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Chevron (ticker: CVX), the sprawling global energy firm, has declared a quarterly dividend increase of 6% to $1.19 a share.
Chevron's dividend increases have been growing.
A year ago, the company boosted its quarterly disbursement by nearly 4% to $1.12 from $1.08. In 2016, under pressure from weak oil prices, the company increased its dividend by a penny, to $1.07 a share.
Energy stocks have been out of favor again this year amid slumping oil prices, and Chevron's stock has returned minus 6% over the past year. A silver lining is that the stock yields an attractive 4.2%.
The firm is scheduled to release fourth-quarter earnings results on Friday.
Exxon Mobil (XOM) has been announcing its dividend increases in April. Last April, the company's board declared a quarterly dividend of 82 cents a share, up more than 6% from 77 cents. The stock yields 4.5%.
Elsewhere, financial services company Charles Schwab plans to up its quarterly payout to 17 cents a share from 13 cents, a hefty 31% increase.
The firm's operations include brokerage and financial advice. The stock's one-year return is around minus 11%. It yields 1.1%.
S&P Global will boost its quarterly dividend to 57 cents a share, up from 50 cents, for a 14% rise. The stock yields 1.2%.
The company's specialties include financial data, benchmarks and ratings. The stock's one-year return is about 5%.
Penske Automotive declared a quarterly dividend of 38 cents a share, up by one penny, or nearly 3%. The stock, which yields 3.3%, has a 12-month return of minus 8%.
Its operations include operating automotive and commercial truck dealerships, mainly in the U.S., Canada and Western Europe.
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