1.34 0% 1.17%
2021-08-18 2021-08-19 2021-09-10 Quarterly 1.34 0% 1.36%

CVX Dividend FAQ

What is the Dividend Yield of CVX?

As of July 2026, CVX's dividend yield is 4.12%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.98 USD by the current share price of 174.01.

Does CVX pay a dividend?

As of July 2026, CVX paid a dividend of 6.98 USD in the last 12 months. The last dividend was paid on 2026-05-19 and the payout was 1.78 USD.

How often does CVX pay dividends?

CVX pays dividends quarterly. Over the last 12 months, CVX has issued 4 dividend payments. The last dividend payment was made on 2026-05-19.

CVX dividend forecast

Based on historical data, the forecasted dividends per share for CVX for the next payments are between 1.754 (-1.5%) and 1.85 (+3.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.13%.

Will CVX pay dividends in 2026?

The latest dividend paid per share was 1.78 USD with an Ex-Dividend Date of 2026-05-19. The next Ex-Dividend date for Chevron (CVX) is currently unknown.

What is the next Ex-Dividend Date for CVX?

The next Ex-Dividend date for Chevron (CVX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CVX?

CVX's average dividend growth rate over the past 5 years is 6.34% per year. Strong growth: CVX's dividend growth is outpacing inflation.

What is the Yield on Cost of CVX?

CVX's 5-Year Yield on Cost is 8.23%. If you bought CVX's shares at 84.77 USD five years ago, your current annual dividend income (6.98 USD per share, trailing 12 months) equals 8.23% of your original purchase price.

What is the Payout Consistency of CVX?

CVX Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Chevron has a strong track record of consistent dividend payments over its lifetime.

Does CVX have a good Dividend Yield?

CVX's 4.12% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of CVX?

The Dividend Payout Ratio of CVX is 106.6%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of CVX?

CVX's Overall Dividend Rating is 68.01%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CVX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in CVX's Outstanding Shares?

Chevron's outstanding shares have increased by approximately 2.76% annually over the past 3 years (Trend Reliability: 2.2%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has CVX ever had a Stock Split?

Yes, the last stock split was on Sep 13, 2004 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1993 1,302,262,000 0%
1994 1,303,790,000 +0.12%
1995 1,305,126,000 +0.1%
1996 1,306,646,000 +0.12%
1997 1,307,356,000 +0.05%
1998 1,309,354,000 +0.15%
1999 1,312,264,000 +0.22%
2000 1,284,050,000 -2.15%
2001 2,120,160,000 +65.12%
2002 2,124,034,000 +0.18%
2003 2,125,436,000 +0.07%
2004 2,090,609,000 -1.64%
2005 2,213,980,000 +5.9%
2006 2,145,518,000 -3.09%
2007 2,066,420,000 -3.69%
2008 1,991,128,000 -3.64%
2009 1,994,983,000 +0.19%
2010 2,006,541,000 +0.58%
2011 1,987,146,000 -0.97%
2012 1,952,298,000 -1.75%
2013 1,919,324,000 -1.69%
2014 1,883,650,000 -1.86%
2015 1,874,313,000 -0.5%
2016 1,890,044,000 +0.84%
2017 1,906,146,000 +0.85%
2018 1,906,823,000 +0.04%
2019 1,872,317,000 -1.81%
2020 1,910,724,000 +2.05%
2021 1,922,082,000 +0.59%
2022 1,919,731,000 -0.12%
2023 1,868,101,000 -2.69%
2024 1,777,366,000 -4.86%
2025 1,996,984,000 +12.36%
2026 1,985,900,000 -0.56%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-05 02:06 UTC