Chevron Increases Quarterly Dividend; Announces $75B Stock Repurchase Program

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Go back to Chevron Increases Quarterly Dividend; Announces $75B Stock Repurchase Program

Chevron goes big with new $75 billion buyback, surpassing Exxon's

January 25, 2023 5:20 PM EST

Chevron (NYSE: CVX) shares rose 2.5% after-hours Wednesday after the company announced a massive buyback plan and another dividend hike.

The oil giant's Board authorized the repurchase of $75 billion of the companys common shares. The new plan is three times the size... More

Chevron (CVX) Raises Quarterly Dividend 6.3% to $1.51; 3.4% Yield

January 25, 2023 4:33 PM EST

Chevron (NYSE: CVX) declared a quarterly dividend of $1.51 per share, or $6.04 annualized. This is a 6.3% increase from the prior dividend of $1.42.

The dividend will be payable on March 10, 2023, to stockholders of record on February 6, 2023, with an ex-dividend date of February 3,... More