CVX Dividend History & Analysis | 5.4% Yield

CVX has a dividend yield of 5.4% and paid 6.98 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.35%
Payout Ratio 106.6%
Growth Rate CAGR 5y 6.53%
Consistency Lifetime 84.2%
Yield on Cost 5y 8.23%
Payout FCF 99.4%
Streak Years 40
Dividend Rating 72.85%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Integrated Oil & Gas

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PBR 133,398 M 8.59% 45.99%
EC 26,911 M 10.43% 20.09%
REP 28,760 M 7.12% 19.24%
ENI 80,793 M 7.62% 14.58%
EQNR 95,965 M 6.97% 12.51%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
OXY 59,300 M 121.34% 91.8%
CVE 58,872 M 68.31% 80.9%
EC 26,911 M 100.80% 66.8%
REP 28,760 M 34.27% 89.2%
IMO 65,829 M 26.00% 92.0%
Quality Dividend Peers in Integrated Oil & Gas TTE TotalEnergies SE
5.78% Yield IMO Imperial Oil
2.41% Yield SU Suncor Energy
3.89% Yield EQNR Equinor ASA
6.97% Yield CVE Cenovus Energy
3.26% Yield OXY Occidental Petroleum
2.13% Yield
CVX Dividend History: Last 50 Payments (USD) as of May 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%
2021-05-18 2021-05-19 2021-06-10 Quarterly 1.34 +3.9% N/A
2021-02-16 2021-02-17 2021-03-10 Quarterly 1.29 0% N/A
2020-11-17 2020-11-18 2020-12-10 Quarterly 1.29 0% N/A
2020-08-18 2020-08-19 2020-09-10 Quarterly 1.29 0% N/A
2020-05-18 2020-05-19 2020-06-10 Quarterly 1.29 0% N/A
2020-02-14 2020-02-18 2020-03-10 Quarterly 1.29 +8.4% N/A
2019-11-15 2019-11-18 2019-12-10 Quarterly 1.19 0% N/A
2019-08-16 2019-08-19 2019-09-10 Quarterly 1.19 0% N/A
2019-05-16 2019-05-17 2019-06-10 Quarterly 1.19 0% N/A
2019-02-14 2019-02-15 2019-03-11 Quarterly 1.19 +6.2% N/A
2018-11-15 2018-11-16 2018-12-10 Quarterly 1.12 0% N/A
2018-08-16 2018-08-17 2018-09-10 Quarterly 1.12 0% N/A
2018-05-17 2018-05-18 2018-06-11 Quarterly 1.12 0% N/A
2018-02-15 2018-02-16 2018-03-12 Quarterly 1.12 +3.7% N/A
2017-11-16 2017-11-17 2017-12-11 Quarterly 1.08 0% N/A
2017-08-16 2017-08-18 2017-09-11 Quarterly 1.08 0% N/A
2017-05-17 2017-05-19 2017-06-12 Quarterly 1.08 0% N/A
2017-02-14 2017-02-16 2017-03-10 Quarterly 1.08 0% N/A
2016-11-16 2016-11-18 2016-12-12 Quarterly 1.08 +0.9% N/A
2016-08-17 2016-08-19 2016-09-12 Quarterly 1.07 0% N/A
2016-05-17 2016-05-19 2016-06-10 Quarterly 1.07 0% N/A
2016-02-16 2016-02-18 2016-03-10 Quarterly 1.07 0% N/A
2015-11-16 2015-11-18 2015-12-10 Quarterly 1.07 0% N/A
2015-08-17 2015-08-19 2015-09-10 Quarterly 1.07 0% N/A
2015-05-15 2015-05-19 2015-06-10 Quarterly 1.07 0% N/A
2015-02-12 2015-02-17 2015-03-10 Quarterly 1.07 0% N/A
2014-11-14 2014-11-18 2014-12-10 Quarterly 1.07 0% N/A
2014-08-15 2014-08-19 2014-09-10 Quarterly 1.07 0% N/A
2014-05-15 2014-05-19 2014-06-10 Quarterly 1.07 +7% N/A
2014-02-12 2014-02-14 2014-03-10 Quarterly 1 0% N/A

CVX Dividend FAQ

Chevron Corporation (CVX) is a global integrated energy firm headquartered in Houston, Texas. The company operates across the entire hydrocarbon value chain, organized into Upstream and Downstream segments, alongside specialized corporate functions. Its Upstream activities focus on the exploration, production, and transport of crude oil and natural gas, while its Downstream operations manage refining, chemical manufacturing, and the marketing of finished lubricants and fuels.

What is the Dividend Yield of CVX?

As of May 2026, CVX's dividend yield is 5.35%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.98 USD by the current share price of 197.25.

Does CVX pay a dividend?

As of May 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 1.782 (+0.1%) and 1.865 (+4.8%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.68%.

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 6.53% 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 84.81 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 84.2%. 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. Moderately consistent: Chevron has a good track record of consistent dividend payments over its lifetime.

Does CVX have a good Dividend Yield?

CVX's 5.35% 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 72.85%. 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: 2026-05-10 02:16 UTC