CVX Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

Shutterstock photo

Chevron Corporation (Symbol: CVX) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.9% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel , Chevron Corporation is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 1.50% of the SPDR S&P Dividend ETF ( SDY ), which holds $275,143,521 worth of CVX shares.

Chevron Corporation (Symbol: CVX) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments.

The annualized dividend paid by Chevron Corporation is $4.76/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/16/2019. Below is a long-term dividend history chart for CVX, which the report stressed as being of key importance.


CVX operates in the Oil & Gas Refining & Marketing sector, among companies like Suncor Energy Inc ( SU ), and Equinor ASA ( EQNR ).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks , ETFs
Referenced Symbols: ITOT , SDY , SU , EQNR , CVX

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?