Chevron’s dividends per share
In this part, we’ll look at Chevron’s (CVX) dividend trends. Chevron’s dividend payments have risen in the past few years. Chevron is set to pay a dividend of $1.12 per share on December 10, which represents 4% growth from its Q4 2016 dividend.
Chevron’s dividend yield
Chevron’s current dividend yield is 3.8%, lower than its Q4 2016 yield of 4.2% due to its stock price rising. In the first nine months of this year, Chevron’s cash outflow for dividends was $6.4 billion. Supported by its stronger cash flow and record upstream volumes, Chevron initiated a program to buy back around $3 billion in stock every year. In the third quarter, Chevron bought back $750 million in stock.