Chevron Announces 11.1 Percent Increase In Quarterly Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of ninety cents ($0.90) per share, payable June 11, 2012, to holders of common stock as shown on the transfer records of the Corporation at the close of business on May 18, 2012. The amount represents an 11.1 percent increase in the company's quarterly dividend.

Chairman and CEO John Watson said, "We continue to share our success with our shareholders in the form of meaningful dividend growth. This reflects the strength of our current portfolio and our confidence in the company’s compelling growth prospects. Of note, 2012 marks 100 years of continuous dividend payments to our shareholders.”

Chevron has increased its annual dividend 25 consecutive years.

Copyright Business Wire 2010

If you liked this article you might like

Quick Tips: Now What Should Investors Do?

Quick Tips: Now What Should Investors Do?

Jim Cramer: These 4 Stocks Seem Attractive Right Here

Jim Cramer: These 4 Stocks Seem Attractive Right Here

These 5 Dow Stocks Are Already in Correction in 2018

These 5 Dow Stocks Are Already in Correction in 2018

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)

Chevron Could Be At Bargain Prices for Experienced Traders

Chevron Could Be At Bargain Prices for Experienced Traders